Fox Run Management L.L.C. Boosts Holdings in Capri Holdings Limited $CPRI

Fox Run Management L.L.C. boosted its position in shares of Capri Holdings Limited (NYSE:CPRI – Free Report) by 567.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 81,089 shares of the company’s stock after buying an additional 68,933 shares during the quarter. Fox Run Management L.L.C.’s holdings in Capri were worth $1,979,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Aster Capital Management DIFC Ltd purchased a new position in Capri during the third quarter worth $39,000. Quantbot Technologies LP purchased a new position in Capri during the second quarter worth $39,000. Hantz Financial Services Inc. boosted its stake in Capri by 167.4% during the third quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock worth $54,000 after buying an additional 1,691 shares during the period. Headlands Technologies LLC purchased a new position in Capri during the second quarter worth $139,000. Finally, State of Wyoming purchased a new position in Capri during the second quarter worth $173,000. 84.34% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling at Capri

In other Capri news, CEO John D. Idol purchased 55,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average price of $17.98 per share, for a total transaction of $988,900.00. Following the completion of the purchase, the chief executive officer owned 2,257,645 shares of the company’s stock, valued at approximately $40,592,457.10. The trade was a 2.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 2.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on CPRI shares. BTIG Research reaffirmed a “buy” rating and set a $30.00 price objective on shares of Capri in a research note on Thursday, May 28th. Barclays decreased their target price on Capri from $32.00 to $24.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Telsey Advisory Group decreased their target price on Capri from $23.00 to $21.00 and set a “market perform” rating for the company in a research report on Thursday, May 28th. Bank of America decreased their target price on Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, May 28th. Finally, Wells Fargo & Company decreased their target price on Capri from $21.00 to $20.00 and set an “equal weight” rating for the company in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $24.79.

Check Out Our Latest Report on Capri

Capri Price Performance

CPRI opened at $19.38 on Tuesday. Capri Holdings Limited has a 1 year low of $16.22 and a 1 year high of $28.26. The firm has a market capitalization of $2.23 billion, a PE ratio of 17.00, a price-to-earnings-growth ratio of 0.35 and a beta of 1.40. The company has a debt-to-equity ratio of 4.08, a current ratio of 1.21 and a quick ratio of 0.60. The business’s 50-day moving average is $18.86 and its two-hundred day moving average is $21.37.

Capri (NYSE:CPRI – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.11. Capri had a return on equity of 664.22% and a net margin of 3.94%.The business had revenue of $796.00 million for the quarter, compared to analyst estimates of $800.04 million. During the same quarter in the previous year, the firm earned ($4.90) earnings per share. The company’s revenue was down 23.1% on a year-over-year basis. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. Research analysts anticipate that Capri Holdings Limited will post 2.05 earnings per share for the current fiscal year.

About Capri

(Free Report)

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.

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