Insider Selling: Capri (NYSE:CPRI) Director Sells $349,191.02 in Stock

Capri Holdings Limited (NYSE:CPRI – Get Free Report) Director Stephen Reitman sold 17,981 shares of Capri stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $19.42, for a total transaction of $349,191.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Capri Price Performance

NYSE CPRI opened at $20.76 on Friday. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 4.08. Capri Holdings Limited has a 12-month low of $16.22 and a 12-month high of $28.26. The company has a market capitalization of $2.39 billion, a PE ratio of 18.21, a price-to-earnings-growth ratio of 0.36 and a beta of 1.40. The firm’s 50 day moving average is $19.03 and its 200-day moving average is $21.31.

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

Hedge Funds Weigh In On Capri

Institutional investors have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC increased its holdings in Capri by 299.7% during the first quarter. Measured Wealth Private Client Group LLC now owns 1,523 shares of the company’s stock worth $27,000 after buying an additional 1,142 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of Capri in the third quarter valued at $39,000. Quantbot Technologies LP acquired a new position in shares of Capri in the second quarter valued at $39,000. Hantz Financial Services Inc. increased its holdings in shares of Capri by 167.4% in the third quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock valued at $54,000 after purchasing an additional 1,691 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of Capri by 273.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company’s stock valued at $55,000 after purchasing an additional 1,638 shares during the last quarter. 84.34% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Wells Fargo & Company lowered their price objective on shares of Capri from $21.00 to $20.00 and set an “equal weight” rating on the stock in a report on Thursday, May 28th. Barclays lowered their target price on shares of Capri from $32.00 to $24.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Raymond James Financial restated an “outperform” rating and set a $22.00 target price on shares of Capri in a report on Thursday, May 28th. Telsey Advisory Group lowered their target price on shares of Capri from $23.00 to $21.00 and set a “market perform” rating on the stock in a report on Thursday, May 28th. Finally, UBS Group lowered their target price on shares of Capri from $22.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $24.79.

Check Out Our Latest Stock Report on Capri

About Capri

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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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