Stephen Reitman Sells 17,981 Shares of Capri (NYSE:CPRI) Stock

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

Capri Price Performance

CPRI stock opened at $19.49 on Thursday. The company has a debt-to-equity ratio of 4.08, a quick ratio of 0.60 and a current ratio of 1.21. Capri Holdings Limited has a 1 year low of $16.22 and a 1 year high of $28.26. The firm has a market cap of $2.24 billion, a P/E ratio of 17.09, a price-to-earnings-growth ratio of 0.37 and a beta of 1.40. The stock has a 50-day simple moving average of $18.97 and a 200-day simple moving average of $21.33.

Capri (NYSE:CPRI) last posted its earnings results 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 return on equity of 664.22% and a net margin of 3.94%.The business had revenue of $796.00 million during the quarter, compared to analyst estimates of $800.04 million. During the same quarter last year, the firm earned ($4.90) earnings per share. The company’s revenue for the quarter 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. On average, equities analysts predict that Capri Holdings Limited will post 2.05 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC lifted its holdings in Capri by 299.7% during the 1st 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 bought a new position in Capri during the 3rd quarter worth approximately $39,000. Quantbot Technologies LP bought a new position in Capri during the 2nd quarter worth approximately $39,000. Caitong International Asset Management Co. Ltd lifted its holdings in Capri by 273.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company’s stock worth $55,000 after buying an additional 1,638 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in Capri by 167.4% during the 3rd 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 last quarter. Institutional investors own 84.34% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CPRI shares. Raymond James Financial restated an “outperform” rating and set a $22.00 price objective on shares of Capri in a research note on Thursday, May 28th. UBS Group lowered their price objective on Capri from $22.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, May 28th. Weiss Ratings upgraded Capri from a “sell (e+)” rating to a “sell (d)” rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. lowered their price objective on Capri from $31.00 to $29.00 and set an “overweight” rating for the company in a research note on Thursday, May 28th. Finally, Wells Fargo & Company lowered their price objective on Capri from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $24.79.

About Capri

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.