Tapestry Inc (NYSE: TPR) is 24.40% higher on its value in year-to-date trading and has touched a low of $35.23 and a high of $90.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TPR stock was last observed hovering at around $84.09 in the last trading session, with the day’s loss setting it -2.82%.
Currently trading at $81.27, the stock is -2.57% and 8.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.97 million and changing -3.35% at the moment leaves the stock 53.32% off its SMA200. TPR registered 70.99% gain for a year compared to 6-month gain of 100.57%.
The stock witnessed a 11.42% loss in the last 1 month and extending the period to 3 months gives it a 33.40%, and is -3.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.81% over the week and 3.81% over the month.
Tapestry Inc (TPR) has around 18600 employees, a market worth around $16.82B and $6.78B in sales. Current P/E ratio is 23.59 and Fwd P/E is 15.03. Profit margin for the company is 11.74%. Distance from 52-week low is 130.68% and -10.54% from its 52-week high. The company has generated returns on investments over the last 12 months (16.39%).
The EPS is expected to grow by 14.44% this year.
Tapestry Inc (TPR) Top Institutional Holders
The shares outstanding are 206.90M, and float is at 206.24M with Short Float at 9.81%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 30.67 million shares valued at $1.31 billion. The investor’s holdings represent 13.3647% of the TPR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.59 million shares valued at $$838.42 million to account for 8.5376 of the shares outstanding. The other top investors are FMR LLC which holds 18.32 million shares representing 7.9833% and valued at over $783.98 million, while STATE STREET CORP holds 3.6614 of the shares totaling 8.4 million with a market value of $359.56 million.
Tapestry Inc (TPR) Insider Activity
A total of 0 insider transactions have happened at Tapestry Inc (TPR) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Kahn Todd,the company’sCEO and Brand President, Coach. SEC filings show that Kahn Todd sold 21,107 shares of the company’s common stock on Feb 26 ’25 at a price of $85.41 per share for a total of $1.8 million. Following the sale, the insider now owns 0.16 million shares.
Tapestry Inc disclosed in a document filed with the SEC on Feb 25 ’25 that Kahn Todd (CEO and Brand President, Coach) sold a total of 21,107 shares of the company’s common stock. The trade occurred on Feb 25 ’25 and was made at $84.00 per share for $1.77 million. Following the transaction, the insider now directly holds 0.18 million shares of the TPR stock.
Still, SEC filings show that on Feb 26 ’25, Leonard Todd Kahn (Officer) Proposed Sale 24,050 shares at an average price of $84.03 for $2.02 million. The insider now directly holds shares of Tapestry Inc (TPR).
Tapestry Inc (TPR): Who are the competitors?
The company’s main competitors (and peers) include Moelis & Co. (MC) that is trading 24.25% up over the past 12 months. Tapestry Inc. (TPR) that is 72.95% higher over the same period.
