Capricorn Fund Managers Ltd Has $996,000 Stock Position in Capri Holdings Limited $CPRI

Capricorn Fund Managers Ltd lowered its stake in Capri Holdings Limited (NYSE:CPRI) by 80.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,000 shares of the company’s stock after selling 210,000 shares during the period. Capricorn Fund Managers Ltd’s holdings in Capri were worth $996,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Quantbot Technologies LP bought a new position in Capri in the 2nd quarter valued at about $39,000. CWM LLC boosted its position in shares of Capri by 37.2% during the 2nd quarter. CWM LLC now owns 2,360 shares of the company’s stock worth $42,000 after acquiring an additional 640 shares in the last quarter. Pingora Partners LLC bought a new position in Capri in the first quarter valued at approximately $47,000. Quarry LP acquired a new position in Capri during the first quarter valued at approximately $62,000. Finally, Banque Transatlantique SA acquired a new position in Capri during the first quarter valued at approximately $65,000. Institutional investors own 84.34% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Rajal Mehta sold 10,000 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total transaction of $259,600.00. Following the completion of the transaction, the chief financial officer directly owned 741 shares of the company’s stock, valued at $19,236.36. This trade represents a 93.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.30% of the stock is owned by insiders.

Capri Stock Performance

Shares of CPRI stock opened at $24.97 on Friday. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of -2.54, a PEG ratio of 0.50 and a beta of 1.48. The company has a current ratio of 1.25, a quick ratio of 0.69 and a debt-to-equity ratio of 3.97. The business’s 50-day moving average price is $23.76 and its 200-day moving average price is $21.12. Capri Holdings Limited has a 12 month low of $11.86 and a 12 month high of $28.26.

Capri (NYSE:CPRI) last issued its quarterly earnings data on Tuesday, November 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.17). Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. The business had revenue of $856.00 million during the quarter, compared to the consensus estimate of $825.74 million. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS and its FY 2026 guidance at 1.200-1.400 EPS. Equities research analysts forecast that Capri Holdings Limited will post 0.98 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Guggenheim raised Capri to a “strong-buy” rating in a report on Wednesday, December 10th. BTIG Research assumed coverage on Capri in a research note on Tuesday, October 14th. They issued a “buy” rating and a $30.00 price objective on the stock. Raymond James Financial raised Capri from a “market perform” rating to an “outperform” rating and set a $25.00 target price for the company in a research note on Tuesday, October 21st. Telsey Advisory Group raised their price target on shares of Capri from $22.00 to $23.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Finally, Jefferies Financial Group lifted their price target on shares of Capri from $20.00 to $24.00 and gave the company a “hold” rating in a report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $27.23.

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.