Capri Holdings Limited $CPRI Shares Sold by ARGA Investment Management LP

ARGA Investment Management LP trimmed its position in Capri Holdings Limited (NYSE:CPRI) by 25.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 159,531 shares of the company’s stock after selling 55,743 shares during the period. ARGA Investment Management LP owned about 0.13% of Capri worth $3,178,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CPRI. Vontobel Holding Ltd. grew its holdings in shares of Capri by 105.6% during the 3rd quarter. Vontobel Holding Ltd. now owns 127,029 shares of the company’s stock worth $2,530,000 after purchasing an additional 65,259 shares during the period. AXQ Capital LP boosted its stake in Capri by 67.7% during the second quarter. AXQ Capital LP now owns 44,387 shares of the company’s stock worth $786,000 after buying an additional 17,913 shares during the period. ProShare Advisors LLC acquired a new stake in shares of Capri during the second quarter valued at about $515,000. Ameritas Investment Partners Inc. raised its stake in shares of Capri by 47.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 34,778 shares of the company’s stock valued at $616,000 after acquiring an additional 11,157 shares during the period. Finally, Norges Bank acquired a new position in shares of Capri in the 2nd quarter worth approximately $55,906,000. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Rajal Mehta sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total value 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 represents a 93.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.30% of the stock is currently owned by insiders.

Capri Stock Down 2.2%

Shares of Capri stock opened at $24.68 on Friday. Capri Holdings Limited has a 52-week low of $11.86 and a 52-week high of $28.26. The company has a market capitalization of $2.94 billion, a P/E ratio of -2.51, a P/E/G ratio of 0.50 and a beta of 1.45. The company has a 50 day moving average of $25.11 and a 200 day moving average of $22.16.

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Capri in a report on Wednesday. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $24.00 price objective on shares of Capri in a research note on Tuesday, January 6th. The Goldman Sachs Group started coverage on Capri in a research note on Thursday, January 8th. They set a “neutral” rating and a $27.00 target price on the stock. Guggenheim raised Capri to a “strong-buy” rating in a research report on Wednesday, December 10th. Finally, Raymond James Financial raised shares of Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price target on the stock in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $27.50.

Capri Company Profile

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.