Tapestry, Inc. (NYSE:TPR – Get Free Report) insider Denise Kulikowsky sold 9,166 shares of the stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $155.62, for a total value of $1,426,412.92. Following the completion of the transaction, the insider directly owned 26,942 shares in the company, valued at $4,192,714.04. This trade represents a 25.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Denise Kulikowsky also recently made the following trade(s):
- On Thursday, December 4th, Denise Kulikowsky sold 583 shares of Tapestry stock. The shares were sold at an average price of $115.17, for a total value of $67,144.11.
Tapestry Stock Performance
Shares of NYSE:TPR opened at $152.63 on Friday. The business has a 50-day moving average of $130.74 and a two-hundred day moving average of $116.17. The firm has a market capitalization of $30.90 billion, a PE ratio of 63.07, a P/E/G ratio of 1.91 and a beta of 1.63. The company has a debt-to-equity ratio of 4.32, a current ratio of 1.63 and a quick ratio of 1.10. Tapestry, Inc. has a 12 month low of $58.39 and a 12 month high of $158.28.
Tapestry announced that its Board of Directors has initiated a stock repurchase plan on Thursday, November 6th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the luxury accessories retailer to repurchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.
Tapestry Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, March 6th. Tapestry’s dividend payout ratio is 66.12%.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the stock. TD Cowen restated a “buy” rating on shares of Tapestry in a research report on Tuesday. Raymond James Financial lifted their target price on Tapestry from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Tuesday, October 21st. Citigroup upped their target price on Tapestry from $152.00 to $165.00 and gave the company a “buy” rating in a report on Friday, February 6th. Barclays set a $179.00 price target on Tapestry and gave the stock an “overweight” rating in a report on Friday, February 6th. Finally, Robert W. Baird set a $160.00 price objective on Tapestry in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Tapestry presently has a consensus rating of “Moderate Buy” and an average target price of $143.33.
Check Out Our Latest Report on Tapestry
More Tapestry News
Here are the key news stories impacting Tapestry this week:
- Positive Sentiment: Q4 results and guidance: Tapestry reported a meaningful Q4 beat (EPS and revenue) and set FY2026 EPS guidance of $6.40–$6.45, supporting the company’s growth story and valuation. 5 Insightful Analyst Questions From Tapestry’s Q4 Earnings Call
- Positive Sentiment: Capital returns and income: Board authorized a $1.0B buyback (≈4.9% of shares) and declared a quarterly dividend ($0.40), signaling confidence and supporting shareholder returns. MarketBeat TPR coverage
- Neutral Sentiment: Analyst activity: Several firms raised targets or reiterated positive views (Goldman Sachs, Citigroup, Bernstein); Zacks upgraded TPR to “strong-buy,” which can support demand over time but may already be priced in. Zacks upgrade
- Neutral Sentiment: Media commentary: Coverage and TV commentary (e.g., Jim Cramer) are driving short-term interest but are not new fundamental data. MSN / Cramer coverage
- Negative Sentiment: Large insider selling: Multiple insiders executed large sales this week — CEO Todd Kahn (~39,815 shares, ~$6.0M), CFO Scott Roe (44,290 shares, ~$6.76M), plus other officers/directors — reducing their holdings by ~20–25% each, which can signal near-term selling pressure or prompt investor concern. InsiderTrades roundup
Hedge Funds Weigh In On Tapestry
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Schroder Investment Management Group raised its stake in Tapestry by 1,661.6% during the 2nd quarter. Schroder Investment Management Group now owns 4,002,818 shares of the luxury accessories retailer’s stock valued at $351,487,000 after acquiring an additional 3,775,593 shares in the last quarter. Norges Bank acquired a new position in shares of Tapestry during the fourth quarter valued at $345,349,000. Massachusetts Financial Services Co. MA raised its stake in shares of Tapestry by 250.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,449,170 shares of the luxury accessories retailer’s stock valued at $277,295,000 after purchasing an additional 1,750,566 shares in the last quarter. State Street Corp raised its stake in shares of Tapestry by 19.3% during the third quarter. State Street Corp now owns 9,229,777 shares of the luxury accessories retailer’s stock valued at $1,044,995,000 after purchasing an additional 1,494,193 shares in the last quarter. Finally, Voloridge Investment Management LLC lifted its holdings in Tapestry by 160.5% in the third quarter. Voloridge Investment Management LLC now owns 1,886,518 shares of the luxury accessories retailer’s stock worth $213,592,000 after purchasing an additional 1,162,442 shares during the period. 90.77% of the stock is owned by institutional investors.
Tapestry Company Profile
Tapestry, Inc is a New York City–based house of fashion brands that designs, produces and distributes a range of accessible luxury and lifestyle products. The company manages a portfolio led by Coach, along with Kate Spade New York and Stuart Weitzman, each offering distinct product lines that include handbags and leather goods, footwear, ready-to-wear apparel, accessories, small leather goods, jewelry and lifestyle items. Tapestry’s operations encompass product design, marketing, wholesale partnerships, retail store operations and digital commerce.
Historically, the Coach brand traces its roots to a leather workshop in New York dating to the mid-20th century.
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