Oliver Luxxe Assets LLC Acquires Shares of 94,682 Capri Holdings Limited $CPRI

Oliver Luxxe Assets LLC acquired a new position in Capri Holdings Limited (NYSE:CPRI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 94,682 shares of the company’s stock, valued at approximately $2,310,000. Oliver Luxxe Assets LLC owned approximately 0.08% of Capri at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC increased its position in shares of Capri by 9.1% during the fourth quarter. GAMMA Investing LLC now owns 12,694 shares of the company’s stock valued at $310,000 after buying an additional 1,061 shares during the period. Penn Capital Management Company LLC bought a new position in Capri in the third quarter worth about $243,000. CIBC Bancorp USA Inc. purchased a new stake in Capri in the third quarter worth about $247,000. Integrated Wealth Concepts LLC lifted its holdings in Capri by 4.9% in the third quarter. Integrated Wealth Concepts LLC now owns 20,246 shares of the company’s stock worth $403,000 after buying an additional 940 shares during the period. Finally, Gotham Asset Management LLC boosted its position in Capri by 41.4% during the 3rd quarter. Gotham Asset Management LLC now owns 229,247 shares of the company’s stock valued at $4,567,000 after acquiring an additional 67,114 shares in the last quarter. 84.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Capri

In related news, CEO John D. Idol purchased 55,000 shares of Capri stock in a transaction dated Wednesday, March 11th. The stock was purchased at an average cost of $17.98 per share, for a total transaction of $988,900.00. Following the completion of the acquisition, the chief executive officer directly owned 2,257,645 shares of the company’s stock, valued at $40,592,457.10. The trade was a 2.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Zacks Research lowered Capri from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Guggenheim upgraded Capri to a “strong-buy” rating in a research report on Wednesday, December 10th. Citigroup raised Capri from a “buy” rating to a “mixed” rating in a research note on Tuesday, January 20th. Wells Fargo & Company decreased their price objective on Capri from $27.00 to $21.00 and set an “equal weight” rating for the company in a report on Wednesday, February 4th. Finally, The Goldman Sachs Group lowered their price objective on Capri from $27.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $26.46.

Capri Price Performance

CPRI stock opened at $18.05 on Friday. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.52 and a current ratio of 1.14. The firm has a 50 day moving average price of $21.17 and a 200-day moving average price of $22.25. Capri Holdings Limited has a 52-week low of $11.86 and a 52-week high of $28.26. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of -4.24, a PEG ratio of 0.37 and a beta of 1.45.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.03. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $999.84 million. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.63 EPS. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. Equities research analysts forecast that Capri Holdings Limited will post 0.98 EPS for the current fiscal year.

Capri 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.