3Chopt Investment Partners LLC and other firms have acquired new holdings in
Tapestry, Inc., while others like
Wilsey have almost liquidated their holdings.
Tapestry's share price momentum is drawing attention to its valuation.
Tapestry's growth potential has been highlighted, with the company's robust stock performance contributing to its attractiveness. Despite this, some firms, including
Gagnon Securities LLC and
Avantra Family Wealth Inc., have sold off their Tapestry shares. Amidst this,
Tapestry's aggressive buyback and dividend hike have raised questions whether this is a sign of stronger brand momentum or cautious optimism. News that tariffs might bite into profits caused Tapestry shares to plunge.
Jim Cramer pointed out that Tapestry is a notable turnaround example, although it has faced some trading lows. Challenges remain around
Kate Spade's performance in the luxury market. Despite an annual earnings dip, Tapestry announced increased dividends amidst Q4 results. Its reaction to tariff pressures through a strong core business has been noted.
Tapestry boosted its stake in
recycled leather brand Gen Phoenix to almost 10%, while announcing a US$3 billion share repurchase program through fiscal 2025. Insiders and short sellers appeared to be offloading stocks, in contrast with Tapestry's profile rising amongst millennials and Gen Z.
Tapestry TPR News Analytics from Tue, 18 Mar 2025 07:00:00 GMT to Sat, 11 Oct 2025 08:58:26 GMT -
Rating -2
- Innovation 8
- Information 6
- Rumor -1
