Forum Financial Management, 111 Capital, Tidal Investments LLC, Vise Technologies Inc., PharVision Advisers LLC, Woodline Partners LP, Southpoint Capital Advisors LP, NorthRock Partners LLC, Tenzing Global Management LLC, Jefferies Financial Group Inc., Mufg Securities Americas Inc., Focus Partners Wealth, Ensign Peak Advisors Inc, Quantinno Capital Management LP, and Point72 Hong Kong Ltd have significantly increased their holdings in
Tapestry, Inc. (NYSE:TPR). On the other hand,
Two Sigma Advisers LP, Public Employees Retirement System of Ohio, ProShare Advisors LLC, Westwood Holdings Group Inc., Man Group plc, Nuveen Asset Management LLC, Cetera Investment Advisers, and Baird Financial Group Inc. have reduced their stakes in the company. The company has seen an increase in its shares, which rose by
5.35% on May 27 and further soared by
11.0%. This impressive performance was driven by strong
Q1 earnings and subsequent positive stock performance. The company has lifted its full-year outlook due to positive momentum from
Coach and supply chain flexibility. It recently paid a dividend of $0.35 and announced an accelerated share repurchase program worth $2.0 Billion. However, some insiders have sold a significant portion of their holdings in the company, including Tapestry, Inc. CEO
Todd Kahn. In a structural change, Tapestry, Inc. has announced that it will be selling its
Stuart Weitzman Brand to Caleres.
Tapestry TPR News Analytics from Thu, 07 Nov 2024 08:00:00 GMT to Sat, 31 May 2025 23:30:39 GMT -
Rating 8
- Innovation 2
- Information 8
- Rumor 2
