CMC Financial Group, Contravisory Investment Management Inc, and Merit Financial Group LLC are among the firms that have recently expanded their stake in Tapestry, Inc. (NYSE:TPR) while others like Retireful LLC and Delphi Management Inc. MA have decreased theirs. Tapestry's
short interest plummeted by 18.0% in May and its shares were bought by several new investors including GAMMA Investing LLC and B. Riley Wealth Advisors Inc. The company recently reported
improved fiscal outcomes, with optimistic forecasts leading to a boost in its stocks. Tapestry announced a
dividend of $0.35 and was recognized as a promising growth stock for long-term investors. Despite some executives selling their shares, the company saw
soaring sales of its Coach products, welcomed new positions by various firms like Michels family Financial LLC, and hosted numerous earnings calls. Additionally, Tapestry entered into a definitive agreement to
sell its Stuart Weitzman brand to Caleres. Moving forward, Tapestry is forecasted to continue showing profitability and is considered to be outperforming other retail-wholesale stocks.
Tapestry TPR News Analytics from Thu, 07 Nov 2024 08:00:00 GMT to Sat, 07 Jun 2025 21:07:43 GMT -
Rating 7
- Innovation 2
- Information 7
- Rumor 5
