The stock of Tapestry Inc (NYSE:TPR) last traded at $81.28, up 0.01% from the previous session.
TPR stock price is now 8.25% away from the 50-day moving average and 52.78% away from the 200-day moving average. The market capitalization of the company currently stands at $16.83B.
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With the price target maintained at $110, Redburn Atlantic recently Upgraded its rating from Neutral to Buy for Tapestry Inc (NYSE: TPR). , while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Kahn Todd, CEO and Brand President, Coach sold 21,107 shares of the company’s stock on Feb 26 ’25. The stock was sold for $1,802,749 at an average price of $85.41. Upon completion of the transaction, the CEO and Brand President, Coach now directly owns 155,878 shares in the company, valued at $12.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 25 ’25, CEO and Brand President, Coach Kahn Todd sold 21,107 shares of the business’s stock. A total of $1,772,988 was realized by selling the stock at an average price of $84.00. This leaves the insider owning 176,985 shares of the company worth $14.39 million. A total of 0.37% of the company’s stock is owned by insiders.
During the past 12 months, Tapestry Inc has had a low of $35.23 and a high of $90.85. As of last week, the company has a debt-to-equity ratio of 3.07, a current ratio of 1.58, and a quick ratio of 1.05.
The net profit margin was 11.74% and return on equity was 39.82% for TPR. The company reported revenue of $2.2 billion for the quarter, compared to $2.08 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.32 percent.
