John Idol Acquires 55,000 Shares of Capri (NYSE:CPRI) Stock

Key Points

• John Idol, Capri's CEO, purchased 55,000 shares on March 11 at an average price of $17.98, spending about $988,900 and increasing his holdings to 2,257,645 shares (a ~2.5% ownership increase) valued at roughly $40.6M.
• Capri beat quarterly EPS estimates ($0.81 vs. $0.78) and set FY26 guidance of 1.30–1.40 EPS, but still shows a negative net margin (-13.57%) and high leverage (debt/equity 2.07), with analysts holding a consensus Hold rating and an average price target of $26.46.

Capri Holdings Limited (NYSE:CPRI - Get Free Report) CEO John Idol acquired 55,000 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The shares were acquired at an average cost of $17.98 per share, for a total transaction of $988,900.00. Following the acquisition, the chief executive officer directly owned 2,257,645 shares of the company's stock, valued at $40,592,457.10. This trade represents 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 link.

Capri Price Performance

NYSE:CPRI traded down $0.74 during mid-day trading on Wednesday, hitting $17.86. 3,250,985 shares of the company's stock traded hands, compared to its average volume of 2,896,239. Capri Holdings Limited has a 1 year low of $11.86 and a 1 year high of $28.26. The company has a market cap of $2.13 billion, a PE ratio of -4.19, a price-to-earnings-growth ratio of 0.38 and a beta of 1.45. 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's 50 day simple moving average is $22.14 and its 200 day simple moving average is $22.39.

Capri (NYSE:CPRI - Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.03. Capri had a negative net margin of 13.57% and a negative return on equity of 430.23%. The business had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $999.84 million. During the same period last year, the company posted $0.63 EPS. The company's revenue was down 4.0% on a year-over-year basis. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. Sell-side analysts expect that Capri Holdings Limited will post 0.98 EPS for the current year.

Institutional Investors Weigh In On Capri

A number of large investors have recently modified their holdings of CPRI. Aster Capital Management DIFC Ltd acquired a new stake in Capri in the third quarter valued at approximately $39,000. Quantbot Technologies LP purchased a new stake in Capri during the 2nd quarter worth $39,000. Hantz Financial Services Inc. lifted its holdings in Capri by 167.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company's stock worth $54,000 after buying an additional 1,691 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Capri by 273.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company's stock valued at $55,000 after buying an additional 1,638 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in shares of Capri during the third quarter valued at about $60,000. Institutional investors and hedge funds own 84.34% of the company's stock.

Analysts Set New Price Targets

CPRI has been the subject of a number of analyst reports. BTIG Research reissued a "buy" rating and issued a $30.00 price objective on shares of Capri in a research report on Friday, January 30th. Jefferies Financial Group initiated coverage on Capri in a report on Wednesday, January 14th. They issued a "hold" rating and a $24.00 price target for the company. Barclays upped their target price on Capri from $31.00 to $32.00 and gave the company an "overweight" rating in a research note on Wednesday, February 4th. TD Cowen reissued a "buy" rating on shares of Capri in a research note on Wednesday, February 4th. Finally, Citigroup upgraded Capri from a "buy" rating to a "mixed" rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $26.46.

About Capri

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.

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