Insider Selling: Tapestry (NYSE:TPR) CEO Sells $6,025,602.10 in Stock

Tapestry, Inc. (NYSE:TPR) CEO Todd Kahn sold 39,815 shares of Tapestry stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $151.34, for a total value of $6,025,602.10. Following the completion of the transaction, the chief executive officer directly owned 120,578 shares of the company’s stock, valued at $18,248,274.52. This represents a 24.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Todd Kahn also recently made the following trade(s):

• On Monday, November 24th, Todd Kahn sold 10,344 shares of Tapestry stock. The stock was sold at an average price of $107.00, for a total transaction of $1,106,808.00.
• On Tuesday, November 18th, Todd Kahn sold 29,000 shares of Tapestry stock. The shares were sold at an average price of $102.83, for a total transaction of $2,982,070.00.

Tapestry Trading Up 0.7%

Shares of NYSE TPR opened at $153.66 on Friday. Tapestry, Inc. has a 1-year low of $58.39 and a 1-year high of $158.28. The company has a market cap of $31.11 billion, a PE ratio of 63.49, a P/E/G ratio of 1.87 and a beta of 1.63. The company has a current ratio of 1.63, a quick ratio of 1.10 and a debt-to-equity ratio of 4.32. The company has a 50-day moving average of $131.49 and a two-hundred day moving average of $116.47.

Tapestry (NYSE:TPR) last released its quarterly earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 EPS for the quarter, beating the consensus estimate of $2.20 by $0.49. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. The business had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same period in the prior year, the firm earned $2.00 earnings per share. Tapestry’s revenue was up 14.0% compared to the same quarter last year. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. As a group, equities analysts expect that Tapestry, Inc. will post 4.91 earnings per share for the current fiscal year.

Tapestry announced that its board has authorized a share repurchase program on Thursday, November 6th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the luxury accessories retailer to reacquire up to 4.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Tapestry Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. Tapestry’s payout ratio is presently 66.12%.

Institutional Investors Weigh In On Tapestry

Several large investors have recently made changes to their positions in TPR. Schroder Investment Management Group increased its holdings in Tapestry by 92.8% during the 4th quarter. Schroder Investment Management Group now owns 9,350,221 shares of the luxury accessories retailer’s stock worth $1,194,678,000 after purchasing an additional 4,500,850 shares in the last quarter. Norges Bank acquired a new position in shares of Tapestry during the fourth quarter worth about $345,349,000. Massachusetts Financial Services Co. MA grew its holdings in shares of Tapestry by 250.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,449,170 shares of the luxury accessories retailer’s stock worth $277,295,000 after buying an additional 1,750,566 shares in the last quarter. State Street Corp raised its position in Tapestry by 19.3% in the 3rd quarter. State Street Corp now owns 9,229,777 shares of the luxury accessories retailer’s stock valued at $1,044,995,000 after buying an additional 1,494,193 shares during the last quarter. Finally, Voloridge Investment Management LLC lifted its stake in Tapestry by 160.5% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,886,518 shares of the luxury accessories retailer’s stock valued at $213,592,000 after acquiring an additional 1,162,442 shares in the last quarter. Institutional investors own 90.77% of the company’s stock.

Tapestry News Summary

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q4 beat and FY2026 guidance: Tapestry reported a sizable Q4 beat (EPS and revenue) and set FY26 EPS guidance of $6.40–$6.45, reinforcing growth expectations and supporting the rally. 5 Insightful Analyst Questions From Tapestry’s Q4 Earnings Call
• Positive Sentiment: Capital returns: Board authorized a $1.0B buyback (~4.9% of shares) and declared a quarterly dividend ($0.40), which supports shareholder yield and signals board confidence. MarketBeat TPR coverage
• Positive Sentiment: Positive research/upgrade flow: Multiple outlets have upgraded or raised targets (BTIG, Wells Fargo, Barclays and others), and Zacks highlights TPR as a strong growth stock — these notes can attract demand from institutional and retail investors. Zacks: Here’s Why Tapestry is a Strong Growth Stock
• Positive Sentiment: Dividend-growth screen inclusion: Tapestry appears on lists of dividend-growth picks, which may support longer-term, income‑focused buying. Zacks: Buy These 5 Dividend Growth Stocks
• Neutral Sentiment: Media/TV attention is boosting short‑term flows: Coverage (e.g., Jim Cramer) is drawing trading interest but doesn’t change fundamentals — may add volatility. MSN / Cramer coverage
• Neutral Sentiment: Analyst upside may be partly priced in: Several firms have raised targets, which helps sentiment but could limit near‑term upside if expectations are already reflected in the share price.
• Negative Sentiment: Heavy insider selling this week: Multiple insiders sold substantial blocks (CEO Todd Kahn, CFO Scott Roe, and other officers/directors), which reduces insider holdings ~20–25% in some cases and may prompt investor concern or short‑term selling pressure. InsiderTrades roundup

Analysts Set New Price Targets

TPR has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Tapestry in a report on Wednesday, January 21st. Barclays set a $179.00 price target on shares of Tapestry and gave the stock an “overweight” rating in a research report on Friday, February 6th. Evercore increased their price objective on shares of Tapestry from $129.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Robert W. Baird set a $160.00 price objective on shares of Tapestry in a research note on Friday, February 6th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $170.00 target price on shares of Tapestry in a research report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Tapestry presently has an average rating of “Moderate Buy” and an average price target of $145.05.

About Tapestry

Tapestry, Inc is a New York City–based house of fashion brands that designs, produces and distributes a range of accessible luxury and lifestyle products. The company manages a portfolio led by Coach, along with Kate Spade New York and Stuart Weitzman, each offering distinct product lines that include handbags and leather goods, footwear, ready-to-wear apparel, accessories, small leather goods, jewelry and lifestyle items. Tapestry’s operations encompass product design, marketing, wholesale partnerships, retail store operations and digital commerce.

Historically, the Coach brand traces its roots to a leather workshop in New York dating to the mid-20th century.