Legato Capital Management LLC Makes New $919,000 Investment in Capri Holdings Limited $CPRI

Legato Capital Management LLC bought a new position in Capri Holdings Limited (NYSE:CPRI) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 46,125 shares of the company’s stock, valued at approximately $919,000.

Other large investors also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd purchased a new position in Capri during the third quarter worth about $39,000. Quantbot Technologies LP purchased a new position in shares of Capri in the 2nd quarter worth approximately $39,000. CWM LLC boosted its stake in shares of Capri by 37.2% in the 2nd quarter. CWM LLC now owns 2,360 shares of the company’s stock worth $42,000 after buying an additional 640 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Capri by 167.4% in the third quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock valued at $54,000 after acquiring an additional 1,691 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of Capri during the third quarter valued at approximately $60,000. 84.34% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the company. UBS Group reissued a “neutral” rating and issued a $22.00 price objective on shares of Capri in a research report on Wednesday, February 4th. Wells Fargo & Company lowered their target price on Capri from $27.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 4th. Zacks Research downgraded shares of Capri from a “strong-buy” rating to a “hold” rating in a report on Friday, December 5th. TD Cowen restated a “buy” rating on shares of Capri in a research report on Wednesday, February 4th. Finally, Guggenheim raised shares of Capri to a “strong-buy” rating in a research report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $26.46.

Insider Activity

In related news, CFO Rajal Mehta sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $25.96, for a total transaction of $259,600.00. Following the sale, the chief financial officer directly owned 741 shares in the company, valued at approximately $19,236.36. This represents a 93.10% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.30% of the stock is currently owned by company insiders.

Capri Stock Down 2.6%

Shares of NYSE CPRI opened at $18.96 on Wednesday. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.14 and a quick ratio of 0.52. The stock has a market capitalization of $2.26 billion, a PE ratio of -4.45, a P/E/G ratio of 0.40 and a beta of 1.45. Capri Holdings Limited has a one year low of $11.86 and a one year high of $28.26. The business’s fifty day moving average price is $22.89 and its 200-day moving average price is $22.49.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.03. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $999.84 million. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The firm’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 EPS. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. On average, equities research analysts anticipate that Capri Holdings Limited will post 0.98 EPS for the current year.

Capri Company Profile

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.