In Thursday’s Wall Street session, Tapestry Inc (NYSE:TPR) shares traded at $82.20, up 0.55% from the previous session.
TPR stock price is now 11.43% away from the 50-day moving average and 27.80% away from the 200-day moving average. The market capitalization of the company currently stands at $17.07B.
With the price target maintained at $100, TD Cowen recently Upgraded its rating from Hold to Buy for Tapestry Inc (NYSE: TPR). On May 08, 2025, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock keeping its target price maintained at $90, while ‘Redburn Atlantic’ rates the stock as ‘Buy’
In other news, Dadlani Manesh, VP, Controller and PAO sold 1,399 shares of the company’s stock on May 12 ’25. The stock was sold for $114,551 at an average price of $81.88. Upon completion of the transaction, the VP, Controller and PAO now directly owns 40,922 shares in the company, valued at $3.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 13 ’25, VP, Controller and PAO Dadlani Manesh sold 269 shares of the business’s stock. A total of $22,709 was realized by selling the stock at an average price of $84.42. This leaves the insider owning 36,221 shares of the company worth $2.98 million. A total of 0.43% 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 2.75, a current ratio of 1.76, and a quick ratio of 1.22.
The net profit margin was 12.50% and return on equity was 40.27% for TPR. For the current quarter, analysts expect TPR to generate $1.67B in revenue.
