Bridgefront Capital LLC Takes $542,000 Position in Capri Holdings Limited $CPRI

Bridgefront Capital LLC purchased a new position in Capri Holdings Limited (NYSE:CPRI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 27,225 shares of the company’s stock, valued at approximately $542,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CPRI. Quantbot Technologies LP purchased a new position in Capri during the second quarter valued at approximately $39,000. Aster Capital Management DIFC Ltd purchased a new stake in Capri during the third quarter worth $39,000. Hantz Financial Services Inc. boosted its position in Capri by 167.4% during the 3rd 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. Root Financial Partners LLC bought a new stake in Capri during the 3rd quarter valued at $60,000. Finally, Traub Capital Management LLC purchased a new position in shares of Capri in the 2nd quarter valued at $80,000. 84.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

CPRI has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Capri in a research report on Wednesday, January 21st. Jefferies Financial Group assumed coverage on Capri in a research report on Wednesday, January 14th. They set a “hold” rating and a $24.00 price objective on the stock. Guggenheim upgraded Capri to a “strong-buy” rating in a research note on Wednesday, December 10th. Robert W. Baird upgraded shares of Capri from a “neutral” rating to an “outperform” rating and set a $26.00 target price for the company in a report on Wednesday, February 4th. Finally, UBS Group restated a “neutral” rating and issued a $22.00 price target on shares of Capri in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $26.46.

Insider Buying and Selling at Capri

In related news, CEO John D. Idol acquired 55,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average price of $17.98 per share, for a total transaction of $988,900.00. Following the completion of the acquisition, the chief executive officer directly owned 2,257,645 shares in the company, valued at $40,592,457.10. The trade was a 2.50% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.30% of the company’s stock.

Capri Stock Down 1.1%

Capri stock opened at $18.37 on Tuesday. 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 $2.19 billion, a price-to-earnings ratio of -4.31, a PEG ratio of 0.38 and a beta of 1.45. Capri Holdings Limited has a 1-year low of $11.86 and a 1-year high of $28.26. The business has a fifty day moving average price of $21.78 and a 200-day moving average price of $22.33.

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