Dean Capital Management Purchases New Position in Capri Holdings Limited $CPRI

Dean Capital Management purchased a new stake in shares of Capri Holdings Limited (NYSE:CPRI) in the third quarter, Holdings Channel.com reports. The firm purchased 73,690 shares of the company’s stock, valued at approximately $1,468,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CPRI. Cartenna Capital LP purchased a new stake in shares of Capri in the third quarter worth approximately $29,382,000. Bridgefront Capital LLC bought a new stake in Capri during the third quarter worth $542,000. Bank of America Corp DE grew its holdings in Capri by 10.3% during the third quarter. Bank of America Corp DE now owns 765,097 shares of the company’s stock worth $15,241,000 after buying an additional 71,248 shares in the last quarter. Boothbay Fund Management LLC purchased a new stake in Capri in the 3rd quarter valued at $3,931,000. Finally, Algert Global LLC purchased a new stake in Capri in the 3rd quarter valued at $3,568,000. 84.34% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO John D. Idol purchased 55,000 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of $17.98 per share, for a total transaction of $988,900.00. Following the purchase, the chief executive officer directly owned 2,257,645 shares in the company, valued at approximately $40,592,457.10. This trade represents a 2.50% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on CPRI. Jefferies Financial Group assumed coverage on shares of Capri in a report on Wednesday, January 14th. They set a “hold” rating and a $24.00 price objective on the stock. Barclays raised their price target on shares of Capri from $31.00 to $32.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Wells Fargo & Company cut their price target on shares of Capri from $27.00 to $21.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 4th. Zacks Research downgraded shares of Capri from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Finally, TD Cowen reiterated a “buy” rating on shares of Capri in a research note on Wednesday, February 4th. One equities research 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 given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $26.46.

Capri Price Performance

Shares of NYSE:CPRI opened at $18.59 on Monday. The company has a market capitalization of $2.22 billion, a P/E ratio of -4.36, a price-to-earnings-growth ratio of 0.38 and a beta of 1.45. The company’s 50-day moving average is $21.90 and its 200 day moving average is $22.35. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.52 and a current ratio of 1.14. Capri Holdings Limited has a fifty-two week low of $11.86 and a fifty-two week high of $28.26.

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

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.