Oliver Luxxe Assets LLC Makes New $2.31 Million Investment in Capri Holdings Limited $CPRI

Oliver Luxxe Assets LLC bought a new position in Capri Holdings Limited (NYSE:CPRI) during the 4th quarter, HoldingsChannel reports. The fund bought 94,682 shares of the company’s stock, valued at approximately $2,310,000.

A number of other institutional investors have also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd bought a new stake in shares of Capri during the third quarter valued at approximately $39,000. Quantbot Technologies LP bought a new position in Capri in the 2nd quarter valued at approximately $39,000. Hantz Financial Services Inc. boosted its stake 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 purchasing an additional 1,691 shares during the last quarter. Root Financial Partners LLC purchased a new stake in Capri during the 3rd quarter valued at $60,000. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Capri by 17.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 4,349 shares of the company’s stock worth $87,000 after purchasing an additional 632 shares in the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Insider Buying and Selling at Capri

In other Capri news, CEO John D. Idol acquired 55,000 shares of the 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 purchase, the chief executive officer directly owned 2,257,645 shares of the company’s stock, valued at approximately $40,592,457.10. This trade represents a 2.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 2.30% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on CPRI shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Capri in a report on Wednesday, January 21st. UBS Group reiterated a “neutral” rating and issued a $22.00 price objective on shares of Capri in a report on Wednesday, February 4th. Guggenheim raised Capri to a “strong-buy” rating in a research report on Wednesday, December 10th. Wells Fargo & Company lowered their target price on shares of Capri from $27.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 4th. Finally, TD Cowen reiterated a “buy” rating on shares of Capri in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Capri currently has a consensus rating of “Hold” and an average price target of $26.46.

Capri Stock Performance

Shares of CPRI opened at $18.05 on Friday. The firm has a market capitalization of $2.15 billion, a P/E ratio of -4.24, a PEG ratio of 0.37 and a beta of 1.45. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.14 and a quick ratio of 0.52. Capri Holdings Limited has a one year low of $11.86 and a one year high of $28.26. The business has a fifty day moving average of $21.17 and a 200 day moving average of $22.25.

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

Capri 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.