Capri Holdings Ltd (NYSE:CPRI) SVP Cathy Marie Robinson sold 3,648 shares of Capri stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $47.00, for a total transaction of $171,456.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

CPRI stock traded down $0.52 during mid-day trading on Monday, hitting $45.51. The company had a trading volume of 2,577,964 shares, compared to its average volume of 2,812,645. The firm has a market cap of $6.94 billion, a price-to-earnings ratio of 10.07, a P/E/G ratio of 1.41 and a beta of 0.60. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.93 and a current ratio of 2.48. Capri Holdings Ltd has a 12 month low of $35.68 and a 12 month high of $75.96.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Wednesday, February 6th. The company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.57 by $0.19. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.46 billion. Capri had a net margin of 11.19% and a return on equity of 35.44%. The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.77 earnings per share. Analysts forecast that Capri Holdings Ltd will post 4.95 earnings per share for the current year.

A number of research analysts have recently issued reports on the stock. ValuEngine upgraded shares of Capri from a “strong sell” rating to a “sell” rating in a report on Friday. Zacks Investment Research cut shares of Capri from a “hold” rating to a “strong sell” rating in a report on Thursday. Guggenheim reiterated a “hold” rating on shares of Capri in a report on Wednesday, February 6th. Canaccord Genuity set a $76.00 price target on shares of Capri and gave the company a “buy” rating in a research report on Saturday, February 2nd. Finally, Needham & Company LLC dropped their price target on shares of Capri from $67.00 to $61.00 and set a “buy” rating on the stock in a research report on Friday, February 1st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $58.75.

Several institutional investors and hedge funds have recently bought and sold shares of CPRI. DNB Asset Management AS purchased a new position in shares of Capri in the fourth quarter worth about $618,000. QUANTRES ASSET MANAGEMENT Ltd purchased a new position in shares of Capri in the fourth quarter worth about $425,000. Nisa Investment Advisors LLC purchased a new position in shares of Capri in the fourth quarter worth about $3,845,000. Financial Gravity Companies Inc. purchased a new position in shares of Capri in the fourth quarter worth about $144,000. Finally, Campbell & CO Investment Adviser LLC purchased a new position in shares of Capri in the fourth quarter worth about $386,000. Hedge funds and other institutional investors own 89.13% of the company’s stock.

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Capri Company Profile

Capri Holdings Limited design, markets, distributes, and retails branded women's and men's apparel and accessories. It operates in four segments: MK Retail, MK Wholesale, MK Licensing, and Jimmy Choo. The MK Retail segment sells women's apparel; handbags and small leather goods; men's apparel; footwear; and licensed products comprising watches, jewelry, fragrances, and beauty and eyewear.

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