CPRI Capri Holdings Ltd

Capricorn Fund Managers Ltd significantly reduced its stake in Capri Holdings Limited by 80.8% in Q3, now holding 50,000 shares valued at approximately $996,000. This comes as Capri's CFO also sold off a large portion of his holdings, reducing insider ownership. Despite missing Q3 EPS estimates, analysts maintain a "Hold" rating with an average target price of $27.23 for CPRI.

Vontobel Holding Ltd. significantly increased its stake in Capri Holdings Limited (NYSE:CPRI) by 105.6% in Q3 2025, now owning 127,029 shares valued at $2.53 million. Other institutional investors also added to their positions, bringing institutional ownership to 84.34%. Despite mixed analyst ratings and an average price target of $27.23, Capri's stock opened at $24.97 and exhibited a market cap of $2.97 billion.

BofA Securities has reinstated coverage of Capri Holdings (CPRI) with a Neutral rating and an $85 price objective, following the company's Q3 earnings report. While the luxury retailer reported strong results, BofA remains cautious on the broader retail sector, which it views as "downbeat" as consumers shift spending due to inflation. Capri's Q3 performance was strong, but BofA believes a Neutral rating is appropriate due to current sector headwinds despite the company's underlying strength.

Capri Holdings' Interim CFO, Rajal Mehta, recently sold US$260k worth of shares, representing 93% of their position. This significant insider sale, particularly when no insider purchases have occurred in the last year, raises caution for potential investors despite a strong insider ownership of 2.6% of the company.

Capri Holdings is prioritizing the revitalization of its Michael Kors and Jimmy Choo brands following the sale of Versace. Michael Kors, despite being Capri's primary operating profit driver, struggles with brand strength due to intense competition and declining sales, prompting efforts to limit discounting and distribution. The company aims to improve pricing power and distribution control for its core brands in a challenging market.

Capri Holdings Limited, through its "Capri Cares" initiative, focuses on making a positive impact on the planet and its people. The company's mission is to inspire confidence and joy in its employees, customers, and communities, driving its luxury brands to focus on product, people, and the planet. Capri's impact strategy centers on three interconnected pillars: Climate, Nature, and Community.