Capri Holdings Limited (NYSE:CPRI) Short Interest Up 20.5% in January

Capri Holdings Limited (NYSE:CPRI) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 8,626,291 shares, an increase of 20.5% from the December 31st total of 7,157,645 shares. Currently, 7.4% of the company’s stock are short sold. Based on an average daily volume of 2,243,039 shares, the days-to-cover ratio is presently 3.8 days. Based on an average daily volume of 2,243,039 shares, the days-to-cover ratio is presently 3.8 days. Currently, 7.4% of the company’s stock are short sold.

Insider Activity

In other Capri news, CFO Rajal Mehta sold 10,000 shares of Capri stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total value of $259,600.00. Following the completion of the sale, the chief financial officer owned 741 shares of the company’s stock, valued at approximately $19,236.36. This trade represents a 93.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Capri

Hedge funds have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Capri during the 2nd quarter valued at about $55,906,000. Cartenna Capital LP bought a new stake in Capri during the third quarter worth approximately $29,382,000. Geode Capital Management LLC increased its stake in Capri by 42.2% during the second quarter. Geode Capital Management LLC now owns 2,882,813 shares of the company’s stock worth $51,032,000 after acquiring an additional 855,330 shares during the last quarter. State Street Corp raised its position in Capri by 19.3% during the second quarter. State Street Corp now owns 4,479,231 shares of the company’s stock valued at $79,282,000 after purchasing an additional 724,967 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in shares of Capri by 214.1% in the 2nd quarter. Fisher Asset Management LLC now owns 978,770 shares of the company’s stock valued at $17,324,000 after purchasing an additional 667,116 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on CPRI shares. The Goldman Sachs Group reduced their price target on shares of Capri from $27.00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday. Citigroup raised shares of Capri from a “buy” rating to a “mixed” rating in a report on Tuesday, January 20th. UBS Group reaffirmed a “neutral” rating and issued a $22.00 target price on shares of Capri in a report on Wednesday. TD Cowen reissued a “buy” rating on shares of Capri in a report on Wednesday. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $24.00 price objective on shares of Capri in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $26.21.

Key Headlines Impacting Capri

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Q3 results: Adjusted EPS of $0.81 topped Street estimates and reported revenue of roughly $1.025B was slightly above expectations; management highlighted Jimmy Choo strength and the Versace sale helped drive a profit swing and cash proceeds that improve the balance sheet. Business Wire: Q3 Results
• Positive Sentiment: Management lifted its annual revenue forecast and provided FY26 EPS guidance of $1.30–$1.40, showing confidence in demand recovery driven by Michael Kors and Jimmy Choo. That guidance helped underpin the rally. Reuters: Revenue Forecast Raised
• Positive Sentiment: Analyst action: Robert W. Baird upgraded CPRI to “outperform” and set a $26 price target, adding bullish analyst sentiment and a fresh explicit upside case for investors. Finviz: Baird Upgrade
• Neutral Sentiment: Investor materials: The company’s earnings slide deck and call transcript are available (useful for digging into brand-level trends, channel mix and buyback/capex commentary). Review the presentation and call transcript for detail before adjusting positions. Seeking Alpha: Q3 Presentation
• Negative Sentiment: Top-line and margin pressure: Revenue fell ~4% year-over-year and the company reported operating margin pressure — some investors reacted to the decline in organic sales and margin mix despite the EPS beat. That concern produced intraday volatility and selling in some outlets. Proactive Investors: Revenue Decline & Margin Pressure
• Negative Sentiment: Mixed fundamentals: while adjusted metrics improved due to one-time items (Versace sale), core revenue trends remain soft in the quarter and investors will watch whether brand momentum (especially Jimmy Choo) can sustainably offset declines elsewhere. Zacks: Jimmy Choo Growth & Versace Sale

Capri Trading Up 3.1%

CPRI traded up $0.63 on Wednesday, hitting $20.71. 8,271,502 shares of the company’s stock traded hands, compared to its average volume of 3,349,685. The company’s 50 day simple moving average is $25.09 and its 200-day simple moving average is $22.38. Capri has a one year low of $11.86 and a one year high of $28.26. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of -2.11, a P/E/G ratio of 0.45 and a beta of 1.45.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.03. Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $999.84 million. During the same period last year, the firm posted $0.63 EPS. The company’s revenue was down 4.0% on a year-over-year basis. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. As a group, equities analysts anticipate that Capri 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.