Wcm Investment Management Adds $28M in Tapestry, Inc. ($TPR)
Key Points
- Wcm Investment Management changed its Tapestry, Inc. ($TPR) stake by 20.4% last quarter, boosting to 1,130,317 shares worth $166.63 million.
- Wall Street's consensus rating on $TPR is Buy and an average price target of $164.47.
- $TPR last traded around $147.42.
Wcm Investment Management increased its position in Tapestry, Inc. ($TPR) by 20.4% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,130,317 shares of Tapestry, Inc. after buying 191,174 shares during the quarter. Wcm Investment Management's holdings in Tapestry, Inc. were worth $166.63 million as of its most recent filing.
Tapestry, Inc. ($TPR) Stock
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About Tapestry, Inc.
Tapestry, Inc. provides accessories and lifestyle brand products in North America, Greater China, rest of Asia, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags, fashion designs, business cases, computer bags, messenger style bags, backpacks, travel bags, and totes; and accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories, including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, technology accessories, gifting, straps, and charms. The company also provides women's and men's footwear, which casual and dress shoes, boots, sneakers, and sandals; and other products which includes outerwear, ready-to-wear, jewelry, watches, eyewear, fragrance, scarves, hats, gloves, and other products. It offers its products through retail and outlet stores, brand e-commerce sites, and concession shop-in-shops under the Coach, Kate Spade, and Stuart Weitzman brand names. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York.
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