TAPESTRY Earnings Results: $TPR Reports Quarterly Earnings

TAPESTRY ($TPR) posted quarterly earnings results on Thursday, February 6th. The company reported earnings of $2.00 per share, beating estimates of $1.77 by $0.23. The company also reported revenue of $2,195,400,000, beating estimates of $2,130,430,299 by $64,969,701.

You can see Quiver Quantitative's $TPR stock page to track data on insider trading, hedge fund activity, congressional trading, and more.

TAPESTRY Insider Trading Activity

TAPESTRY insiders have traded $TPR stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.

Here’s a breakdown of recent trading of $TPR stock by insiders over the last 6 months:

• TODD KAHN (CEO and Brand President, Coach) has made 0 purchases and 5 sales selling 71,321 shares for an estimated $4,185,067.
• DAVID E HOWARD (General Counsel & Secretary) has made 0 purchases and 4 sales selling 42,125 shares for an estimated $2,483,196.
• MANESH DADLANI (VP, Controller and PAO) has made 0 purchases and 3 sales selling 8,872 shares for an estimated $514,219.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

TAPESTRY Hedge Fund Activity

We have seen 328 institutional investors add shares of TAPESTRY stock to their portfolio, and 310 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• BLACKROCK, INC. removed 5,197,729 shares (-26.5%) from their portfolio in Q3 2024, for an estimated $244,189,308
• NINETY ONE UK LTD removed 2,552,903 shares (-45.0%) from their portfolio in Q4 2024, for an estimated $166,781,152
• FMR LLC removed 2,401,271 shares (-13.1%) from their portfolio in Q3 2024, for an estimated $112,811,711
• CAPITAL RESEARCH GLOBAL INVESTORS removed 2,400,665 shares (-33.3%) from their portfolio in Q3 2024, for an estimated $112,783,241
• ARGA INVESTMENT MANAGEMENT, LP removed 2,131,731 shares (-99.4%) from their portfolio in Q4 2024, for an estimated $139,265,986
• AQR CAPITAL MANAGEMENT LLC added 1,889,201 shares (+126.2%) to their portfolio in Q3 2024, for an estimated $88,754,662
• PACER ADVISORS, INC. removed 1,548,651 shares (-25.5%) from their portfolio in Q4 2024, for an estimated $101,173,369

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

TAPESTRY Government Contracts

We have seen $15,361,694 of award payments to $TPR over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

• WEAPONS PLANNING SOFTWARE: $3,763,000
• WEAPONS PLANNING SOFTWARE: $2,940,532
• GLOBAL DISTRIBUTION MANAGEMENT SYSTEM: $2,850,086
• GDSS AWARD: $2,788,427
• WEAPONS PLANNING SOFTWARE WPS: $1,049,346

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.