Tapestry Inc’s recently made public that its CEO and Brand President, Coach Kahn Todd unloaded Company’s shares for reported $1.8 million on Feb 26 ’25. In the deal valued at $85.41 per share,21,107 shares were sold. As a result of this transaction, Kahn Todd now holds 155,878 shares worth roughly $12.16 million.
Then, Kahn Todd sold 21,107 shares, generating $1,772,988 in total proceeds. Upon selling the shares at $84.00, the CEO and Brand President, Coach now owns 176,985 shares.
Before that, Leonard Todd Kahn bought 24,050 shares. Tapestry Inc shares valued at $2,020,922 were divested by the Officer at a price of $84.03 per share.
Morgan Stanley upgraded its Tapestry Inc [TPR] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Barclays revised its rating on January 08, 2025. It rated TPR as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of TPR
On Friday, Tapestry Inc [NYSE:TPR] saw its stock jump 0.61% to $78.01. Over the last five days, the stock has gained 7.22%. Tapestry Inc shares have risen nearly 19.41% since the year began. Nevertheless, the stocks have risen 100.08% over the past one year. While a 52-week high of $90.85 was reached on 02/18/25, a 52-week low of $35.23 was recorded on 04/09/25. SMA at 50 days reached $70.97, while 200 days put it at $59.57.
Levels Of Support And Resistance For TPR Stock
The 24-hour chart illustrates a support level at 77.20, which if violated will result in even more drops to 76.40. On the upside, there is a resistance level at 78.92. A further resistance level may holdings at 79.84. The Relative Strength Index (RSI) on the 14-day chart is 70.87, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.89%. Stochastics %K at 86.41% indicates the stock is a selling.
