In the past year, insiders have sold $1.1 million worth of Capri Holdings Limited (NYSE: CPRI) at an average price of $60.58 per share, giving them the most for their money. The company’s market value fell by US$267 million over the past week after the stock price fell 3.5%, although insiders were able to play down their losses.
While insider trading isn’t the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider trading altogether.
Check out our latest analysis for Capri Holdings
Capri Holdings insider trading over the past year
Over the past year, we can see that the largest insider sale was by Executive Vice President Thomas Edwards for US$809,000 worth of stock, at around US$67.56 per share. Although insider selling is negative, for us it is even more negative if the stock is sold at a lower price. The good news is that this big sell was well above the current price of US$57.01. So this may not tell us anything about what insiders think of the current stock price.
Capri Holdings insiders did not buy any shares last year. The chart below shows insider trading (by companies and individuals) over the past year. If you click on the chart, you can see all individual trades including stock price, individual and date!
If you’re like me, then you not want to miss this free list of growing companies insiders are buying.
Does Capri Holdings boast of high insider ownership?
Many investors like to check how much a company is owned by insiders. Usually, the higher the insider ownership, the more likely insiders will be incentivized to build the company for the long term. Capri Holdings insiders own 2.5% of the company, which is currently worth around US$184 million based on recent share price. This type of significant insider ownership generally increases the chances that the company will be run in the best interests of all shareholders.
So what does this data suggest about Capri Holdings insiders?
There have been no insider trades in the last three months – that’s not saying much. While we’re pleased with Capri Holdings’ high insider ownership, we can’t say the same about the stock sale. So these insider trades can help us build a thesis on the stock, but it’s also helpful to know the risks this company faces. To help you, we found 1 warning sign that you should take a look to get a better picture of Capri Holdings.
Sure, you might find a fantastic investment by looking elsewhere. So take a look at this free list of interesting companies.
For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.
What are the risks and opportunities for Capri Holdings?
Trades 39.1% below our estimate of its fair value
Revenues are expected to increase by 3.7% per year
Revenue increased by 95.1% over the past year
See all risks and rewards
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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.
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