Why Tapestry (TPR) Stock Is Down Today

Tapestry (TPR) is down 3.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely explanation is pre-earnings repositioning rather than a clearly defined negative company event. Tapestry is scheduled to report fiscal 2026 fourth-quarter and full-year results on August 13, 2026, so investors may be trimming positions after a strong run and ahead of what could be a volatile report. No obvious same-day negative filing or major operating update appears to explain the drop on its own.

Details:

Tapestry has said it plans to release fiscal 2026 fourth-quarter and year-end results on Thursday, August 13, 2026, with a conference call that morning.

In its last reported quarter, Tapestry delivered double-digit growth and raised full-year guidance, including revenue near $7.95 billion and earnings per share around $6.95.

The prior quarter was driven by strong momentum at Coach, which helped lift investor expectations going into the next report.

Recent company updates included an AI-focused event and a Kate Spade creative leadership appointment, but neither looks like an obvious negative catalyst for a sharp one-day sell-off.

Sources:

Tapestry, SEC, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TPR Insider Trading Activity

$TPR insiders have traded $TPR stock on the open market 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 have been sales.

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

JOANNE C. CREVOISERAT (Chief Executive Officer) has made 0 purchases and 5 sales selling 76,571 shares for an estimated $11,248,037.
SCOTT A. ROE (CFO and COO) has made 0 purchases and 3 sales selling 44,290 shares for an estimated $6,759,567.
TODD KAHN (CEO and Brand President, Coach) sold 19,557 shares for an estimated $2,738,371
THOMAS GRECO has made 0 purchases and 3 sales selling 14,245 shares for an estimated $2,199,997.
DENISE KULIKOWSKY (Chief People Officer) has made 0 purchases and 2 sales selling 9,166 shares for an estimated $1,426,412.
ANNE GATES sold 6,498 shares for an estimated $999,327
MANESH DADLANI (VP, Controller and PAO) has made 0 purchases and 3 sales selling 3,122 shares for an estimated $481,640.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$TPR Hedge Fund Activity

We have seen 551 institutional investors add shares of $TPR stock to their portfolio, and 496 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BOSTON PARTNERS added 3,551,183 shares (+inf%) to their portfolio in Q2 2026, for an estimated $519,822,167
SCHRODER INVESTMENT MANAGEMENT GROUP removed 2,277,725 shares (-24.4%) from their portfolio in Q1 2026, for an estimated $321,409,774
GEODE CAPITAL MANAGEMENT, LLC added 2,183,576 shares (+36.9%) to their portfolio in Q1 2026, for an estimated $308,124,409
DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN removed 2,071,957 shares (-99.3%) from their portfolio in Q1 2026, for an estimated $292,373,852
MARSHALL WACE, LLP added 1,568,955 shares (+2301.5%) to their portfolio in Q1 2026, for an estimated $221,395,240
SQUAREPOINT OPS LLC removed 1,553,226 shares (-97.7%) from their portfolio in Q1 2026, for an estimated $219,175,720
WORLDQUANT MILLENNIUM ADVISORS LLC removed 932,340 shares (-99.2%) from their portfolio in Q1 2026, for an estimated $131,562,497

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TPR Government Contracts

We have seen $17,061,557 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:

EXECUTIVE AIRLIFT FLIGHT DISPATCH SERVICE: $9,151,932
WPS CAF FY25: $2,603,000
F-15E/EX LRASM C-1 AND C-3 INTEGRATION: $834,900
LARASM C3 1X MAINTENANCE: $235,607
GLOBAL DISTRIBUTION MANAGEMENT SYSTEM: $140,000

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$TPR Congressional Stock Trading

Members of Congress have traded $TPR stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

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

REPRESENTATIVE MATTHEW VAN EPPS sold up to $50,000 on 06/16.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
REPRESENTATIVE TERRI A. SEWELL sold up to $50,000 on 03/25.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$TPR Analyst Ratings

Wall Street analysts have issued reports on $TPR in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 06/10/2026

To track analyst ratings and price targets for $TPR, check out Quiver Quantitative's $TPR forecast page.

$TPR Price Targets

Multiple analysts have issued price targets for $TPR recently. We have seen 7 analysts offer price targets for $TPR in the last 6 months, with a median target of $175.0.

Here are some recent targets:

Alex Straton from Morgan Stanley set a target price of $164.0 on 07/06/2026
Jay Sole from UBS set a target price of $230.0 on 06/23/2026
Matthew Boss from JP Morgan set a target price of $205.0 on 06/12/2026
Robert Drbul from BTIG set a target price of $180.0 on 06/10/2026
Michael Binetti from Evercore ISI Group set a target price of $175.0 on 05/08/2026
Mark Altschwager from Baird set a target price of $165.0 on 04/29/2026
Paul Lejuez from Citigroup set a target price of $170.0 on 04/29/2026

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.