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Director Alan Ka Ming Lau of Tapestry, Inc. (NYSE:TPR) sold 11,320 shares of common stock on September 11, 2025, at prices ranging from $106.12 to $106.23, totaling $1,202,119. The transaction comes as Tapestry’s stock has shown remarkable strength, with a 65.65% gain year-to-date and a market capitalization of $22.26 billion.
On the same day, Lau also exercised options to acquire 16,313 shares of Tapestry common stock. These transactions involved exercising options for 10,302 shares at $27.33 each and 6,011 shares at $41.29 each, for a combined total value of $529,747. According to InvestingPro, Tapestry has demonstrated strong momentum, with multiple analysts revising earnings upward for the upcoming period.
Additionally, Lau disposed of 5,993 shares to cover the cost of exercising the options, with those shares being valued between $106.12 and $106.23, totaling $530,148. InvestingPro analysis indicates that Tapestry is currently trading near its Fair Value, with 16 additional exclusive insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, Tapestry, Inc. has announced a $3 billion share buyback program and set new financial targets through fiscal year 2028. The company plans to return $4 billion to shareholders by 2028 through share repurchases and dividends, supported by strong free cash flow generation. Tapestry forecasts low double-digit earnings growth for fiscal years 2027 and 2028, maintaining an annual dividend of $1.60 per share in 2026 with a targeted payout ratio of approximately 30% through fiscal 2028.
Jefferies has raised its price target on Tapestry to $125, maintaining a Buy rating, citing a positive outlook on the company’s growth potential through innovation and market refocus. TD Cowen also reiterated a Buy rating with a $125 price target, highlighting Tapestry’s strong value proposition compared to traditional European luxury brands. UBS maintained a Neutral rating and a $105 price target, noting a significant shift in the Coach brand’s presentation style. These developments reflect the company’s strategic initiatives and analysts’ perspectives on its future performance.
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