Large-Cap Stocks Insider Dumping
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large market capsInsider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
•Business
Business & Economics
Tapestry, Inc. (TPR): Among the Large-Cap Stocks Insiders and Short Sellers Are Dumping Like Crazy
76% Informative
Tapestry, Inc. ( NYSE : TPR ) is a global house of fashion brands, including Coach Spade , Kate Spade and Stuart Weitzman .
The market is on track to log its worst performance in the first 100 days of a presidency since Richard Nixon ’s second term as U.S. President.
Tapestry, Inc. ( NYSE : TPR ) has terminated the merger agreement with Capri Holdings Limited and has accumulated a debt of $120 million .
The termination of the merger and the subsequent debt expenses create uncertainty among investors.
The cash flow from operating activities has also declined from $902 million to $626 million , thus raising a red flag for insiders.
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