300,100 Shares in Tapestry, Inc. $TPR Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

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300,100 Shares in Tapestry, Inc. $TPR Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al
Virginia Retirement Systems acquired 300,100 shares of Tapestry, Inc. (NYSE:TPR) valued at approximately $43.9 million, giving it a 0.15% stake, while institutional investors now own 90.77% of the company. Tapestry reported strong quarterly earnings, beating expectations with $1.32 EPS and $1.88 billion in revenue, and increased its quarterly dividend to $0.4625 per share. Analysts maintain a "Moderate Buy" rating with an average price target of $175.12, despite CEO Joanne Crevoiserat selling a
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