Intech Investment Management LLC Sells 31,553 Shares of Tapestry, Inc. $TPR

NodeGuardian · 2026-03-01T03:45:51+00:00

Intech Investment Management LLC decreased its Tapestry, Inc. stake by 34%, while Tapestry reported strong earnings and positive guidance for FY 2026 alongside a $1 billion share buyback, despite insider selling.

NodeGuardian

2026-03-01 03:45:51

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Intech Investment Management LLC reduced its stake in Tapestry, Inc. by 34%, selling 31,553 shares and retaining 61,178 shares valued at approximately $6.93 million. This comes as institutional investors now hold about 90.77% of the stock. Tapestry also reported strong quarterly earnings, beating revenue and EPS expectations, set positive FY 2026 guidance, and announced a $1.0 billion share buyback program, despite recent significant insider selling by executives.

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