Kevin Hourican, an insider at Tapestry Inc (TPR), recently acquired 7,347 shares of the company at a price of $100.76 per share, amounting to a total transaction value of $740,000. Following this purchase, Hourican holds a total of 7,347 shares in Tapestry.
This transaction highlights the ongoing activity within Tapestry, a company that specializes in luxury accessories and lifestyle brands, including Coach and kate spade new york. As of November 7, 2025, Tapestry boasts a market capitalization of $21.1 billion and has a P/E ratio of 115.32, with an EPS of 0.64. The company is set to report its upcoming earnings on August 11, 2026, with an estimated EPS of $1.06 and revenue projections of $1.8 billion.
Insider buying can often be interpreted as a sign of confidence in a company's future prospects, as executives typically have access to non-public information regarding their firms. However, it's important to consider that insider transactions may reflect personal or regulatory reasons beyond mere investment confidence. Investors are encouraged to analyze broader patterns of insider trading rather than focusing solely on individual transactions, as this can provide a more comprehensive view of insider sentiment.
Transparency in insider transactions is mandated by the SEC, and such disclosures serve to inform investors about the actions of company executives and board members. While Hourican's purchase adds a data point for investors, it should be evaluated alongside other fundamental and technical factors in the market.