Tapestry's $460M High-Volume Day Ends in 0.36% Drop as 266th Ranked Stock Faces Divergent Analyst and Institutional Views

On August 5, 2025, Tapestry (TPR) traded with a volume of $460 million, ranking 266th in market activity. The stock closed down 0.36%, reflecting mixed investor sentiment amid corporate updates and analyst activity.

Tapestry finalized the sale of its Stuart Weitzman footwear brand to Caleres, a transaction previously announced as a strategic move to streamline operations. The deal, confirmed by multiple wire services, has drawn attention for its implications on brand portfolio optimization and revenue diversification. However, the stock’s muted performance suggests investors remain cautious about near-term valuation metrics.

Analyst activity has intensified ahead of Tapestry’s upcoming earnings call. Bank of America downgraded the stock to "Neutral," citing valuation concerns after a 66% year-to-date rally, while Raymond James raised its price target to $115, reflecting confidence in Coach’s growth trajectory. Institutional activity also varied, with Meeder Asset Management increasing its stake and Valley Wealth Managers offloading 132,028 shares. These actions highlight divergent views on the company’s ability to sustain momentum amid broader market volatility.

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