John Idol Sells Over 52,000 Shares of CPRI
CPRI's CEO John Idol sold 52,182 shares on June 17, 2026.
Key Points
- John Idol, the Chairman and CEO of CPRI, sold 52,182 shares on June 17, 2026.
- CPRI shares traded at $20.76 with notable institutional activity from BlackRock and Vanguard.
- Analysts from UBS and Telsey Advisory Group maintained hold ratings with price targets around $20-$21.
John Idol, the Chairman and CEO of CPRI, sold a significant portion of his holdings, unloading 52,182 shares on June 17, 2026. The transaction did not occur under a pre-planned 10b5-1 trading plan. CPRI shares were trading at $20.76 at the time.
Insider Buying and Selling at CPRI
In addition to John Idol's sale, other CPRI insiders were active on June 17, 2026. Jenna Hendricks, Chief People Officer, both sold and bought 9,766 shares. Krista McDonough, Chief Legal & Sustainability Officer, also sold 9,766 shares. These trades suggest a busy day for insider transactions.
Other Institutional Activity in CPRI
Institutional investors have also been adjusting their positions in CPRI. BlackRock, Inc. increased its holdings by 244,773 shares, bringing its total to 14,265,870 shares valued at approximately $251.4 million. Meanwhile, FMR LLC reduced its stake by 3,571,981 shares, resulting in 10,768,256 shares worth about $189.7 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both entered with new positions, acquiring 5,698,764 and 5,160,197 shares, respectively. DME Capital Management, LP added 162,311 shares, ending with 4,930,318 shares valued at $86.9 million.
Analysts Set New Price Targets
Analysts have been setting their sights on CPRI's future. On May 28, 2026, UBS maintained a hold rating with a $20 price target, while Telsey Advisory Group also held steady with a $21 target. JP Morgan and BTIG reiterated their buy ratings, setting targets at $29 and $30, respectively. The consensus among analysts is a hold recommendation, with an average target price reflecting cautious optimism.
Bottom Line
John Idol's recent sale of over 52,000 shares highlights ongoing insider activity at CPRI. With institutional investors like BlackRock and Vanguard adjusting their positions, the stock remains under close watch. Analyst ratings suggest a mixed outlook, with several firms maintaining hold ratings while others see potential upside. As always, it's important to remember that these insights are based on past data and may not reflect current positions.
See Also
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