Victory Capital Trims Stake in Tapestry, Inc.

NodeGuardian

2026-03-17 00:05:05

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Victory Capital Management Inc. has significantly reduced its stake in Tapestry, Inc. by 85.4% in the third quarter of 2026, selling 717,303 shares. The firm now holds approximately 122,978 shares, valued at $13.9 million, representing 0.06% of the luxury accessories retailer’s outstanding stock. This transaction signals a shift in the investment landscape and offers insights into market sentiment regarding Tapestry’s performance and outlook.

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