Billionaire Izzy Englander is Selling These 5 Stocks

3. Capri Holdings Limited (NYSE:CPRI)

Number of Hedge Fund Holders: 46

As per Insider Monkey’s Q3 data, the number of hedge funds tracked by Insider Monkey having stakes in Capri Holdings Limited (NYSE:CPRI) increased to 46 in the quarter, from 44 in the previous quarter. These stakes are valued at over $833.4 million.

In Q3, Millennium Management sold its entire stake worth $11.4 million in Capri Holdings Limited (NYSE:CPRI). The company reported EBIT margins above pre-pandemic levels for the past three consecutive quarters. Acknowledging the company’s recent performance, recently, Goldman Sachs upgraded Capri Holdings Limited (NYSE:CPRI) to Buy, with an $86 price target.