Yahoo Finance

Tapestry is a leading designer and marketer of handbags, accessories and gifts. It was established in 1941 as Coach and changed its name to Coach Inc. after its first IPO in June 2000. The company rebranded as Tapestry following the acquisitions of Stuart Weitzman (2015) and Kate Spade (2017). The company's three brands continue to operate independently. The company has 12,100 employees. The shares are a component of the S&P 500.

Chipotle Mexican Grill opened its first restaurant in 1993, became a subsidiary of McDonald's in 1998, and was spun off in a public offering in 2006. The company operates more than 3,400 restaurants. CMG restaurants offer quick service, but maintain traditional cooking methods and utilize high-quality ingredients. The company has a tightly focused menu, but store design and decor vary by location. The company has been expanding rapidly in recent years as interest in Southwestern food has spread throughout the U.S. With a market capitalization of $92.2 billion, the shares are generally regarded as large-cap growth.

Insiders remain on the fence. All of the one-week sell/buy ratios from Vickers Stock Research improved this week (but are not stellar), while all the eight-week ratios are best described as flat. From a longer-term view, the six-month-based Insider Index from Vickers appears to have leveled off after months of deterioration -- and indeed improved slightly from last week. Still, the reading remains far from bullish territory and no return to bullish is imminent as the index is at its most-bearish level since September 2021. End of day, there is no compelling movement in insider sentiment this week. Meanwhile, according to Argus' Mark Arbeter, CMT, 'market breadth is certainly not optimal for a bull market, and eventually one of two things likely will happen. The rest (or part) of the market will wake up and start to participate, adding to the semiconductors strength, or the semis will run into trouble and take an already weak market structure lower. Dominance by the heavily weighted market caps is not a bad thing -- as long as it persists.' On a sector basis, selling by insiders last week was greatest in Information Technology, with shares valued at $1.11 billion sold, followed by Consumer Staples ($338 million sold) and Financials ($185 million sold). Buying outpaced selling in Energy, with $107 million of shares bought versus $45 million sold, as well as in Real Estate and Materials. This week, analysts at Vickers highlighted insider transactions of interest at Occidental Petroleum Corp. (NYSE: OXY) and Dell Technologies Inc. (NYSE: DELL).

DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in 27 states and iGaming in seven states, with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.