Fossil Group, Inc. (NASDAQ:FOSL) EVP Gregory A. Mckelvey acquired 110,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was bought at an average price of $6.22 per share, with a total value of $684,200.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Gregory A. Mckelvey also recently made the following trade(s):

  • On Tuesday, August 29th, Gregory A. Mckelvey acquired 5,712 shares of Fossil Group stock. The stock was bought at an average price of $8.73 per share, with a total value of $49,865.76.
  • On Friday, August 25th, Gregory A. Mckelvey acquired 5,988 shares of Fossil Group stock. The stock was bought at an average price of $8.35 per share, with a total value of $49,999.80.

Fossil Group, Inc. (NASDAQ:FOSL) traded up $0.15 on Monday, reaching $6.75. The company’s stock had a trading volume of 2,905,624 shares, compared to its average volume of 2,277,020. The firm has a market capitalization of $320.28, a price-to-earnings ratio of 8.05 and a beta of 0.77. Fossil Group, Inc. has a 52 week low of $5.50 and a 52 week high of $36.87. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.09 and a current ratio of 2.32.

Fossil Group (NASDAQ:FOSL) last released its quarterly earnings results on Tuesday, November 7th. The accessories brand company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.28) by $0.32. The company had revenue of $689.00 million for the quarter, compared to analyst estimates of $649.87 million. Fossil Group had a positive return on equity of 4.75% and a negative net margin of 12.33%. The firm’s revenue was down 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 earnings per share. sell-side analysts predict that Fossil Group, Inc. will post -0.17 earnings per share for the current fiscal year.

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Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded Fossil Group from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Thursday, August 3rd. ValuEngine lowered Fossil Group from a “buy” rating to a “hold” rating in a research report on Thursday. Buckingham Research cut their target price on Fossil Group from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 9th. Bank of America Corporation set a $7.00 target price on Fossil Group and gave the stock a “sell” rating in a research report on Wednesday, August 9th. Finally, Wells Fargo & Company reissued an “underperform” rating and set a $7.00 target price (down previously from $8.00) on shares of Fossil Group in a research report on Thursday, August 10th. Five research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $15.43.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FOSL. Acadian Asset Management LLC acquired a new position in Fossil Group during the second quarter worth approximately $113,000. GSA Capital Partners LLP acquired a new position in shares of Fossil Group in the second quarter valued at approximately $120,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Fossil Group in the second quarter valued at approximately $122,000. KBC Group NV increased its holdings in shares of Fossil Group by 167.9% in the third quarter. KBC Group NV now owns 13,441 shares of the accessories brand company’s stock valued at $125,000 after purchasing an additional 8,424 shares during the period. Finally, BlueCrest Capital Management Ltd acquired a new position in shares of Fossil Group in the second quarter valued at approximately $130,000.

Fossil Group Company Profile

Fossil Group, Inc is a design, marketing and distribution company that specializes in consumer fashion accessories. The Company’s segments include Americas, Europe and Asia. Each segment includes sales to wholesale and distributor customers, and sales through the Company-owned retail stores and e-commerce activities based on the location of the selling entity.

Insider Buying and Selling by Quarter for Fossil Group (NASDAQ:FOSL)

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