Fossil Group, Inc. (NASDAQ:FOSL) insider Gregory A. Mckelvey purchased 5,712 shares of the firm’s stock in a transaction on Tuesday, August 29th. The stock was bought at an average price of $8.73 per share, with a total value of $49,865.76. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Friday, August 25th, Gregory A. Mckelvey purchased 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.
  • On Friday, August 11th, Gregory A. Mckelvey purchased 32,798 shares of Fossil Group stock. The stock was bought at an average price of $8.51 per share, with a total value of $279,110.98.

Shares of Fossil Group, Inc. (NASDAQ FOSL) traded down 3.04% on Thursday, hitting $8.29. The stock had a trading volume of 2,087,167 shares. The firm has a 50 day moving average price of $9.74 and a 200-day moving average price of $13.86. Fossil Group, Inc. has a 52 week low of $6.80 and a 52 week high of $36.87. The company’s market cap is $402.24 million.

Fossil Group (NASDAQ:FOSL) last released its earnings results on Tuesday, August 8th. The accessories brand company reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.05. The company had revenue of $596.80 million during the quarter, compared to the consensus estimate of $617.89 million. Fossil Group had a positive return on equity of 6.34% and a negative net margin of 11.33%. The firm’s quarterly revenue was down 12.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.12 earnings per share. Analysts anticipate that Fossil Group, Inc. will post $0.47 EPS for the current year.

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A number of equities analysts have weighed in on FOSL shares. ValuEngine upgraded Fossil Group from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Zacks Investment Research upgraded Fossil Group from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Thursday, August 3rd. TheStreet cut Fossil Group from a “c-” rating to a “d+” rating in a research note on Thursday, May 11th. Piper Jaffray Companies reiterated a “hold” rating and set a $15.00 target price on shares of Fossil Group in a research note on Friday, July 14th. Finally, Nomura reiterated a “hold” rating and set a $13.00 target price on shares of Fossil Group in a research note on Friday, May 12th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company. Fossil Group has an average rating of “Hold” and a consensus price target of $16.23.

A number of large investors have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC increased its stake in Fossil Group by 21.2% in the first quarter. Nisa Investment Advisors LLC now owns 14,300 shares of the accessories brand company’s stock worth $250,000 after buying an additional 2,500 shares in the last quarter. FDO Partners LLC bought a new stake in Fossil Group during the first quarter worth approximately $3,379,000. State Board of Administration of Florida Retirement System increased its stake in Fossil Group by 10.2% in the first quarter. State Board of Administration of Florida Retirement System now owns 28,132 shares of the accessories brand company’s stock worth $491,000 after buying an additional 2,615 shares in the last quarter. HighTower Advisors LLC bought a new stake in Fossil Group during the first quarter worth approximately $1,212,000. Finally, Prudential Financial Inc. increased its stake in Fossil Group by 171.2% in the first quarter. Prudential Financial Inc. now owns 380,416 shares of the accessories brand company’s stock worth $6,638,000 after buying an additional 240,130 shares in the last quarter. Institutional investors and hedge funds own 97.21% of the company’s stock.

About Fossil Group

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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