24 Institutional Investors Exited Positions In Fossil Group, Inc. (FOSL)

Fossil Group, Inc. (NASDAQ:FOSL) reached 147.21% versus a 1-year low price of $7.16. The stock was last seen 3.09% higher, reaching at $17.7 on 01/11/2019. At recent session, the prices were hovering between $17 and $17.98. This company shares are 14.12% off its target price of $20.2 and the current market capitalization stands at $849.25M. The recent change has given its price a -4.9% deficit over SMA 50 and -44.98% deficit over its 52-week high. The stock witnessed 4.55% gains, -10.79% declines and -30.91% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found FOSL’s volatility during a week at 7.48% and during a month it has been found around 8.18%.

Fossil Group, Inc. (FOSL) Top Holders

Institutional investors currently hold around $905 million or 0% in FOSL stock. Look at its top three institutional owners. Fmr Llc owns $130.58 million in Fossil Group, Inc., which represents roughly 15.38% of the company’s market cap and approximately 14.43% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 6,571,635 shares of the stock are valued at $116.32 million. The third largest holder is Vanguard Group Inc, which currently holds $98.11 million worth of this stock and that ownership represents nearly 11.55% of its market capitalization.

Fossil Group, Inc. 13F Filings

At the end of September reporting period, 101 institutional holders increased their position in Fossil Group, Inc. (NASDAQ:FOSL) by some 9,625,252 shares, 67 decreased positions by 2,360,061 and 23 held positions by 39,149,707. That puts total institutional holdings at 51,135,020 shares, according to SEC filings. The stock grabbed 28 new institutional investments totaling 2,600,545 shares while 24 institutional investors sold out their entire positions totaling 459,285 shares.

Fossil Group, Inc. (NASDAQ:FOSL) Insider Trades

Multiple company employees have indulged in significant insider trading. Fossil Group, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Executive V.P. and COO White John A. has sold 18,800 shares of Fossil Group, Inc. (FOSL) in trading session dated Dec. 03, 2018. These shares are worth $390,100 and were traded at $20.75 each. The SEC filing shows that Skinner James E performed a sale of 6,000 shares. The Director disposed these shares by way of transaction on Nov. 26, 2018. The company’s shares were given away at $21.31 per share worth to an income of some $127,860 on account of Skinner James E.

Executive V.P. and COO, White John A., sold 16,303 common shares of Fossil Group, Inc. (FOSL) in the open market. In a transaction dated Nov. 15, 2018, the shares were put up for sale at an average price of $19.1, raking in a sum of $311,387. After this sale, 147,281 common shares of FOSL are directly owned by the insider, with total stake valued at $2,606,874.

In the transaction dated Aug. 23, 2018, the great number of shares disposed came courtesy the Executive Vice President; Hart Darren E. disposed a total of 40,009 shares at an average price of $26.19, amounting to approximately $1,047,836. The insider now directly owns 101,978 shares worth $1,805,011.

Fossil Group, Inc. (FOSL) Analyst Guide

Several analysts have released their opinion on Fossil Group, Inc. (NASDAQ:FOSL), with 0 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 1 buy, 2 sell and 0 strong sell ratings, collectively assigning a 3.2 average brokerage recommendation.