Fossil Group, Inc. (NASDAQ:FOSL) EVP Sells $531,536.32 in Stock

Fossil Group, Inc. (NASDAQ:FOSL) EVP Darren E. Hart sold 33,899 shares of the stock in a transaction dated Tuesday, June 8th. The stock was sold at an average price of $15.68, for a total transaction of $531,536.32. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of NASDAQ FOSL traded down $0.45 during mid-day trading on Thursday, hitting $14.74. The company’s stock had a trading volume of 401,164 shares, compared to its average volume of 1,074,942. The stock has a market capitalization of $767.69 million, a PE ratio of -22.34 and a beta of 1.89. The company has a current ratio of 1.87, a quick ratio of 1.23 and a debt-to-equity ratio of 0.38. Fossil Group, Inc. has a one year low of $3.19 and a one year high of $28.60. The company has a fifty day simple moving average of $13.00.

Fossil Group (NASDAQ:FOSL) last issued its earnings results on Wednesday, March 10th. The accessories brand company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.07). The business had revenue of $528.10 million during the quarter. Fossil Group had a negative net margin of 2.19% and a negative return on equity of 2.51%.

Several hedge funds and other institutional investors have recently modified their holdings of FOSL. Marshall Wace North America L.P. bought a new position in shares of Fossil Group in the 1st quarter valued at about $26,000. Strs Ohio boosted its stake in Fossil Group by 93.4% during the 4th quarter. Strs Ohio now owns 40,800 shares of the accessories brand company’s stock worth $353,000 after acquiring an additional 19,700 shares during the last quarter. Matarin Capital Management LLC bought a new position in Fossil Group during the 4th quarter worth approximately $257,000. SG Americas Securities LLC boosted its stake in Fossil Group by 26.8% during the 4th quarter. SG Americas Securities LLC now owns 42,865 shares of the accessories brand company’s stock worth $372,000 after acquiring an additional 9,063 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in Fossil Group by 3.1% during the 4th quarter. BlackRock Inc. now owns 7,114,841 shares of the accessories brand company’s stock worth $61,687,000 after acquiring an additional 212,587 shares during the last quarter. 82.09% of the stock is currently owned by institutional investors.

Separately, TheStreet lowered shares of Fossil Group from a “c-” rating to a “d+” rating in a research note on Tuesday, March 23rd.

About Fossil Group

Fossil Group, Inc, together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. The company's products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses.

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

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