Franco Fogliato Buys 111,175 Shares of Fossil Group, Inc. (NASDAQ:FOSL) Stock

Fossil Group, Inc. (NASDAQ:FOSL) CEO Franco Fogliato bought 111,175 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were purchased at an average price of $1.37 per share, for a total transaction of $152,309.75. Following the purchase, the chief executive officer now owns 1,611,175 shares in the company, valued at $2,207,309.75. This trade represents a 7.41 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Fossil Group Stock Performance

Fossil Group, Inc. has a one year low of $0.75 and a one year high of $1.74. The company has a market cap of $77.66 million, a PE ratio of -0.63 and a beta of 2.18. The business’s 50 day moving average price is $1.23 and its 200 day moving average price is $1.24. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.10 and a current ratio of 1.81.

Institutional Investors Weigh In On Fossil Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in Fossil Group during the 2nd quarter valued at approximately $28,000. Vanguard Personalized Indexing Management LLC grew its holdings in Fossil Group by 91.7% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 20,115 shares of the accessories brand company’s stock valued at $29,000 after buying an additional 9,624 shares in the last quarter. XTX Topco Ltd purchased a new stake in Fossil Group during the 3rd quarter valued at approximately $48,000. Price T Rowe Associates Inc. MD grew its holdings in Fossil Group by 97.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 99,488 shares of the accessories brand company’s stock valued at $102,000 after buying an additional 49,100 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Fossil Group during the 2nd quarter valued at approximately $131,000. Institutional investors own 61.14% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Fossil Group from a “hold” rating to a “buy” rating in a research note on Monday, November 11th.

Fossil Group Company Profile

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.