Fossil Group, Inc. (NASDAQ:FOSL) Stock Holdings Increased by RBF Capital LLC

RBF Capital LLC increased its holdings in Fossil Group, Inc. (NASDAQ:FOSL) by 12.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 289,679 shares of the accessories brand company’s stock after purchasing an additional 32,580 shares during the quarter. RBF Capital LLC owned 0.54% of Fossil Group worth $339,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Fossil Group by 0.6% during the first quarter. Vanguard Group Inc. now owns 2,672,340 shares of the accessories brand company’s stock valued at $2,726,000 after acquiring an additional 15,279 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Fossil Group by 97.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 99,488 shares of the accessories brand company’s stock valued at $102,000 after acquiring an additional 49,100 shares during the period. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Fossil Group by 91.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 20,115 shares of the accessories brand company’s stock valued at $29,000 after acquiring an additional 9,624 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Fossil Group during the second quarter valued at approximately $131,000. Finally, AQR Capital Management LLC acquired a new stake in shares of Fossil Group during the second quarter valued at approximately $28,000. 61.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Fossil Group Stock Down 2.0 %

FOSL stock opened at $1.94 on Friday. Fossil Group, Inc. has a 52-week low of $0.75 and a 52-week high of $2.61. The company’s 50 day simple moving average is $1.30 and its 200-day simple moving average is $1.26. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.81 and a quick ratio of 1.10. The firm has a market capitalization of $103.20 million, a P/E ratio of -0.83 and a beta of 2.25.

Insider Buying and Selling at Fossil Group

In related news, CEO Franco Fogliato acquired 111,175 shares of the company’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 represents a 7.41 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 7.80% of the company’s stock.

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.