FOSL Stock: Is Fossil Group Incorporated Fuel Running Low? Reports Show More Sellers


Investors sentiment decreased to 1.22 in 2017 Q3. Its down 0.62, from 1.84 in 2017Q2. It fall, as 36 investors sold Fossil Group, Inc. shares while 33 reduced holdings. 21 funds opened positions while 63 raised stakes. 44.08 million shares or 13.27% less from 50.82 million shares in 2017Q2 were reported.

Comerica Financial Bank holds 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL) for 47,606 shares. Ameritas Investment Prtnrs stated it has 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Arizona State Retirement Systems reported 22,400 shares. Great West Life Assurance Can owns 60,201 shares or 0% of their US portfolio. Tiaa Cref Invest Mgmt owns 0% invested in Fossil Group, Inc. (NASDAQ:FOSL) for 212,979 shares. Glenmede Na reported 0% stake. Fund Mgmt stated it has 0% in Fossil Group, Inc. (NASDAQ:FOSL). Investec Asset Mngmt Limited accumulated 158,021 shares. Riverhead Cap Management Limited Liability Corp reported 3,500 shares. Federated Pa has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL) for 169,795 shares. Mason Street Advisors Lc holds 0% or 10,937 shares. Savings Bank Of Montreal Can has 23,300 shares. Oz Mngmt Limited Partnership owns 71,100 shares. Robeco Institutional Asset Management Bv stated it has 35,298 shares or 0% of all its holdings. American International Group Inc accumulated 33,853 shares.

The stock of Fossil Group Incorporated (NASDAQ:FOSL) registered an increase of 0.91% in short interest. FOSL’s total short interest was 17.99M shares in January as published by FINRA. Its up 0.91% from 17.83 million shares, reported previously. With 1.60 million shares average volume, it will take short sellers 11 days to cover their FOSL’s short positions. The short interest to Fossil Group Incorporated’s float is 43.25%.

The stock increased 6.75% or $0.615 during the last trading session, reaching $9.725. About 3.77 million shares traded or 86.64% up from the average. Fossil Group, Inc. (NASDAQ:FOSL) has declined 54.09% since January 19, 2017 and is downtrending. It has underperformed by 70.79% the S&P500.

Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories. The company has market cap of $471.93 million. The companyÂ’s principal products include a line of men’s and women’s fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, and soft accessories. It currently has negative earnings. It offers its products under its proprietary brands, such as FOSSIL, MICHELE, MISFIT, RELIC, SKAGEN, and ZODIAC, as well as under the licensed brands, including ADIDAS, ARMANI EXCHANGE, BURBERRY, CHAPS, DIESEL, DKNY, EMPORIO ARMANI, KARL LAGERFELD, KATE SPADE NEW YORK, MARC JACOBS, MICHAEL KORS, and TORY BURCH.

Fossil Group, Inc. (NASDAQ:FOSL) Ratings Coverage

Among 17 analysts covering Fossil (NASDAQ:FOSL), 3 have Buy rating, 5 Sell and 9 Hold. Therefore 18% are positive. Fossil had 53 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Telsey Advisory Group given on Friday, November 13. Topeka Capital Markets maintained the shares of FOSL in report on Monday, November 16 with “Buy” rating. Piper Jaffray maintained it with “Hold” rating and $1500 target in Thursday, July 13 report. Wells Fargo initiated Fossil Group, Inc. (NASDAQ:FOSL) on Thursday, October 22 with “Market Perform” rating. The stock of Fossil Group, Inc. (NASDAQ:FOSL) has “Underweight” rating given on Monday, October 5 by Piper Jaffray. The firm has “Neutral” rating by Piper Jaffray given on Monday, November 21. The company was maintained on Friday, August 14 by Nomura. Telsey Advisory Group maintained it with “Market Perform” rating and $32 target in Wednesday, May 11 report. The stock has “Neutral” rating by Buckingham Research on Wednesday, August 9. The stock of Fossil Group, Inc. (NASDAQ:FOSL) earned “Hold” rating by Jefferies on Monday, January 4.

Another recent and important Fossil Group, Inc. (NASDAQ:FOSL) news was published by which published an article titled: “Why Fossil Group, Inc. Stock Plummeted 70% in 2017” on January 17, 2018.


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