Insider Trading Activity in: Fossil Group, Inc. $FOSL

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Fossil Group, Inc. (FOSL) insider have most recently took part in a trading activity. On Aug 29, 2017 Mckelvey Gregory A, Executive Vice President bought 5,712 shares having total worth of $49,866 at the price of $8.73 per share, following the transaction a total of 191,165 shares owned by Mckelvey Gregory A. Before this latest buy, Mckelvey Gregory A purchased FOSL at 2 other times during the past twelve months, for a total investment of $329,111 at an average of $8.43 per share.

The stock has experienced a total of 8 insider trades in the past three months. These trades include 2 sell activities and 6 buy trades. Furthermore, over the past 12 months , the stock was traded 12 times by insiders. In 6 of these trades, the insider was a seller while an employee of the company was the buyer in 6 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 6 2 -48.85%
12 Month 6 6 -80.62%

Shares of Fossil Group, Inc. (FOSL) traded up 0.57% on Aug 29, 2017, hitting $8.89. 2,469,740 shares of the company’s stock traded hands. Fossil Group, Inc. has a 52 week low of $7.15 and a 52 week high of $45.87. The company’s market cap is $1,380 million.

Fossil Group, Inc. (FOSL) last announced its earnings results on Aug 8, 2017. The company reported -0.61 earnings per share (EPS) for the quarter, lower than the consensus estimate of -0.44 by $0.17. The company had revenue of $597 million for the quarter, compared to the consensus estimate of $617 million. During the same quarter in the previous year, the company posted 0.12 earnings per share. The company’s revenue for the quarter was down 13% on a year-over-year basis.

2017-08-08 2017-05-09 2017-02-14 2016-11-03 2016-08-09 2016-05-10 2016-02-16 2015-11-12 2015-08-11 2015-05-05
earnings per share -0.61 -0.35 1.32 0.42 0.12 0.12 1.46 1.24 1.12 0.75
Revenue(M) 596.8 581.8 959.2 738 685.4 659.8 992.5 771.3 740 725

Fossil Group Inc, formerly Fossil, Inc., is a Delaware corporation formed in 1991 and is the successor to a Texas corporation formed in 1984. It is a marketing and distribution company that specializes in consumer fashion accessories. Its main offerings include line of men’s and women’s fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, shoes, soft accessories and clothing. In the watch and jewelry product categories, the Company has a portfolio of recognized owned and licensed brand names under which its products are marketed. The Company’s products are distributed globally through various distribution channels, including wholesale in countries where it has a physical presence, direct to the consumer through its retail stores and commercial websites and through third-party distributors in countries where it does not maintain a physical presence. The Company’s operations and financial reporting are primarily divided into four distinct segments: North America wholesale segment; Europe wholesale segment; Asia Pacific wholesale segment; and Direct to consumer segment, which includes Company-owned retail stores, its catalogs and e-commerce activities. Within the wholesale segments of its business, it generally sells to retailers in those countries in which it has a physical presence as well as to third-party distributors in countries where it does not have a physical presence. The Company’s wholesale customer base includes, among others, Neiman Marcus, Nordstrom, Saks Fifth Avenue, Macy’s, Dillard’s, JCPenney, Kohl’s, Sears, Wal-Mart and Target. In the United States, the Company’s network of Company-owned stores included 131 retail stores located in premier retail sites and 95 outlet stores located in major outlet malls as of December 29, 2012. Internationally, the Company’s products are distributed in Africa, Asia, Australia, Europe, Central and South America, Canada, the Caribbean, Mexico, and the Middle East. Its competitors include distributors that import watches, accessories and clothing from abroad, U.S. companies that have established foreign manufacturing relationships and companies that produce accessories and clothing domestically.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.