Barclays PLC Decreases Stock Holdings in Fossil Group, Inc. (NASDAQ:FOSL)

Barclays PLC trimmed its holdings in shares of Fossil Group, Inc. (NASDAQ:FOSL) by 16.2% in the third quarter, HoldingsChannel.com reports. The fund owned 77,597 shares of the accessories brand company’s stock after selling 15,005 shares during the period. Barclays PLC’s holdings in Fossil Group were worth $91,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. AQR Capital Management LLC purchased a new stake in Fossil Group in the second quarter worth $28,000. Vanguard Personalized Indexing Management LLC increased its position in Fossil Group by 91.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 20,115 shares of the accessories brand company’s stock worth $29,000 after buying an additional 9,624 shares during the last quarter. XTX Topco Ltd purchased a new stake in Fossil Group in the third quarter worth $48,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Fossil Group in the second quarter worth $131,000. Finally, RBF Capital LLC increased its position in Fossil Group by 12.7% in the third quarter. RBF Capital LLC now owns 289,679 shares of the accessories brand company’s stock worth $339,000 after buying an additional 32,580 shares during the last quarter. 61.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, CEO Franco Fogliato purchased 111,175 shares of Fossil Group stock in a transaction dated Tuesday, November 26th. The stock was bought at an average cost of $1.37 per share, for a total transaction of $152,309.75. Following the completion of the transaction, 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 ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 7.80% of the stock is owned by company insiders.

Fossil Group Price Performance

Shares of NASDAQ FOSL opened at $2.01 on Thursday. The stock has a market cap of $106.65 million, a PE ratio of -0.86 and a beta of 2.25. Fossil Group, Inc. has a fifty-two week low of $0.75 and a fifty-two week high of $2.61. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.10 and a current ratio of 1.81. The stock has a fifty day moving average of $1.63 and a 200-day moving average of $1.35.

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.