Fossil Group Inc’s filing revealed that its CEO Fogliato Franco acquired Company’s shares for reported $0.21 million on Nov 27 ’24. In the deal valued at $1.49 per share,138,825 shares were bought. As a result of this transaction, Fogliato Franco now holds 1,750,000 shares worth roughly $2.92 million.
Then, Fogliato Franco bought 111,175 shares, generating $152,310 in total proceeds. Upon buying the shares at $1.37, the CEO now owns 1,611,175 shares.
Telsey Advisory Group reiterated its Fossil Group Inc [FOSL] rating to a Market perform in a research note published on February 27, 2020; the price target was $5. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early November from “an Overweight” to “a Sector weight”. Telsey Advisory Group also remained covering FOSL and reiterated its “Market perform” recommendation on August 05, 2019. Telsey Advisory Group maintained its rating on February 14, 2019. It rated FOSL as “a Market perform”.
Price Performance Review of FOSL
On Monday, Fossil Group Inc [NASDAQ:FOSL] saw its stock fall -11.64% to $1.67. Over the last five days, the stock has lost -11.17%. Nevertheless, the stocks have risen 20.14% over the past one year. While a 52-week high of $2.61 was reached on 01/10/25, a 52-week low of $0.75 was recorded on 01/13/25. SMA at 50 days reached $1.6278, while 200 days put it at $1.2752.
Levels Of Support And Resistance For FOSL Stock
The 24-hour chart illustrates a support level at 1.5533, which if violated will result in even more drops to 1.4367. On the upside, there is a resistance level at 1.8433. A further resistance level may holdings at 2.0167. The Relative Strength Index (RSI) on the 14-day chart is 45.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0332, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.71%. Stochastics %K at 57.41% indicates the stock is a holding.
How much short interest is there in Fossil Group Inc?
A steep rise in short interest was recorded in Fossil Group Inc stocks on 2024-12-31, growing by 0.38 million shares to a total of 1.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.33 million shares. There was a rise of 22.22%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 08, 2019 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $17.
