As Fossil Group INC (FOSL) Share Value Declined, Ancient Art LP Has Lifted Holding

March 14, 2018 - By Peter Erickson

Investors sentiment decreased to 1.22 in 2017 Q3. Its down 0.62, from 1.84 in 2017Q2. It dived, as 36 investors sold FOSL 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. Nordea Invest Management Ab has 302,200 shares. Pinebridge Investments LP reported 0.02% in Fossil Group, Inc. (NASDAQ:FOSL). Louisiana State Employees Retirement System holds 17,500 shares or 0.01% of its portfolio. Moreover, Teachers Retirement Systems Of The State Of Kentucky has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL) for 14,600 shares. 1,559 are owned by Ls Invest Lc. Bankshares Of Montreal Can owns 23,300 shares or 0% of their US portfolio. Pacad Investment has invested 0.03% in Fossil Group, Inc. (NASDAQ:FOSL). Legal General Gp Pcl invested in 150,892 shares or 0% of the stock. 1.11 million are held by Contrarius Investment Limited. Guggenheim Capital Lc holds 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL) for 127,927 shares. Alliancebernstein Ltd Partnership has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL). State Of Alaska Department Of Revenue holds 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL) for 8,325 shares. Geode Cap Mgmt Llc owns 358,969 shares for 0% of their portfolio. Financial Bank Of America De reported 86,838 shares. Citadel Advsrs stated it has 344,676 shares or 0% of all its holdings.

Since March 6, 2018, it had 0 buys, and 2 insider sales for $5.68 million activity.

Quincy Lee increased its stake in Fossil Group Inc (FOSL) by 27.47% based on its latest 2017Q3 regulatory filing with the SEC. Ancient Art Lp bought 337,502 shares as the company’s stock declined 40.42% while stock markets rallied. The hedge fund run by Quincy Lee held 1.57 million shares of the consumer non-durables company at the end of 2017Q3, valued at $14.61 million, up from 1.23M at the end of the previous reported quarter. Ancient Art Lp who had been investing in Fossil Group Inc for a number of months, seems to be bullish on the $574.02M market cap company. The stock decreased 6.20% or $0.78 during the last trading session, reaching $11.8. About 2.76M shares traded. Fossil Group, Inc. (NASDAQ:FOSL) has declined 54.09% since March 14, 2017 and is downtrending. It has underperformed by 70.79% the S&P500.

More notable recent Fossil Group, Inc. (NASDAQ:FOSL) news were published by: which released: “Why Fossil Group Inc. Stock Skyrocketed Wednesday” on February 14, 2018, also with their article: “Fossil Group Inc (FOSL) Files 10-K for the Fiscal Year Ended on December 31, 2017” published on March 02, 2018, published: “Fossil Group, Inc. Reports Fourth Quarter and Fiscal Year 2017 Results” on February 13, 2018. More interesting news about Fossil Group, Inc. (NASDAQ:FOSL) were released by: and their article: “Why Fossil Group Stock Gained 68.1% in February” published on March 08, 2018 as well as‘s news article titled: “Fossil shares skyrocket, is short covering to blame?” with publication date: February 14, 2018.

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

Among 17 analysts covering Fossil (NASDAQ:FOSL), 3 have Buy rating, 6 Sell and 8 Hold. Therefore 18% are positive. Fossil had 56 analyst reports since August 7, 2015 according to SRatingsIntel. Telsey Advisory Group maintained Fossil Group, Inc. (NASDAQ:FOSL) on Friday, August 7 with “Market Perform” rating. On Friday, November 13 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. The stock of Fossil Group, Inc. (NASDAQ:FOSL) earned “Neutral” rating by Macquarie Research on Wednesday, August 12. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, November 4 report. The stock of Fossil Group, Inc. (NASDAQ:FOSL) earned “Hold” rating by Jefferies on Wednesday, February 14. Buckingham Research maintained Fossil Group, Inc. (NASDAQ:FOSL) on Wednesday, November 8 with “Neutral” rating. On Monday, October 5 the stock rating was maintained by Piper Jaffray with “Underweight”. The rating was upgraded by PiperJaffray to “Neutral” on Monday, November 21. The firm has “Neutral” rating given on Wednesday, September 30 by Mizuho. On Wednesday, March 16 the stock rating was downgraded by Macquarie Research to “Underperform”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.