Sei Investments Co. Purchases 131,531 Shares of Fossil Group, Inc. $FOSL

Sei Investments Co. lifted its position in Fossil Group, Inc. (NASDAQ:FOSL) by 107.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 253,771 shares of the accessories brand company’s stock after purchasing an additional 131,531 shares during the quarter. Sei Investments Co.’s holdings in Fossil Group were worth $1,094,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Wexford Capital LP purchased a new position in shares of Fossil Group during the 3rd quarter valued at about $28,000. Carrera Capital Advisors purchased a new stake in Fossil Group in the fourth quarter worth approximately $38,000. Qube Research & Technologies Ltd purchased a new stake in Fossil Group in the third quarter worth approximately $39,000. Texas Capital Bank Wealth Management Services Inc bought a new position in Fossil Group during the third quarter valued at approximately $45,000. Finally, Jane Street Group LLC grew its position in Fossil Group by 93.1% during the first quarter. Jane Street Group LLC now owns 42,584 shares of the accessories brand company’s stock valued at $49,000 after acquiring an additional 20,530 shares during the last quarter. 61.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Fossil Group in a report on Friday, July 17th. Wall Street Zen raised shares of Fossil Group from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Fossil Group currently has an average rating of “Hold” and an average target price of $7.00.

Fossil Group Trading Up 0.6%

NASDAQ FOSL opened at $5.27 on Thursday. Fossil Group, Inc. has a 1-year low of $1.70 and a 1-year high of $6.16. The company has a current ratio of 1.72, a quick ratio of 1.10 and a debt-to-equity ratio of 2.32. The stock has a 50-day moving average of $4.43 and a 200-day moving average of $4.38. The firm has a market cap of $311.46 million, a PE ratio of -4.62 and a beta of 1.62.

Fossil Group (NASDAQ:FOSL) last posted its quarterly earnings results on Wednesday, August 12th. The accessories brand company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.29) by $0.16. Fossil Group had a negative return on equity of 48.51% and a negative net margin of 6.19%.The business had revenue of $209.70 million for the quarter, compared to analyst estimates of $199.33 million. As a group, sell-side analysts forecast that Fossil Group, Inc. will post -0.15 EPS for the current year.

More Fossil Group News

Here are the key news stories impacting Fossil Group this week:

• Positive Sentiment: Quarterly results beat estimates: Fossil reported a loss of $0.13 per share, narrower than the $0.29 consensus estimate. Revenue of $209.7 million also exceeded expectations of approximately $199 million. Fossil Group Reports Q2 Loss, Beats Revenue Estimates
• Positive Sentiment: Margins improved substantially: Worldwide net sales reached roughly $210 million, while gross margin expanded 490 basis points to 62.4%. Fossil generated $3 million in operating income, or a 2% operating margin, and $9 million of constant-currency adjusted operating income. Fossil Group Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Full-year outlook raised: Fossil issued 2026 revenue guidance of approximately $953.8 million to $973.9 million, broadly in line with the roughly $954.5 million analyst consensus. Management cited strength across core brands, channels and key geographies. Fossil Group Earnings Results and Conference Call
• Neutral Sentiment: Some market commentary focused on Fossil’s brand recovery, demand trends and inventory controls, but the available reports did not provide additional quantified developments beyond the earnings release.
• Negative Sentiment: Sales and profitability remain pressured: Revenue declined about 4.9% year over year, operating income fell sharply from the prior year, and the company posted a net loss. Operating activities consumed $21.8 million of cash during the quarter, while total liabilities stood at $579.1 million and the debt-to-equity ratio remained elevated.

Insiders Place Their Bets

In related news, Director Wendy Lee Schoppert acquired 24,331 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was purchased at an average price of $4.14 per share, with a total value of $100,730.34. Following the completion of the purchase, the director owned 120,625 shares in the company, valued at $499,387.50. This trade represents a 25.27% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.90% of the company’s stock.

About Fossil Group

Fossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East.

The group’s wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments.