Traders Buy High Volume of Call Options on Fossil Group (NASDAQ:FOSL)

Fossil Group, Inc. (NASDAQ:FOSL) was the recipient of some unusual options trading on Wednesday. Stock investors bought 2,672 call options on the stock. This represents an increase of approximately 1,216% compared to the average daily volume of 203 call options.

Insider Buying and Selling at Fossil Group

In related news, Director Pamela J. Edwards bought 7,208 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was bought at an average cost of $5.58 per share, for a total transaction of $40,220.64. Following the purchase, the director directly owned 50,251 shares of the company’s stock, valued at approximately $280,400.58. This trade represents a 16.75% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 3.80% of the company’s stock.

Institutional Trading of Fossil Group

Hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. raised its position in Fossil Group by 10.3% during the third quarter. Russell Investments Group Ltd. now owns 52,238 shares of the accessories brand company’s stock valued at $343,000 after acquiring an additional 4,899 shares in the last quarter. Headlands Technologies LLC lifted its holdings in Fossil Group by 132.1% in the second quarter. Headlands Technologies LLC now owns 55,214 shares of the accessories brand company’s stock valued at $229,000 after acquiring an additional 31,422 shares during the period. Nantahala Capital Management LLC purchased a new stake in Fossil Group in the 2nd quarter worth approximately $22,791,230. Empowered Funds LLC purchased a new stake in Fossil Group in the 2nd quarter worth approximately $558,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Fossil Group in the 2nd quarter worth approximately $34,000. Hedge funds and other institutional investors own 61.14% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on FOSL. Lake Street Capital began coverage on shares of Fossil Group in a report on Wednesday, October 7th. They set a “buy” rating and a $10.00 price objective on the stock. Craig Hallum started coverage on Fossil Group in a research note on Thursday, September 10th. They issued a “buy” rating and a $12.00 target price for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Fossil Group in a research report on Thursday, October 15th. Finally, Northland Securities set a $8.00 price target on Fossil Group in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.25.

Key Fossil Group News

Here’s some of the latest news about FOSL:

• Positive Sentiment: Fossil reported third-quarter revenue of $271 million, up 0.4% year over year (2.0% at constant currency) and ahead of analysts’ expectations of about $249 million. Earnings were $0.19 per share, beating estimates, and the company swung to a profit from a loss a year earlier. Fossil Group third-quarter 2026 financial results
• Positive Sentiment: Management said the turnaround is ahead of plan, and Fossil raised its fiscal 2026 sales guidance. The return to sales growth after four years of declines may strengthen confidence in the recovery, though execution remains important. Fossil shares and raised sales guidance Fossil CEO on turnaround progress
• Neutral Sentiment: Fossil extended its global Diesel licensing agreement for five years and renewed its partnership with Nick Jonas for two watch collections. These deals support the brand portfolio, but the reports provide no financial estimates for their impact. Diesel licensing extension Nick Jonas partnership extension

Fossil Group Stock Performance

Shares of Fossil Group stock traded up $2.09 during trading on Wednesday, hitting $9.96. 4,470,559 shares of the company’s stock were exchanged, compared to its average volume of 828,493. The stock has a market capitalization of $589.21 million, a price-to-earnings ratio of -7.80 and a beta of 1.61. The business has a 50-day simple moving average of $6.37 and a 200-day simple moving average of $4.95. Fossil Group has a 52-week low of $1.70 and a 52-week high of $10.55. The company has a debt-to-equity ratio of 2.74, a quick ratio of 1.05 and a current ratio of 1.76.

Fossil Group (NASDAQ:FOSL) last posted its quarterly earnings results on Tuesday, November 10th. The accessories brand company reported $0.19 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.23. The company had revenue of $271.20 million for the quarter, compared to analyst estimates of $248.66 million. Fossil Group had a negative net margin of 7.09% and a negative return on equity of 59.76%. During the same period in the prior year, the company earned ($0.76) earnings per share. On average, research analysts forecast that Fossil Group will post -0.04 EPS for the current year.

Fossil Group Company Profile

Fossil Group, Inc. is a global design, sourcing, marketing and distribution company focused primarily on watches and accessories. Its products include traditional watches, jewelry, handbags, small leather goods and other fashion accessories sold through company-operated and third-party retail stores, e-commerce channels and wholesale partners. The company markets products under its Fossil, Skagen, Michele and Relic brands, as well as through various licensed brand relationships. Fossil Group was founded in 1984 and is headquartered in Richardson, Texas.