Insider Trading Alert - Fossil Group And 4 Others Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Friday, Sept. 20, 2013, 98 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $117.60 to $300,598,732.04.

Highlighted Stocks Traded by Insiders:

Fossil Group (FOSL) - FREE Research Report

Quick Mark who is Director at Fossil Group sold 4,000 shares at $114.33 on Sept. 20, 2013. Following this transaction, the Director owned 23,345 shares meaning that the stake was reduced by 14.63% with the 4,000 share transaction.

The shares most recently traded at $117.26, up $2.93, or 2.5% since the insider transaction. Historical insider transactions for Fossil Group go as follows:

  • 4-Week # shares sold: 4,456
  • 12-Week # shares sold: 5,496
  • 24-Week # shares sold: 13,829

The average volume for Fossil Group has been 752,700 shares per day over the past 30 days. Fossil Group has a market cap of $6.7 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 24.75% year to date as of the close of trading on Friday.

Fossil Group, Inc., together with its subsidiaries, engages in the design, development, marketing, and distribution of consumer fashion accessories worldwide. It operates in four segments: North America Wholesale, Europe Wholesale, Asia Pacific Wholesale, and Direct to Consumer. The company has a P/E ratio of 19.1. Currently there are 4 analysts that rate Fossil Group a buy, 2 analysts rate it a sell, and 6 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on FOSL - FREE

TheStreet Quant Ratings rates Fossil Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Fossil Group Ratings Report from TheStreet Quant Ratings now.

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