Fossil Group, Inc. (FOSL) Reaches $9.38 After 4.00% Up Move; National Planning Has Decreased Facebook (FB) Position

January 14, 2018 - By Clifton Ray

The stock of Fossil Group, Inc. (NASDAQ:FOSL) is a huge mover today! The stock increased 6.23% or $0.55 during the last trading session, reaching $9.38. About 1.62 million shares traded. Fossil Group, Inc. (NASDAQ:FOSL) has declined 54.09% since January 14, 2017 and is downtrending. It has underperformed by 70.79% the S&P500.The move comes after 5 months positive chart setup for the $455.19M company. It was reported on Jan, 14 by Barchart.com. We have $9.76 PT which if reached, will make NASDAQ:FOSL worth $18.21M more.

National Planning Corp decreased Facebook Inc (FB) stake by 5.17% reported in 2017Q3 SEC filing. National Planning Corp sold 2,026 shares as Facebook Inc (FB)’s stock rose 10.88%. The National Planning Corp holds 37,191 shares with $6.32 million value, down from 39,217 last quarter. Facebook Inc now has $521.22 billion valuation. The stock decreased 4.47% or $8.4 during the last trading session, reaching $179.37. About 77.55 million shares traded or 356.22% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 14, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.




Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories. The company has market cap of $455.19 million. The companyÂ’s principal products include a line of men's and women's fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, and soft accessories. It currently has negative earnings. It offers its products under its proprietary brands, such as FOSSIL, MICHELE, MISFIT, RELIC, SKAGEN, and ZODIAC, as well as under the licensed brands, including ADIDAS, ARMANI EXCHANGE, BURBERRY, CHAPS, DIESEL, DKNY, EMPORIO ARMANI, KARL LAGERFELD, KATE SPADE NEW YORK, MARC JACOBS, MICHAEL KORS, and TORY BURCH.

Analysts await Fossil Group, Inc. (NASDAQ:FOSL) to report earnings on February, 13. They expect $0.40 earnings per share, down 70.59% or $0.96 from last year’s $1.36 per share. FOSL’s profit will be $19.41M for 5.86 P/E if the $0.40 EPS becomes a reality. After $0.04 actual earnings per share reported by Fossil Group, Inc. for the previous quarter, Wall Street now forecasts 900.00% EPS growth.

Investors sentiment decreased to 1.22 in 2017 Q3. Its down 0.62, from 1.84 in 2017Q2. It is negative, as 36 investors sold Fossil Group, Inc. 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. Parametric Port Assocs invested 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Ny State Teachers Retirement Systems holds 90,458 shares or 0% of its portfolio. Tower Rech Ltd (Trc) has 0.01% invested in Fossil Group, Inc. (NASDAQ:FOSL) for 14,550 shares. Qs Investors Ltd Liability Corporation holds 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL) for 62 shares. Bnp Paribas Arbitrage has invested 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Brandywine Global Invest Llc invested 0% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL). Swiss Savings Bank, a Switzerland-based fund reported 71,141 shares. Mason Street Advsr Lc stated it has 0% in Fossil Group, Inc. (NASDAQ:FOSL). Comerica Bankshares holds 47,606 shares or 0% of its portfolio. Hbk Invs L P reported 22,000 shares. Moreover, Blackrock has 0% invested in Fossil Group, Inc. (NASDAQ:FOSL). Contrarius Inv Management Ltd has 1.11 million shares for 0.61% of their portfolio. Public Employees Retirement Association Of Colorado holds 0% or 8,461 shares. Arrowstreet Capital Partnership has invested 0.02% in Fossil Group, Inc. (NASDAQ:FOSL). Riverhead Ltd Co reported 3,500 shares.

Among 17 analysts covering Fossil (NASDAQ:FOSL), 3 have Buy rating, 5 Sell and 9 Hold. Therefore 18% are positive. Fossil had 53 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by Wells Fargo on Thursday, October 22 with “Market Perform”. The stock of Fossil Group, Inc. (NASDAQ:FOSL) earned “Neutral” rating by Buckingham Research on Wednesday, August 9. The rating was maintained by Jefferies on Tuesday, July 4 with “Hold”. Piper Jaffray maintained Fossil Group, Inc. (NASDAQ:FOSL) rating on Monday, October 5. Piper Jaffray has “Underweight” rating and $46.0 target. The company was maintained on Friday, November 4 by Telsey Advisory Group. Bank of America maintained the shares of FOSL in report on Friday, November 13 with “Underperform” rating. The rating was maintained by Nomura with “Neutral” on Friday, November 13. The stock of Fossil Group, Inc. (NASDAQ:FOSL) earned “Hold” rating by Jefferies on Thursday, September 14. Macquarie Research downgraded Fossil Group, Inc. (NASDAQ:FOSL) on Wednesday, March 16 to “Underperform” rating. Topeka Capital Markets maintained Fossil Group, Inc. (NASDAQ:FOSL) on Monday, November 16 with “Buy” rating.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 earnings per share, up 56.45% or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64B for 23.11 P/E if the $1.94 EPS becomes a reality. After $1.59 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 217 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, July 30 the stock rating was maintained by Brean Capital with “Buy”. The firm has “Buy” rating by Jefferies given on Thursday, November 5. M Partners maintained it with “Buy” rating and $18000 target in Monday, July 17 report. Cowen & Co maintained Facebook, Inc. (NASDAQ:FB) on Friday, July 14 with “Buy” rating. The firm has “Buy” rating given on Thursday, November 3 by Mizuho. The firm has “Buy” rating by Bank of America given on Monday, January 8. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Piper Jaffray on Wednesday, October 11. Robert W. Baird maintained the stock with “Buy” rating in Friday, September 1 report. The stock has “Buy” rating by Wells Fargo on Monday, January 8. The firm has “Buy” rating given on Thursday, July 27 by Credit Suisse.

Since August 7, 2017, it had 0 insider purchases, and 38 insider sales for $950.72 million activity. Shares for $2.59M were sold by Wehner David M.. 750 Facebook, Inc. (NASDAQ:FB) shares with value of $131,470 were sold by Stretch Colin. The insider Zuckerberg Mark sold 247,147 shares worth $42.50M. Another trade for 38,042 shares valued at $6.77M was sold by Schroepfer Michael Todd. On Monday, August 21 Cox Christopher K sold $2.67 million worth of Facebook, Inc. (NASDAQ:FB) or 16,000 shares. Koum Jan had sold 640,754 shares worth $109.70 million. Shares for $8.59 million were sold by FISCHER DAVID B..

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