On November 27, 2024, Franco Fogliato, the CEO of Fossil Group Inc, acquired 250,000 shares of the company, as reported in the SEC Filing. This transaction brings the insider's total ownership to 1,750,000 shares.
Fossil Group Inc (FOSL, Financial) is a global design, marketing, distribution, and innovation company specializing in lifestyle accessories. The company offers a diverse portfolio of owned and licensed brands, including watches, jewelry, handbags, and other fashion accessories.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there has been one insider buy and no insider sells, indicating a positive sentiment from the company's leadership.
On the day of the purchase, shares of Fossil Group Inc were trading at $1.44, resulting in a market cap of $77.663 million. The stock's GF Value is estimated at $2.01, giving it a price-to-GF-Value ratio of 0.72. This suggests that the stock is modestly undervalued according to its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
