Stock message boards
MNV
Market News Video
MNV MNV Model Portfolios ChartZero
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

D.R. Horton Becomes #132 Most Shorted S&P 500 Component, Replacing Fossil Group
Tuesday, August 27, 3:01 PM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 08/15/2013 ...

Reminder - Garmin Ltd. (GRMN) Goes Ex-Dividend Soon
Tuesday, September 10, 11:42 AM ET, by Market News Video Staff

On 9/12/13, Garmin Ltd. (GRMN) will trade ex-dividend, for its quarterly dividend of $0.45, payable ...

Fossil Group Inc Becomes #32 Most Shorted Nasdaq 100 Component, Replacing Texas Instruments Inc.
Thursday, September 12, 2:50 PM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 08/30/2013 ...

First Week of November 16th Options Trading For Fossil Group Inc (FOSL)
Thursday, September 26, 11:42 AM ET, by Market News Video Staff

Investors in Fossil Group Inc (FOSL) saw new options become available this week, for the ...

Garmin Ltd. (GRMN) Shares Cross 4% Yield Mark
Thursday, September 26, 3:23 PM ET, by Market News Video Staff

In trading on Thursday, shares of Garmin Ltd. (GRMN) were yielding above the 4% mark ...

  More articles:  1 2 3 4 5 6 7 next »

Top Buys by Top Brass: CFO Kovar's $462.3K Bet on FOSL

By Market News Video Staff, Monday, July 30, 12:56 PM ET
Play Video: One Reason For Insiders to Buy


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $462.3K invested across 2 purchases by Mike Kovar, CFO at Fossil, Inc. (NASDAQ:FOSL).

Kovar bets big on FOSL:

Purchased Insider Title Shares Price/Share Value
05/10/2012 Mike Kovar Executive V.P. and CFO 4,000 $79.15 $316,582.00
05/16/2012 Mike Kovar Executive V.P. and CFO 2,000 $72.86 $145,712.00

Kovar's average cost works out to $77.05/share. In trading on Monday, bargain hunters could buy shares of Fossil, Inc. (NASDAQ:FOSL) and achieve a cost basis lower than Kovar, with shares changing hands as low as $73.83 per share. Shares of Fossil, Inc. were changing hands at $74.04 at last check, trading down about 3.6% on Monday. The chart below shows the one year performance of FOSL shares, versus its 200 day moving average:

Fossil, Inc. Chart

Looking at the chart above, FOSL's low point in its 52 week range is $62.77 per share, with $139.20 as the 52 week high point that compares with a last trade of $74.04.

FOSL makes up 1.00% of the Direxion NASDAQ-100 Equal Weighted Index Shares ETF (AMEX:QQQE)


Special Offer: Find out how Dave Moenning is trading around the most recent insider transactions with a free 30 day trial .


Top Six Most Viewed Stories This Week @ Market News Video:
Tuesday Sector Leaders: General Contractors & Builders, Computer PeripheralsTuesday Sector Leaders: General Contractors & Builders, Computer Peripherals
Channel: Market Movers
Related symbols: MHO,BZH,EXTR,KTCC
S&P 500 Analyst Moves: VRTXS&P 500 Analyst Moves: VRTX
Channel: Upgrades/Downgrades
Related symbols: VRTX
Wednesday Sector Leaders: Precious Metals, Apparel StoresWednesday Sector Leaders: Precious Metals, Apparel Stores
Channel: Market Movers
Related symbols: XPL,GPL,CACH,ARO
S&P 500 Analyst Moves: MHKS&P 500 Analyst Moves: MHK
Channel: Upgrades/Downgrades
Related symbols: MHK
Wednesday 4/2 Insider Buying Report: LUB, EXAWednesday 4/2 Insider Buying Report: LUB, EXA
Channel: Insider Buying Report
Related symbols: LUB,EXA
Wednesday Sector Laggards: Education & Training Services, Cigarettes & Tobacco StocksWednesday Sector Laggards: Education & Training Services, Cigarettes & Tobacco Stocks
Channel: Market Movers
Related symbols: APOL,CECO,VGR,BTI

This Article's Word Cloud:   Buying   Buys   Definition   Earnings   Executive   FOSL   Find   Form   Fossil   Importance   Insider   Kovar   Mike   Monday   Nasdaq   Price   Shares   Value   What   about   above   around   average   buys   changing   chart   company   cost   hands   have   hunters   insider   last   make   maybe   most   open   point   purchases   share   shares   stock   take   that   their   they   trading   week   when   with
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use & Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Market Definitions
MNV

Top Buys by Top Brass: CFO Kovar's $462.3K Bet on FOSL | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.