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Will Insiders Be Tempted To Buy More FOSL At The New 52-Week Low?
Wednesday, November 8, 1:26 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Fossil Group Inc (FOSL) touched a new 52-week low ...

The FOSL Paradox: Analysts Bearish But Forecast 46.45% Gains
Monday, November 13, 9:23 AM ET, by Market News Video Staff

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a ...

January 2020 Options Now Available For Fossil Group (FOSL)
Monday, November 13, 11:29 AM ET, by Market News Video Staff

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

FOSL January 2018 Options Begin Trading
Wednesday, November 22, 11:04 AM ET, by Market News Video Staff

Investors in Fossil Group Inc (FOSL) saw new options begin trading today, for the January ...

FOSL: Insiders vs. Shorts
Wednesday, November 22, 2:17 PM ET, by Market News Video Staff

The most recent short interest data was recently released for the 10/31/2017 settlement date, and ...

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


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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 .


This Article's Word Cloud:   AMEX   Bets   Brass   Buys   Dave   Direxion   Equal   Executive   FOSL   Find   Fossil   Index   Insider   Insiders   Kovar   Looking   Mike   Moenning   Monday   Offer   Place   Presumably   Price   Purchased   QQQE   Share   Shares   Special   average   buys   changing   chart   company   cost   hands   insider   last   make   maybe   point   share   shares   stock   take   that   their   they   trading   week   with
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Top Buys by Top Brass: CFO Kovar's $462.3K Bet on FOSL | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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