Monitor for further selling by Royce or other institutional holders. A drop below the 5% threshold removes a reporting obligation, potentially leading to continued unwinding. Watch for any 13D conversion if the investor's intent shifts from passive.
Price Chart
Executive Summary
Royce & Associates LP filed an amended Schedule 13G disclosing a 4.71% passive stake in Movado Group Inc as of September 30, 2026, down from a prior filing. The filing indicates a decrease in stake, signaling reduced conviction from this long-time investor.
Key Financial Metrics
Key Facts
- Royce & Associates LP reported beneficial ownership of 752,000 shares of Movado Group Inc common stock.
- The stake represents 4.71% of shares outstanding as of September 30, 2026.
- This is an amendment to a prior Schedule 13G filing, indicating a decrease from a previously higher stake.
- Royce & Associates LP is an indirect majority-owned subsidiary of Franklin Resources Inc.
- The filing was made pursuant to Rule 13d-1(d) under the Securities Exchange Act of 1934.
Financial Impact
Royce reduced its stake in Movado, now below 5% at 4.71%. The exact prior stake percentage is not stated in this filing, but the decrease signals reduced exposure.
Risk Factors
- Continued institutional selling pressure as Royce reduces position.
- Loss of a significant long-term shareholder could weigh on sentiment.
- Potential for further stake reductions below current levels.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0000906304-26-000172 |
| Document: 0000906304-26-000172-index.html | 0000906304-26-000172 |
| Document: 0000906304-26-000172.txt | 0000906304-26-000172 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | SC 13G/A | $32.42 $32.28 | ▲ +0.43% | ▼ −0.75% | $31.27 (+3.53%) |
Oct 8, 2026 18d ago | 8-K | $31.57 $32.06 | ▲ +1.55% | ▲ +1.61% | $31.27 (−0.94%) |
Aug 26, 2026 8w ago | 8-K | $35.00 $34.52 | ▼ −1.37% | ▼ −2.03% | $31.27 (−10.64%) |
Jun 12, 2026 19w ago | Institutional Cluster | $38.68 $37.14 | ▼ −3.98% | ▼ −5.74% | $31.27 (−19.14%) |
US Market Status
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