Insider Selling: Abercrombie & Fitch (NYSE:ANF) COO Sells $1,050,000.00 in Stock

Abercrombie & Fitch Company (NYSE:ANFGet Free Report) COO Scott Lipesky sold 10,000 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $105.00, for a total transaction of $1,050,000.00. Following the completion of the sale, the chief operating officer directly owned 172,534 shares in the company, valued at $18,116,070. This trade represents a 5.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Abercrombie & Fitch Stock Performance

Shares of ANF stock opened at $99.40 on Friday. The firm has a fifty day moving average of $88.72 and a 200-day moving average of $90.19. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 9.54 and a beta of 0.89. Abercrombie & Fitch Company has a 52-week low of $65.45 and a 52-week high of $133.11.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last issued its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.21. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm’s revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.59 EPS. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. On average, sell-side analysts predict that Abercrombie & Fitch Company will post 10.46 earnings per share for the current year.

Hedge Funds Weigh In On Abercrombie & Fitch

Several institutional investors have recently bought and sold shares of ANF. NewEdge Advisors LLC grew its holdings in shares of Abercrombie & Fitch by 181.6% during the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC raised its holdings in shares of Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after buying an additional 190 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 148 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in Abercrombie & Fitch by 94.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after buying an additional 170 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in Abercrombie & Fitch during the 4th quarter worth about $44,000.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ANF shares. Barclays lifted their price objective on Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. Telsey Advisory Group cut their target price on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a research report on Thursday, May 28th. BTIG Research reaffirmed a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Abercrombie & Fitch in a research report on Tuesday, June 2nd. Finally, UBS Group cut their price objective on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a report on Thursday, May 28th. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Abercrombie & Fitch currently has a consensus rating of “Moderate Buy” and an average price target of $111.91.

Check Out Our Latest Stock Report on Abercrombie & Fitch

About Abercrombie & Fitch

(Get Free Report)

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.

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Insider Buying and Selling by Quarter for Abercrombie & Fitch (NYSE:ANF)

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