Arista Wealth Management LLC Acquires Shares of 4,000 Abercrombie & Fitch Company $ANF

Arista Wealth Management LLC acquired a new stake in Abercrombie & Fitch Company (NYSE:ANF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,000 shares of the apparel retailer’s stock, valued at approximately $331,000.

Several other large investors also recently bought and sold shares of the company. Valeo Financial Advisors LLC grew its position in Abercrombie & Fitch by 1.8% in the second quarter. Valeo Financial Advisors LLC now owns 9,569 shares of the apparel retailer’s stock valued at $793,000 after acquiring an additional 173 shares in the last quarter. Voya Investment Management LLC grew its position in Abercrombie & Fitch by 0.6% in the first quarter. Voya Investment Management LLC now owns 31,095 shares of the apparel retailer’s stock valued at $2,375,000 after acquiring an additional 180 shares in the last quarter. Covestor Ltd grew its position in Abercrombie & Fitch by 21.9% in the first quarter. Covestor Ltd now owns 1,456 shares of the apparel retailer’s stock valued at $111,000 after acquiring an additional 262 shares in the last quarter. Reyes Financial Architecture Inc. grew its position in Abercrombie & Fitch by 68.0% in the first quarter. Reyes Financial Architecture Inc. now owns 904 shares of the apparel retailer’s stock valued at $69,000 after acquiring an additional 366 shares in the last quarter. Finally, Bayforest Capital Ltd grew its position in Abercrombie & Fitch by 102.9% in the first quarter. Bayforest Capital Ltd now owns 848 shares of the apparel retailer’s stock valued at $65,000 after acquiring an additional 430 shares in the last quarter.

Abercrombie & Fitch Price Performance

Shares of ANF opened at $68.41 on Friday. The business’s fifty day moving average price is $88.48 and its 200 day moving average price is $83.72. Abercrombie & Fitch Company has a 12-month low of $65.40 and a 12-month high of $164.80. The stock has a market capitalization of $3.22 billion, a PE ratio of 6.47 and a beta of 1.45.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.05. Abercrombie & Fitch had a return on equity of 40.02% and a net margin of 10.61%.The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period last year, the business posted $2.50 earnings per share. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. Abercrombie & Fitch has set its FY 2025 guidance at 10.000-10.500 EPS. Q3 2025 guidance at 2.050-2.250 EPS. As a group, research analysts anticipate that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ANF shares. BTIG Research started coverage on Abercrombie & Fitch in a research note on Thursday, September 18th. They set a “buy” rating and a $120.00 target price for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Abercrombie & Fitch in a research note on Wednesday, October 8th. Citigroup reiterated a “neutral” rating and set a $105.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, August 20th. Raymond James Financial set a $105.00 target price on Abercrombie & Fitch and gave the company an “outperform” rating in a research note on Thursday, August 28th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $125.00 target price on shares of Abercrombie & Fitch in a research note on Friday, September 12th. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $111.11.

Insider Buying and Selling

In related news, Director Kenneth B. Robinson sold 1,392 shares of the firm’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $94.60, for a total transaction of $131,683.20. Following the transaction, the director directly owned 5,880 shares in the company, valued at $556,248. This trade represents a 19.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James A. Goldman sold 5,072 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $96.18, for a total value of $487,824.96. Following the transaction, the director owned 7,565 shares in the company, valued at $727,601.70. This trade represents a 40.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,964 shares of company stock worth $759,233 over the last ninety days. 2.29% of the stock is owned by insiders.

About Abercrombie & Fitch

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.