Insider Selling: Abercrombie & Fitch (NYSE:ANF) COO Sells $1,100,000.00 in Stock

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $110.00, for a total transaction of $1,100,000.00. Following the sale, the chief operating officer owned 162,534 shares of the company’s stock, valued at $17,878,740. The trade was a 5.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Abercrombie & Fitch Stock Performance

Shares of NYSE ANF traded up $1.41 during trading on Thursday, hitting $110.86. The company had a trading volume of 827,635 shares, compared to its average volume of 1,390,150. The company has a market cap of $4.93 billion, a P/E ratio of 10.64 and a beta of 0.90. The business’s 50-day moving average is $90.60 and its 200 day moving average is $90.22. Abercrombie & Fitch Company has a 52 week low of $65.45 and a 52 week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the previous year, the firm earned $1.59 earnings per share. Abercrombie & Fitch’s revenue for the quarter was up 1.5% compared to the same quarter last year. 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, research analysts expect that Abercrombie & Fitch Company will post 10.46 EPS for the current year.

Hedge Funds Weigh In On Abercrombie & Fitch

Institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC raised its stake in Abercrombie & Fitch by 322.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after purchasing an additional 190 shares during the last quarter. Larson Financial Group LLC lifted its stake 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 period. Nomura Asset Management Co. Ltd. increased its position in shares of Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 170 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Abercrombie & Fitch during the 4th quarter worth about $44,000.

Analysts Set New Price Targets

ANF has been the subject of a number of recent analyst reports. UBS Group decreased their price objective on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, May 28th. Barclays upped their price objective on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Morgan Stanley restated an “equal weight” rating and set a $87.00 price target on shares of Abercrombie & Fitch in a report on Monday, July 6th. Needham & Company LLC reissued a “buy” rating and set a $108.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Finally, Raymond James Financial set a $92.00 target price on Abercrombie & Fitch in a research report on Thursday, May 21st. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Abercrombie & Fitch currently has an average rating of “Moderate Buy” and an average price target of $111.91.

Abercrombie & Fitch Company Profile

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.