Abercrombie & Fitch (NYSE:ANF) COO Scott Lipesky Sells 10,000 Shares of Stock

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 10,000 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the sale, the chief operating officer directly owned 152,534 shares in the company, valued at $17,541,410. This trade represents a 6.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Abercrombie & Fitch Trading Down 0.5%

ANF stock opened at $117.98 on Wednesday. The stock has a 50-day moving average price of $93.56 and a 200-day moving average price of $90.58. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11. The firm has a market cap of $5.24 billion, a PE ratio of 11.32 and a beta of 0.90.

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ANF. NewEdge Advisors LLC raised its holdings in shares of Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after acquiring an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC boosted 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 increased its holdings in Abercrombie & Fitch by 120.3% during the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 148 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of Abercrombie & Fitch by 94.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after purchasing an additional 170 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Abercrombie & Fitch in the fourth quarter worth approximately $44,000.

Analysts Set New Price Targets

A number of research firms recently issued reports on ANF. Needham & Company LLC reiterated a “buy” rating and set a $108.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Telsey Advisory Group reduced their price target on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday, May 28th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $87.00 price target on shares of Abercrombie & Fitch in a research note on Monday, July 6th. BTIG Research reiterated a “buy” rating and set a $120.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Finally, Barclays raised shares of Abercrombie & Fitch from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $78.00 to $114.00 in a research report on Tuesday. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $115.18.

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.