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

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 10,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief operating officer directly owned 162,534 shares of the company’s stock, valued at $17,878,740. This trade represents a 5.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Abercrombie & Fitch Trading Up 1.3%

NYSE ANF opened at $110.86 on Friday. The stock’s 50 day moving average is $91.18 and its two-hundred day moving average is $90.27. The company has a market capitalization of $4.93 billion, a price-to-earnings ratio of 10.64 and a beta of 0.90. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data 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. 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 prior year, the company posted $1.59 EPS. The company’s revenue 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, analysts predict that Abercrombie & Fitch Company will post 10.46 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on ANF shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. boosted their target price on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Barclays upped their target price on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Raymond James Financial set a $92.00 target price on shares of Abercrombie & Fitch in a research report on Thursday, May 21st. Finally, BTIG Research reissued a “buy” rating and set a $120.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.91.

Institutional Investors Weigh In On Abercrombie & Fitch

Large investors have recently bought and sold shares of the business. Versant Capital Management Inc grew its position in shares of Abercrombie & Fitch by 29.8% in the 2nd quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock valued at $55,000 after acquiring an additional 140 shares during the period. Parallel Advisors LLC raised its holdings in shares of Abercrombie & Fitch by 17.6% in the 3rd quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock valued at $83,000 after purchasing an additional 145 shares during the period. Larson Financial Group LLC lifted its stake in Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 148 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in Abercrombie & Fitch by 3.9% during the fourth quarter. Kestra Advisory Services LLC now owns 4,055 shares of the apparel retailer’s stock worth $510,000 after purchasing an additional 151 shares during the period. Finally, Public Employees Retirement System of Ohio grew its holdings in Abercrombie & Fitch by 19.4% during the fourth quarter. Public Employees Retirement System of Ohio now owns 928 shares of the apparel retailer’s stock worth $117,000 after purchasing an additional 151 shares during the period.

About Abercrombie & Fitch

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.