Insider Selling: Abercrombie & Fitch (NYSE:ANF) COO Sells $1,150,000.00 in Stock

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

Abercrombie & Fitch Stock Down 2.9%

Shares of ANF opened at $109.00 on Friday. Abercrombie & Fitch Company has a 52-week low of $65.45 and a 52-week high of $133.11. The stock has a market cap of $4.84 billion, a PE ratio of 10.46 and a beta of 0.90. The firm’s fifty day moving average is $94.91 and its two-hundred day moving average is $90.78.

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

Institutional Investors Weigh In On Abercrombie & Fitch

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its position in Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC increased its position in shares of Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after acquiring an additional 190 shares during the last quarter. Larson Financial Group LLC increased its position in shares of Abercrombie & Fitch by 120.3% during the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after acquiring an additional 148 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of Abercrombie & Fitch by 94.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after acquiring an additional 170 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Abercrombie & Fitch in the 4th quarter valued at approximately $44,000.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. BTIG Research restated a “buy” rating and set a $120.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $108.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. JPMorgan Chase & Co. lifted their price objective on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Morgan Stanley reissued an “equal weight” rating and set a $87.00 price objective on shares of Abercrombie & Fitch in a research note on Monday, July 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $117.55.

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.