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

Abercrombie & Fitch Company (NYSE:ANFGet Free Report) COO Scott Lipesky sold 10,000 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were 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. This trade represents a 5.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Abercrombie & Fitch Trading Up 1.9%

ANF opened at $112.55 on Friday. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11. The company has a market cap of $5.00 billion, a price-to-earnings ratio of 10.80 and a beta of 0.90. The company’s fifty day moving average price is $91.88 and its two-hundred day moving average price is $90.42.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. The firm 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 business’s revenue was up 1.5% on a year-over-year basis. During the same period last year, the company 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, equities analysts forecast that Abercrombie & Fitch Company will post 10.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on ANF shares. Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a research note on Thursday, May 21st. Barclays lifted their target price on Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. JPMorgan Chase & Co. upped their price target on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. BTIG Research reissued a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Finally, Morgan Stanley restated an “equal weight” rating and set a $87.00 price objective on shares of Abercrombie & Fitch in a research note on Monday, July 6th. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $111.91.

View Our Latest Stock Report on Abercrombie & Fitch

Institutional Investors Weigh In On Abercrombie & Fitch

A number of institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its position 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 worth $29,000 after buying an additional 227 shares in the last quarter. Transamerica Financial Advisors LLC grew its holdings in shares of Abercrombie & Fitch by 322.0% in 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 in the last quarter. Larson Financial Group LLC grew its holdings 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 acquiring an additional 148 shares in the last quarter. 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 acquiring an additional 170 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Abercrombie & Fitch during the fourth quarter valued at approximately $44,000.

About Abercrombie & Fitch

(Get Free Report)

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.

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