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

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

Abercrombie & Fitch Stock Performance

Shares of NYSE:ANF traded down $0.55 during trading on Tuesday, reaching $117.98. 1,101,188 shares of the stock traded hands, compared to its average volume of 1,383,320. The stock has a market cap of $5.24 billion, a P/E ratio of 11.32 and a beta of 0.90. The stock has a 50-day moving average of $92.74 and a two-hundred day moving average of $90.45. Abercrombie & Fitch Company has a 52-week low of $65.45 and a 52-week high of $133.11.

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

Institutional Investors Weigh In On Abercrombie & Fitch

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ANF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Abercrombie & Fitch by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock valued at $2,254,000 after purchasing an additional 892 shares during the period. Jones Financial Companies Lllp lifted its stake in Abercrombie & Fitch by 521.1% in the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock valued at $76,000 after buying an additional 839 shares in the last quarter. United Services Automobile Association purchased a new position in Abercrombie & Fitch in the 1st quarter valued at about $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Abercrombie & Fitch by 8.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock worth $9,729,000 after buying an additional 10,459 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in Abercrombie & Fitch during the 2nd quarter worth approximately $348,000.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Morgan Stanley reiterated an “equal weight” rating and issued a $87.00 target price on shares of Abercrombie & Fitch in a research note on Monday, July 6th. Telsey Advisory Group cut their price target on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, May 28th. Raymond James Financial set a $92.00 price target on shares of Abercrombie & Fitch in a research note on Thursday, May 21st. 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 report on Thursday, May 28th. Finally, BTIG Research restated a “buy” rating and issued a $120.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. 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, the company currently has an average rating of “Moderate Buy” and an average target price of $115.18.

Get Our Latest Stock Analysis on Abercrombie & Fitch

Abercrombie & Fitch Company Profile

(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.

Featured Articles

Insider Buying and Selling by Quarter for Abercrombie & Fitch (NYSE:ANF)

Receive News & Ratings for Abercrombie & Fitch Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch and related companies with MarketBeat.com's FREE daily email newsletter.