Abercrombie & Fitch (NYSE:ANF) COO Scott Lipesky Sells 2,000 Shares of Stock

Abercrombie & Fitch Company (NYSE:ANFGet Free Report) COO Scott Lipesky sold 2,000 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $146.82, for a total value of $293,640.00. Following the sale, the chief operating officer owned 145,534 shares in the company, valued at $21,367,301.88. The trade was a 1.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Abercrombie & Fitch Stock Up 0.7%

Shares of ANF traded up $1.03 during mid-day trading on Wednesday, hitting $152.47. 1,470,179 shares of the company traded hands, compared to its average volume of 1,500,909. The company has a market capitalization of $6.77 billion, a PE ratio of 13.05, a price-to-earnings-growth ratio of 1.31 and a beta of 0.97. The business has a 50 day moving average of $109.93 and a 200 day moving average of $94.89. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $155.22.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last released its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, topping the consensus estimate of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the previous year, the firm earned $2.91 EPS. Abercrombie & Fitch’s revenue was up 4.8% compared to the same quarter last year. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. As a group, research analysts expect that Abercrombie & Fitch Company will post 11.4 EPS for the current fiscal year.

Institutional Trading of Abercrombie & Fitch

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. raised their target price on Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 18th. Argus raised Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 price objective on the stock in a report on Monday, August 31st. Telsey Advisory Group lifted their target price on Abercrombie & Fitch from $118.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, August 27th. Raymond James Financial reiterated a “market perform” rating on shares of Abercrombie & Fitch in a report on Tuesday, August 18th. Finally, BTIG Research lifted their price objective on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $155.38.

Read Our Latest Stock Analysis on ANF

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.

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

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