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

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 10,000 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $105.00, for a total value of $1,050,000.00. Following the completion of the sale, the chief operating officer directly owned 172,534 shares of the company’s stock, valued at $18,116,070. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Abercrombie & Fitch Price Performance

ANF stock traded down $0.78 on Wednesday, reaching $102.38. 939,987 shares of the company were exchanged, compared to its average volume of 1,408,963. Abercrombie & Fitch Company has a 12 month low of $65.45 and a 12 month high of $133.11. The stock’s fifty day moving average price is $87.24 and its 200 day moving average price is $90.49. The firm has a market capitalization of $4.55 billion, a PE ratio of 9.83 and a beta of 0.89.

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

Institutional Trading of Abercrombie & Fitch

Several institutional investors have recently made changes to their positions in ANF. Handelsbanken Fonder AB raised its position in Abercrombie & Fitch by 9.5% in the second quarter. Handelsbanken Fonder AB now owns 15,000 shares of the apparel retailer’s stock worth $1,350,000 after purchasing an additional 1,300 shares in the last quarter. Waller Financial Planning Group Inc. bought a new stake in shares of Abercrombie & Fitch in the 2nd quarter valued at approximately $244,000. Versant Capital Management Inc raised its holdings 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 worth $55,000 after buying an additional 140 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of Abercrombie & Fitch by 31.7% during the 1st quarter. Pacer Advisors Inc. now owns 189,757 shares of the apparel retailer’s stock worth $17,338,000 after buying an additional 45,654 shares during the period. Finally, Parallel Advisors LLC boosted its stake in Abercrombie & Fitch by 46.7% in the 1st quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer’s stock valued at $72,000 after buying an additional 251 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. Telsey Advisory Group lowered their price target on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research note on Thursday, May 28th. BTIG Research reaffirmed a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Morgan Stanley reiterated an “equal weight” rating and issued a $87.00 price objective on shares of Abercrombie & Fitch in a research report on Monday, July 6th. Finally, 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 report on Thursday, May 28th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $111.91.

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.