Abercrombie & Fitch (NYSE:ANF) COO Sells 5,000 Shares

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 5,000 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of $149.00, for a total value of $745,000.00. Following the completion of the transaction, the chief operating officer directly owned 147,534 shares in the company, valued at $21,982,566. This trade represents a 3.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Abercrombie & Fitch Stock Performance

NYSE ANF traded down $2.54 during trading on Tuesday, reaching $140.54. 1,730,721 shares of the company’s stock were exchanged, compared to its average volume of 1,496,324. The stock has a market cap of $6.24 billion, a P/E ratio of 12.03 and a beta of 0.90. The company has a 50 day moving average price of $103.16 and a two-hundred day moving average price of $92.69. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $154.58.

Abercrombie & Fitch (NYSE:ANF) last posted its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The company’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $2.91 EPS. 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. Research analysts forecast that Abercrombie & Fitch Company will post 11.4 EPS for the current fiscal year.

Institutional Investors Weigh In On Abercrombie & Fitch

Hedge funds and other institutional investors have recently bought and sold shares of the business. Timbuktu Capital Management LLC acquired a new position in shares of Abercrombie & Fitch in the 2nd quarter valued at approximately $29,000. NewEdge Advisors LLC grew its position in shares of Abercrombie & Fitch by 181.6% during the second 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 raised its stake in shares of Abercrombie & Fitch by 322.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after purchasing an additional 190 shares in the last quarter. Larson Financial Group LLC increased its holdings in 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 buying an additional 148 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its holdings in Abercrombie & Fitch by 94.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after buying an additional 170 shares during the last quarter.

Analysts Set New Price Targets

A number of analysts recently commented on ANF shares. UBS Group boosted their price objective on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Morgan Stanley boosted their target price on shares of Abercrombie & Fitch from $87.00 to $134.00 and gave the company an “equal weight” rating in a research note on Thursday, August 27th. Zacks Research upgraded Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a report on Friday. Needham & Company LLC boosted their target price on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, August 26th. Finally, Barclays upped their price target on Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.17.

Abercrombie & Fitch Company Profile

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.