Insider Selling: Abercrombie & Fitch (NYSE:ANF) EVP Sells 30,000 Shares

Abercrombie & Fitch Company (NYSE:ANF) EVP Gregory Henchel sold 30,000 shares of Abercrombie & Fitch stock in a transaction on Friday, August 28th. The stock was sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the completion of the transaction, the executive vice president directly owned 33,681 shares in the company, valued at approximately $4,939,318.65. The trade was a 47.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Abercrombie & Fitch Price Performance

ANF traded down $2.54 during trading on Tuesday, hitting $140.54. 1,730,721 shares of the stock traded hands, compared to its average volume of 1,496,324. The firm has a market capitalization of $6.24 billion, a P/E ratio of 12.03 and a beta of 0.90. The firm has a 50-day moving average of $103.16 and a 200 day moving average of $92.69. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $154.58.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (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 analysts’ expectations 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 for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.91 earnings per share. 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, equities analysts predict that Abercrombie & Fitch Company will post 11.4 EPS for the current fiscal year.

Institutional Investors Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ANF. Corient Private Wealth LP boosted its holdings in shares of Abercrombie & Fitch by 85.6% during the 2nd quarter. Corient Private Wealth LP now owns 7,869 shares of the apparel retailer’s stock valued at $708,000 after buying an additional 3,630 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Abercrombie & Fitch in the 2nd quarter worth about $819,000. California State Teachers Retirement System increased its stake in shares of Abercrombie & Fitch by 8,792.9% in the 2nd quarter. California State Teachers Retirement System now owns 4,671,519 shares of the apparel retailer’s stock worth $420,483,000 after acquiring an additional 4,618,988 shares in the last quarter. Paralel Advisors LLC purchased a new position in Abercrombie & Fitch during the 2nd quarter valued at about $2,278,000. Finally, AlphaGrep UK Ltd purchased a new position in Abercrombie & Fitch during the 2nd quarter valued at about $303,000.

Analysts Set New Price Targets

A number of equities analysts recently commented on ANF shares. Citigroup downgraded Abercrombie & Fitch from a “buy” rating to a “neutral” rating and upped their target price for the company from $135.00 to $156.00 in a report on Thursday, August 27th. The Goldman Sachs Group set a $160.00 price target on shares of Abercrombie & Fitch in a report on Thursday, August 27th. Argus raised shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 price objective on the stock in a research report on Monday. Telsey Advisory Group upped their price objective on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, August 27th. Finally, BTIG Research lifted their target price 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 research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently 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.