Insider Selling: Abercrombie & Fitch (NYSE:ANF) COO Sells $745,000.00 in Stock

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

Abercrombie & Fitch Stock Performance

Shares of Abercrombie & Fitch stock opened at $143.73 on Friday. Abercrombie & Fitch Company has a fifty-two week low of $65.45 and a fifty-two week high of $154.58. The company has a market capitalization of $6.39 billion, a P/E ratio of 12.31, a P/E/G ratio of 1.20 and a beta of 0.97. The company has a fifty day moving average of $106.32 and a 200 day moving average of $93.70.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly 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. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same period last year, the firm earned $2.91 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis. 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. Analysts forecast that Abercrombie & Fitch Company will post 11.4 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. BTIG Research increased their price objective on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 26th. Weiss Ratings raised shares of Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 14th. Argus upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 target price for the company in a research report on Monday. Zacks Research raised shares of Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 28th. Finally, The Goldman Sachs Group set a $160.00 price target on shares of Abercrombie & Fitch in a report on Thursday, August 27th. One investment 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $154.17.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System grew 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 buying an additional 4,618,988 shares in the last quarter. Bbfit Investments PTE Ltd. purchased a new stake in shares of Abercrombie & Fitch during the 4th quarter valued at about $205,539,000. Wellington Management Group LLP lifted its holdings in shares of Abercrombie & Fitch by 5,749.6% in the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after acquiring an additional 1,173,601 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Abercrombie & Fitch by 56.0% in the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock valued at $315,209,000 after acquiring an additional 898,884 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Abercrombie & Fitch in the 4th quarter valued at about $98,961,000.

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.