Scott Lipesky Sells 10,000 Shares of Abercrombie & Fitch (NYSE:ANF) 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 stock was sold at an average price of $105.00, for a total value of $1,050,000.00. Following the completion of the transaction, the chief operating officer owned 172,534 shares in the company, valued at $18,116,070. This represents a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Abercrombie & Fitch Stock Performance

Shares of ANF opened at $100.49 on Friday. The firm has a market cap of $4.46 billion, a PE ratio of 9.64 and a beta of 0.89. The firm’s 50 day moving average price is $88.28 and its 200 day moving average price is $90.13. Abercrombie & Fitch Company has a twelve month low of $65.45 and a twelve month high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last posted its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, topping 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 company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the firm posted $1.59 earnings per share. The company’s revenue for the quarter 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. On average, sell-side analysts anticipate that Abercrombie & Fitch Company will post 10.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on ANF. UBS Group lowered their target price on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a research report on Thursday, May 28th. JPMorgan Chase & Co. upped their price target on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a report on Thursday, May 21st. Barclays raised their price objective on Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Finally, BTIG Research restated a “buy” rating and issued a $120.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $111.91.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of hedge funds have recently bought and sold shares of ANF. Versant Capital Management Inc grew its holdings in Abercrombie & Fitch by 29.8% in the 2nd quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock valued at $55,000 after buying an additional 140 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Abercrombie & Fitch by 17.6% during the third quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock worth $83,000 after buying an additional 145 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Abercrombie & Fitch by 120.3% during the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after buying an additional 148 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Abercrombie & Fitch by 3.9% during the fourth quarter. Kestra Advisory Services LLC now owns 4,055 shares of the apparel retailer’s stock worth $510,000 after buying an additional 151 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Abercrombie & Fitch by 19.4% in the fourth quarter. Public Employees Retirement System of Ohio now owns 928 shares of the apparel retailer’s stock valued at $117,000 after acquiring an additional 151 shares during the period.

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.