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 firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $115.00, for a total value of $1,150,000.00. Following the transaction, the chief operating officer directly owned 152,534 shares in the company, valued at approximately $17,541,410. This represents a 6.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Abercrombie & Fitch Trading Down 4.6%

Shares of ANF stock opened at $112.56 on Thursday. Abercrombie & Fitch Company has a twelve month low of $65.45 and a twelve month high of $133.11. The business’s 50 day moving average is $94.29 and its two-hundred day moving average is $90.69. The company has a market capitalization of $5.00 billion, a P/E ratio of 10.80 and a beta of 0.90.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (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 company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the previous year, the company posted $1.59 EPS. Abercrombie & Fitch’s 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, equities analysts predict that Abercrombie & Fitch Company will post 10.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ANF. Versant Capital Management Inc lifted its position in shares of Abercrombie & Fitch by 29.8% in the second quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock valued at $55,000 after acquiring an additional 140 shares in the last quarter. Parallel Advisors LLC raised its stake in Abercrombie & Fitch by 17.6% in the 3rd quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock valued at $83,000 after purchasing an additional 145 shares during the last quarter. Larson Financial Group LLC raised its stake in Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 148 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in Abercrombie & Fitch by 3.9% in the 4th quarter. Kestra Advisory Services LLC now owns 4,055 shares of the apparel retailer’s stock valued at $510,000 after purchasing an additional 151 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in shares of Abercrombie & Fitch by 19.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 928 shares of the apparel retailer’s stock worth $117,000 after purchasing an additional 151 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Jefferies Financial Group upped their target price on shares of Abercrombie & Fitch from $110.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday. UBS Group reiterated a “buy” rating and set a $153.00 price target (up from $136.00) on shares of Abercrombie & Fitch in a research report on Wednesday. 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 report on Thursday, May 28th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $124.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $117.55.

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.