Abercrombie & Fitch (NYSE:ANF) COO Scott Lipesky 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 stock was sold at an average price of $149.00, for a total transaction of $745,000.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Abercrombie & Fitch Stock Performance

Shares of NYSE ANF traded down $2.54 during midday trading on Tuesday, hitting $140.54. The company’s stock had a trading volume of 1,730,721 shares, compared to its average volume of 1,496,324. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $154.58. The firm’s fifty day moving average price is $103.16 and its 200-day moving average price is $92.69. The firm has a market cap of $6.24 billion, a P/E ratio of 12.03 and a beta of 0.90.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, topping the consensus estimate of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the business earned $2.91 earnings per share. Abercrombie & Fitch’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. As a group, research analysts predict that Abercrombie & Fitch Company will post 11.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ANF. Morgan Stanley upped their price objective on Abercrombie & Fitch from $87.00 to $134.00 and gave the stock 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 research note on Friday. Raymond James Financial reissued a “market perform” rating on shares of Abercrombie & Fitch in a report on Tuesday, August 18th. Barclays upped their price target on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 27th. Finally, Jefferies Financial Group set a $175.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Abercrombie & Fitch has an average rating of “Moderate Buy” and a consensus price target of $154.17.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ANF. Transamerica Financial Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 322.0% during the fourth 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 during the period. Larson Financial Group LLC raised its stake 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 valued at $34,000 after purchasing an additional 148 shares in the last quarter. Timbuktu Capital Management LLC acquired a new stake in Abercrombie & Fitch in the second quarter worth about $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in Abercrombie & Fitch in the fourth quarter worth about $44,000. Finally, Nomura Asset Management Co. Ltd. grew its position in Abercrombie & Fitch by 94.4% in the 4th 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 in the last quarter.

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.