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 business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $110.00, for a total value of $1,100,000.00. Following the completion of the transaction, the chief operating officer directly owned 162,534 shares of the company’s stock, valued at approximately $17,878,740. This trade represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Abercrombie & Fitch Stock Performance

Abercrombie & Fitch stock traded up $1.41 during trading on Thursday, hitting $110.86. The company’s stock had a trading volume of 827,635 shares, compared to its average volume of 1,390,150. The stock’s fifty day moving average is $90.60 and its 200 day moving average is $90.22. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 10.64 and a beta of 0.90.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the business posted $1.59 EPS. 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, research analysts anticipate that Abercrombie & Fitch Company will post 10.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Barclays lifted their price target on Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a research note on Thursday, May 28th. Morgan Stanley restated an “equal weight” rating and issued a $87.00 price target on shares of Abercrombie & Fitch in a research report on Monday, July 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. BTIG Research reissued a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Finally, Telsey Advisory Group cut their target price on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research note on Thursday, May 28th. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Abercrombie & Fitch has a consensus rating of “Moderate Buy” and an average price target of $111.91.

Institutional Trading of Abercrombie & Fitch

A number of institutional investors have recently made changes to their positions in the stock. Handelsbanken Fonder AB increased its stake in shares of Abercrombie & Fitch by 9.5% during the second quarter. Handelsbanken Fonder AB now owns 15,000 shares of the apparel retailer’s stock valued at $1,350,000 after acquiring an additional 1,300 shares during the period. Waller Financial Planning Group Inc. acquired a new position in shares of Abercrombie & Fitch during the 2nd quarter valued at $244,000. Versant Capital Management Inc raised its stake in shares of Abercrombie & Fitch by 29.8% in the 2nd quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock worth $55,000 after buying an additional 140 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Abercrombie & Fitch by 31.7% in the first quarter. Pacer Advisors Inc. now owns 189,757 shares of the apparel retailer’s stock valued at $17,338,000 after buying an additional 45,654 shares during the period. Finally, Parallel Advisors LLC boosted its stake in Abercrombie & Fitch by 46.7% during the first quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer’s stock valued at $72,000 after buying an additional 251 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.