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 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 $17,541,410. This trade represents a 6.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Abercrombie & Fitch Stock Down 0.5%

Shares of ANF traded down $0.55 during midday trading on Tuesday, reaching $117.98. The company had a trading volume of 1,101,188 shares, compared to its average volume of 1,383,320. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11. The firm has a 50 day simple moving average of $92.74 and a 200-day simple moving average of $90.45. The stock has a market cap of $5.24 billion, a PE ratio of 11.32 and a beta of 0.90.

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

Analyst Ratings Changes

ANF has been the subject of several analyst reports. Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a research report on Thursday, May 21st. Needham & Company LLC restated a “buy” rating and issued a $108.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. BTIG Research reiterated a “buy” rating and set a $120.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Finally, JPMorgan Chase & Co. raised their price objective on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $115.18.

Hedge Funds Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ANF. Versant Capital Management Inc raised its stake in Abercrombie & Fitch by 29.8% during the 2nd quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock worth $55,000 after acquiring an additional 140 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Abercrombie & Fitch by 17.6% during the 3rd quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock worth $83,000 after acquiring an additional 145 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 148 shares during the period. Public Employees Retirement System of Ohio increased its stake in Abercrombie & Fitch by 19.4% in the 4th quarter. Public Employees Retirement System of Ohio now owns 928 shares of the apparel retailer’s stock valued at $117,000 after purchasing an additional 151 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its position in 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 purchasing an additional 151 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.