Insider Selling: Abercrombie & Fitch (NYSE:ANF) Director Sells 800 Shares of Stock

Abercrombie & Fitch Company (NYSE:ANF) Director Kenneth Robinson sold 800 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $149.69, for a total value of $119,752.00. Following the sale, the director owned 7,169 shares of the company’s stock, valued at $1,073,127.61. This represents a 10.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Abercrombie & Fitch Trading Down 1.8%

ANF stock traded down $2.54 during midday trading on Tuesday, reaching $140.54. The company had a trading volume of 1,730,721 shares, compared to its average volume of 1,496,324. The company has a market capitalization of $6.24 billion, a P/E ratio of 12.03 and a beta of 0.90. The company has a 50 day moving average of $103.16 and a two-hundred day moving average of $92.69. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $154.58.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $2.18. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the business posted $2.91 EPS. 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. On average, sell-side analysts anticipate that Abercrombie & Fitch Company will post 11.4 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on ANF shares. UBS Group increased their target price on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Needham & Company LLC lifted their price objective on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, August 26th. Telsey Advisory Group upped their price objective on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. BTIG Research boosted their price objective on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 26th. Finally, Weiss Ratings raised shares of Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $154.17.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ANF. Timbuktu Capital Management LLC purchased a new position in shares of Abercrombie & Fitch in the second quarter worth $29,000. NewEdge Advisors LLC grew its holdings in shares of Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC grew its stake in Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 190 shares in the last quarter. Larson Financial Group LLC grew its holdings in Abercrombie & Fitch by 120.3% during 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 in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of 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 acquiring an additional 170 shares during the period.

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.