Abercrombie & Fitch (NYSE:ANF) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Abercrombie & Fitch shares moved above their 200-day moving average, trading as high as $139.24 and recently changing hands at $136.39, versus a 200-day average of $97.69.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $155.38; recent targets range from $160 to $185.
• The company reported strong quarterly results, posting $4.17 in EPS versus the $1.99 consensus estimate and $1.27 billion in revenue. However, insiders sold 72,800 shares worth approximately $9.6 million over the past 90 days.

Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $97.69 and traded as high as $139.24. Abercrombie & Fitch shares last traded at $136.39, with a volume of 935,750 shares trading hands.

Analysts Set New Price Targets

A number of research firms have issued reports on ANF. Needham & Company LLC lifted their target price on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the company a "buy" rating in a research note on Wednesday, August 26th. BMO Capital Markets initiated coverage on shares of Abercrombie & Fitch in a research note on Tuesday, September 8th. They set an "outperform" rating and a $170.00 price target on the stock. UBS Group raised their price target on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Telsey Advisory Group lifted their price objective on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the company an "outperform" rating in a research note on Thursday, August 27th. Finally, The Goldman Sachs Group set a $160.00 price objective on shares of Abercrombie & Fitch in a report on Thursday, August 27th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $155.38.

Abercrombie & Fitch Stock Up 0.5%

The business has a 50-day simple moving average of $118.94 and a 200-day simple moving average of $97.69. The stock has a market cap of $5.79 billion, a P/E ratio of 11.68, a PEG ratio of 1.19 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating analysts' consensus estimates 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 company's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.91 earnings per share. 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, analysts predict that Abercrombie & Fitch Company will post 11.42 earnings per share for the current fiscal year.

Insider Activity

In other Abercrombie & Fitch news, COO Scott Lipesky sold 10,000 shares of the company's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the completion of the sale, the chief operating officer directly owned 152,534 shares in the company, valued at $17,541,410. This represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 completion of the sale, the director directly owned 7,169 shares in the company, valued at approximately $1,073,127.61. This represents a 10.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 72,800 shares of company stock worth $9,595,392 in the last 90 days. Insiders own 2.33% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Larson Financial Group LLC boosted its position in shares of Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer's stock valued at $34,000 after acquiring an additional 148 shares during the period. Timbuktu Capital Management LLC acquired a new stake in shares of Abercrombie & Fitch in the second quarter worth $29,000. Nomura Asset Management Co. Ltd. increased its position in Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer's stock worth $44,000 after acquiring an additional 170 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Abercrombie & Fitch during the fourth quarter worth $56,000. Finally, 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 valued at $55,000 after purchasing an additional 140 shares during the last quarter.

About Abercrombie & Fitch

Abercrombie & Fitch Co is a global, omnichannel specialty retailer that sells casual apparel, accessories and personal-care products through company-operated stores and digital channels. The company serves customers through its Abercrombie, abercrombie kids, Hollister and Gilly Hicks brands, which target a range of consumers and lifestyles.

Abercrombie & Fitch offers products including jeans, tops, dresses, outerwear, intimates, sleepwear, swimwear, accessories and fragrances. Its brands operate through retail locations and e-commerce platforms, with sales across North America, Europe, Asia and other international markets.

Founded in 1892 as an outdoor-goods retailer in New York City, the company later developed into a youth-focused apparel retailer and has since broadened its brand portfolio and customer appeal.

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