Abercrombie & Fitch (NYSE:ANF) Shares Cross Above 200-Day Moving Average - Time to Sell?

Key Points

• Abercrombie & Fitch shares rose above their 200-day moving average, reaching $150.87 and last trading near $149.56, compared with a 200-day average of $103.91.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $155.38; UBS set the highest cited target at $185.
• The company recently beat quarterly expectations, reporting $4.17 EPS versus a $1.99 estimate and $1.27 billion in revenue, though insiders sold 72,800 shares worth roughly $9.6 million in the last quarter.

Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $103.91 and traded as high as $150.87. Abercrombie & Fitch shares last traded at $149.5550, with a volume of 1,356,738 shares changing hands.

Analysts Set New Price Targets

ANF has been the subject of a number of research reports. Wall Street Zen upgraded Abercrombie & Fitch from a "hold" rating to a "buy" rating in a report on Saturday, September 12th. JPMorgan Chase & Co. increased their target price on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a "neutral" rating in a report on Tuesday, August 18th. Morgan Stanley boosted their price target on Abercrombie & Fitch from $87.00 to $134.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 27th. UBS Group raised their target price on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the company a "buy" rating in a research note on Thursday, August 27th. Finally, The Goldman Sachs Group set a $160.00 target price on shares of Abercrombie & Fitch in a research report on Thursday, August 27th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $155.38.

Abercrombie & Fitch Trading Down 0.9%

The firm has a 50-day simple moving average of $132.64 and a two-hundred day simple moving average of $103.91. The company has a market capitalization of $6.35 billion, a price-to-earnings ratio of 12.80, a P/E/G ratio of 1.32 and a beta of 1.02.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $2.18. The business had revenue of $1.27 billion during the quarter, compared to analysts' expectations of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Equities research analysts anticipate that Abercrombie & Fitch Company will post 11.42 EPS for the current year.

Insider Activity

In other news, COO Scott Lipesky sold 10,000 shares of Abercrombie & Fitch stock in a transaction that occurred on 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 transaction, the chief operating officer directly owned 152,534 shares of the company's stock, valued at $17,541,410. The trade was a 6.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kenneth Robinson sold 800 shares of the firm's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $149.69, for a total transaction of $119,752.00. Following the sale, the director owned 7,169 shares in the company, valued at approximately $1,073,127.61. This represents a 10.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 72,800 shares of company stock valued at $9,595,392 in the last quarter. Company insiders own 2.33% of the company's stock.

Hedge Funds Weigh In On Abercrombie & Fitch

A number of hedge funds have recently bought and sold shares of ANF. Bbfit Investments PTE Ltd. purchased a new position in Abercrombie & Fitch during the fourth quarter valued at $205,539,000. Arrowstreet Capital Limited Partnership raised its position in shares of Abercrombie & Fitch by 41.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer's stock worth $119,722,000 after purchasing an additional 384,845 shares during the last quarter. Baird Financial Group Inc. acquired a new position in shares of Abercrombie & Fitch during the 2nd quarter worth about $20,035,000. Dimensional Fund Advisors LP raised its position in shares of Abercrombie & Fitch by 15.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer's stock worth $145,823,000 after purchasing an additional 208,709 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its stake in Abercrombie & Fitch by 570.6% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 104,936 shares of the apparel retailer's stock valued at $9,588,000 after buying an additional 89,287 shares in the last quarter.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co is a global specialty retailer of apparel, accessories and personal-care products. The company operates a portfolio of lifestyle brands, including Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, serving customers across a range of age groups and fashion preferences.

Its product offerings include casual clothing, denim, dresses, intimates, sleepwear, activewear, swimwear, footwear, accessories and fragrances. The company sells its merchandise through branded retail stores, e-commerce websites and other digital channels, with operations serving customers in North America, Europe, Asia and other international markets.

Founded in 1892 as a sporting-goods store in New York City, Abercrombie & Fitch evolved into a lifestyle apparel retailer and has expanded its brand portfolio over time.

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