Abercrombie & Fitch Co. (NYSE:ANF - Get Free Report) Director Helen Mccluskey sold 3,500 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $139.38, for a total transaction of $487,830.00. Following the sale, the director now directly owns 37,470 shares of the company's stock, valued at $5,222,568.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Abercrombie & Fitch Price Performance
Shares of ANF opened at $131.04 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.44 and a quick ratio of 1.15. The company has a market capitalization of $6.70 billion, a price-to-earnings ratio of 16.30 and a beta of 1.50. The business's 50-day moving average is $157.23 and its 200-day moving average is $145.86. Abercrombie & Fitch Co. has a fifty-two week low of $49.24 and a fifty-two week high of $196.99.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Matrix Trust Co purchased a new stake in shares of Abercrombie & Fitch during the 2nd quarter worth about $35,000. Quarry LP increased its holdings in Abercrombie & Fitch by 156.0% in the second quarter. Quarry LP now owns 279 shares of the apparel retailer's stock worth $50,000 after buying an additional 170 shares during the last quarter. Spire Wealth Management raised its position in Abercrombie & Fitch by 51.4% during the first quarter. Spire Wealth Management now owns 315 shares of the apparel retailer's stock valued at $39,000 after acquiring an additional 107 shares in the last quarter. CWM LLC lifted its stake in Abercrombie & Fitch by 242.6% in the second quarter. CWM LLC now owns 531 shares of the apparel retailer's stock valued at $94,000 after acquiring an additional 376 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Abercrombie & Fitch by 8,914.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 631 shares of the apparel retailer's stock valued at $112,000 after purchasing an additional 624 shares during the last quarter.
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Several research firms have issued reports on ANF. Argus cut Abercrombie & Fitch from a "buy" rating to a "hold" rating in a report on Thursday, July 11th. Jefferies Financial Group boosted their target price on Abercrombie & Fitch from $215.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday. JPMorgan Chase & Co. upgraded Abercrombie & Fitch from a "neutral" rating to an "overweight" rating and increased their price target for the company from $167.00 to $194.00 in a research report on Monday, July 22nd. UBS Group cut their price objective on Abercrombie & Fitch from $193.00 to $165.00 and set a "neutral" rating on the stock in a report on Thursday, August 29th. Finally, Morgan Stanley decreased their target price on shares of Abercrombie & Fitch from $155.00 to $147.00 and set an "equal weight" rating for the company in a report on Thursday, August 29th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $179.14.
Check Out Our Latest Analysis on ANF
Abercrombie & Fitch Company Profile
(
Get Free Report)
Abercrombie & Fitch Co, through its subsidiaries, operates as an omnichannel retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally. The company offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brands.
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