Abercrombie & Fitch Co. (NYSE:ANF) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D decreased its holdings in Abercrombie & Fitch Co. (NYSE:ANF - Free Report) by 38.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,868 shares of the apparel retailer's stock after selling 12,422 shares during the quarter. State of New Jersey Common Pension Fund D's holdings in Abercrombie & Fitch were worth $3,533,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ANF. Matrix Trust Co purchased a new position in shares of Abercrombie & Fitch in the 2nd quarter valued at about $35,000. Spire Wealth Management increased its holdings in Abercrombie & Fitch by 51.4% in the first quarter. Spire Wealth Management now owns 315 shares of the apparel retailer's stock valued at $39,000 after buying an additional 107 shares in the last quarter. CWM LLC lifted its position in shares of Abercrombie & Fitch by 242.6% during the 2nd 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 period. Allspring Global Investments Holdings LLC purchased a new stake in shares of Abercrombie & Fitch during the 1st quarter worth approximately $120,000. Finally, Daiwa Securities Group Inc. boosted its stake in shares of Abercrombie & Fitch by 85.7% during the 1st quarter. Daiwa Securities Group Inc. now owns 1,300 shares of the apparel retailer's stock worth $163,000 after acquiring an additional 600 shares in the last quarter.

Insider Activity

In related news, EVP Samir Desai sold 19,041 shares of the firm's stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $131.36, for a total transaction of $2,501,225.76. Following the sale, the executive vice president now owns 27,985 shares in the company, valued at $3,676,109.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, EVP Samir Desai sold 19,041 shares of the company's stock in a transaction on Friday, September 6th. The stock was sold at an average price of $131.36, for a total value of $2,501,225.76. Following the completion of the transaction, the executive vice president now directly owns 27,985 shares in the company, valued at $3,676,109.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Scott D. Lipesky sold 9,000 shares of the firm's stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $146.80, for a total value of $1,321,200.00. Following the completion of the sale, the chief financial officer now directly owns 106,455 shares in the company, valued at $15,627,594. The disclosure for this sale can be found here. Insiders sold a total of 31,541 shares of company stock valued at $4,310,256 over the last 90 days. Insiders own 3.77% of the company's stock.

Abercrombie & Fitch Price Performance

NYSE:ANF traded up $1.06 on Wednesday, reaching $135.47. The stock had a trading volume of 1,574,408 shares, compared to its average volume of 1,721,094. Abercrombie & Fitch Co. has a 12-month low of $49.24 and a 12-month high of $196.99. The company has a market cap of $6.92 billion, a price-to-earnings ratio of 16.89 and a beta of 1.50. The firm's fifty day moving average is $150.96 and its two-hundred day moving average is $146.70.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. raised Abercrombie & Fitch from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $167.00 to $194.00 in a report on Monday, July 22nd. Morgan Stanley dropped their price target on Abercrombie & Fitch from $155.00 to $147.00 and set an "equal weight" rating for the company in a research report on Thursday, August 29th. Telsey Advisory Group reiterated an "outperform" rating and issued a $190.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, September 11th. Argus downgraded shares of Abercrombie & Fitch from a "buy" rating to a "hold" rating in a report on Thursday, July 11th. Finally, Jefferies Financial Group lifted their target price on shares of Abercrombie & Fitch from $215.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, September 4th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Abercrombie & Fitch has a consensus rating of "Moderate Buy" and a consensus price target of $176.57.

About Abercrombie & Fitch

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.