WD Rutherford LLC Invests $549,000 in Abercrombie & Fitch Co. (NYSE:ANF)

WD Rutherford LLC bought a new position in shares of Abercrombie & Fitch Co. (NYSE:ANF - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,923 shares of the apparel retailer's stock, valued at approximately $549,000.

Several other large investors have also recently bought and sold shares of the stock. Cavalier Investments LLC acquired a new position in Abercrombie & Fitch in the 3rd quarter valued at approximately $1,458,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Abercrombie & Fitch by 11.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 10,716 shares of the apparel retailer's stock valued at $1,499,000 after purchasing an additional 1,103 shares during the period. Highland Capital Management LLC lifted its position in Abercrombie & Fitch by 13.0% in the third quarter. Highland Capital Management LLC now owns 2,525 shares of the apparel retailer's stock worth $353,000 after purchasing an additional 291 shares during the period. Dakota Wealth Management acquired a new stake in Abercrombie & Fitch during the third quarter worth $255,000. Finally, Zweig DiMenna Associates LLC bought a new stake in Abercrombie & Fitch in the 3rd quarter valued at $3,386,000.

Insider Buying and Selling

In other Abercrombie & Fitch news, EVP Samir Desai sold 19,041 shares of the company'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 value of $2,501,225.76. Following the completion of the sale, the executive vice president now owns 27,985 shares of the company's stock, valued at approximately $3,676,109.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Samir Desai sold 19,041 shares of the firm's stock in a transaction dated Friday, September 6th. The stock was 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 of the company's stock, valued at $3,676,109.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Scott D. Lipesky sold 9,000 shares of the business's stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $146.80, for a total value of $1,321,200.00. Following the completion of the transaction, the chief financial officer now owns 106,455 shares of the company's stock, valued at $15,627,594. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 31,541 shares of company stock valued at $4,310,256 in the last 90 days. 2.58% of the stock is owned by insiders.

Abercrombie & Fitch Stock Performance

ANF traded down $1.98 during trading on Wednesday, reaching $136.49. 1,003,957 shares of the company's stock were exchanged, compared to its average volume of 1,695,840. The company's fifty day moving average price is $144.33 and its 200-day moving average price is $150.62. The firm has a market capitalization of $6.97 billion, a PE ratio of 14.46 and a beta of 1.49. Abercrombie & Fitch Co. has a fifty-two week low of $58.54 and a fifty-two week high of $196.99.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last announced its quarterly earnings data on Wednesday, August 28th. The apparel retailer reported $2.50 EPS for the quarter, topping analysts' consensus estimates of $2.14 by $0.36. Abercrombie & Fitch had a return on equity of 47.35% and a net margin of 10.76%. The business had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.09 billion. Research analysts forecast that Abercrombie & Fitch Co. will post 10.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on ANF. Argus downgraded shares of Abercrombie & Fitch from a "buy" rating to a "hold" rating in a report on Thursday, July 11th. UBS Group cut their price target on shares of Abercrombie & Fitch from $193.00 to $165.00 and set a "neutral" rating for the company in a research note on Thursday, August 29th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $190.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, September 11th. JPMorgan Chase & Co. raised their price objective on shares of Abercrombie & Fitch from $194.00 to $195.00 and gave the stock an "overweight" rating in a report on Friday, October 4th. Finally, Morgan Stanley decreased their price target on Abercrombie & Fitch from $155.00 to $147.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 29th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $176.71.

Abercrombie & Fitch Profile

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.