In a filing, Abercrombie & Fitch Co revealed its Director Coulter Suzanne M unloaded Company’s shares for reported $0.46 million on Dec 04 ’24. In the deal valued at $160.00 per share,2,870 shares were sold. As a result of this transaction, Coulter Suzanne M now holds 6,405 shares worth roughly $0.87 million.
Then, Coulter Suzanne M sold 6,800 shares, generating $1,100,254 in total proceeds. Upon selling the shares at $161.80, the Director now owns 9,275 shares.
Before that, HENCHEL GREGORY J sold 10,000 shares. Abercrombie & Fitch Co shares valued at $1,503,300 were divested by the SVP, Gen Cnsl & Secy at a price of $150.33 per share. As a result of the transaction, HENCHEL GREGORY J now holds 30,347 shares, worth roughly $4.12 million.
UBS upgraded its Abercrombie & Fitch Co [ANF] rating to a Buy from a a Neutral in a research note published on January 10, 2025; the price target was increased to $220 from $173. A number of analysts have revised their coverage, including JP Morgan’s analysts, who remained covering the stock and in mid December has reiterated a ‘”an Overweight”‘ rating for it. Raymond James began covering ANF with “an Outperform” recommendation on December 06, 2024. Citigroup revised its rating on August 30, 2024. It rated ANF as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ANF
On Monday, Abercrombie & Fitch Co [NYSE:ANF] saw its stock fall -15.66% to $135.72. Over the last five days, the stock has lost -14.60%. Abercrombie & Fitch Co shares have fallen nearly -9.20% since the year began. Nevertheless, the stocks have risen 40.34% over the past one year. While a 52-week high of $196.99 was reached on 01/07/25, a 52-week low of $95.47 was recorded on 01/13/25. SMA at 50 days reached $146.65, while 200 days put it at $147.68.
Levels Of Support And Resistance For ANF Stock
The 24-hour chart illustrates a support level at 126.71, which if violated will result in even more drops to 117.70. On the upside, there is a resistance level at 146.32. A further resistance level may holdings at 156.92. The Relative Strength Index (RSI) on the 14-day chart is 39.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.67%. Stochastics %K at 45.67% indicates the stock is a holding.
How much short interest is there in Abercrombie & Fitch Co?
A steep rise in short interest was recorded in Abercrombie & Fitch Co stocks on 2024-10-31, dropping by -0.16 million shares to a total of 4.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 4.32 million shares. There was a decline of -3.85%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 29, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $190.
