Insider Sell: President-Global Brands Kristin Scott Sells 80,000 Shares of Abercrombie & Fitch Co (ANF)

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Abercrombie & Fitch Co (NYSE:ANF), a specialty retailer that operates stores and direct-to-consumer operations, has experienced an insider sell according to a recent SEC filing. On January 8, 2024, the insider, President-Global Brands Kristin Scott, sold 80,000 shares of the company. The transaction was executed at an average price of $96.25 per share, resulting in a total value of $7,700,000.

Over the past year, Kristin Scott has sold a total of 275,680 shares of Abercrombie & Fitch Co and has not made any purchases of the stock. The insider's recent sell contributes to a trend observed over the past year, where there have been no insider buys but 22 insider sells for the company.

The market capitalization of Abercrombie & Fitch Co stands at $4.870 billion, with the stock trading at $96.25 on the day of the insider's sell. The price-earnings ratio of the company is 24.16, which is above the industry median of 17.29 but below the company's historical median price-earnings ratio.

According to the GuruFocus Value chart, Abercrombie & Fitch Co's stock is currently Significantly Overvalued. The price-to-GF-Value ratio is 2.2, with a GF Value of $43.79, indicating that the stock's market price is considerably higher than its intrinsic value as estimated by GuruFocus.

The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.

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The insider trend image above reflects the recent insider sell transactions for Abercrombie & Fitch Co.

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The GF Value image above provides a visual representation of Abercrombie & Fitch Co's current valuation status in relation to its intrinsic value as calculated by GuruFocus.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.