Insider Selling: Director Nigel Travis Sells Shares of Abercrombie & Fitch Co (ANF)

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On September 6, 2024, Nigel Travis, a Director at Abercrombie & Fitch Co (ANF, Financial), executed a sale of 4,292 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 19,800 shares of Abercrombie & Fitch Co.

Abercrombie & Fitch Co, a retailer that focuses on casual wear for young consumers, has seen various insider transactions over the past year. Notably, there have been 24 insider sells and no insider buys during this period. The insider, Nigel Travis, has sold a total of 15,607 shares over the past year.

On the day of the sale, shares of Abercrombie & Fitch Co were priced at $132.52. This pricing positions the company with a market cap of approximately $6.81 billion. The price-earnings ratio of the stock stands at 14.12, which is below both the industry median of 17.63 and the company's historical median.

The current stock price significantly exceeds the GF Value of $51.23, indicating a price-to-GF-Value ratio of 2.59. This suggests that Abercrombie & Fitch Co is significantly overvalued based on its GF Value.

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

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This insider sale could be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics against market performance.

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.