Abercrombie & Fitch Chief Executive Officer Trades $2.98M In Company Stock

benzinga_article
2026.02.10 15:02
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Fran Horowitz, CEO of Abercrombie & Fitch, sold 29,769 shares worth $2.98 million on February 9, as reported in a recent SEC filing. Following the sale, Abercrombie's stock rose by 1.5% to $94.18. The company has shown strong financial performance with a revenue growth rate of 6.75% and a gross margin of 62.52%. Its debt-to-equity ratio stands at 0.86, indicating conservative financial management. The stock appears undervalued with a P/E ratio of 8.93 and a P/S ratio of 0.89, suggesting potential investment opportunities despite the insider sale.