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Insider Trends: Abercrombie & Fitch Insider Extends 90-Day Selling Trend

05/10/2021 12:25

04:21 PM EDT, 05/10/2021 (MT Newswires) -- Bonadies Fran Horowitz, Director and CEO, on May 06, 2021, sold 51,000 shares in Abercrombie & Fitch (ANF) for $2,040,000. Subsequent to the Form 4 filing with the SEC, Horowitz has 488,059 shares of the company, which have a market value of $19.9 million as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 33 insider transactions reported to the SEC for Abercrombie & Fitch. These transactions came from the activities of 6 individual insiders that resulted in a net disposition of 72,379 company shares. This compares with the preceding 90-day window of time where there were 4 transactions from 3 insiders which resulted in the net disposition of 170,871 shares.

This is lower than the average level of insider transactions in the 27-company Apparel & Accessories Retailers peer group over the last 90-day period. Activity in the peer group averaged 146.8 transactions per company, and disposition of 52,433 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1018840/000122520821007866/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.