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New Albany Today
By the People, for the People
Abercrombie & Fitch CEO Sells $2.9M in Stock
Fran Horowitz unloads nearly 30,000 shares as company stock hits new highs
Published on Feb. 9, 2026
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Abercrombie & Fitch Company (NYSE:ANF) CEO Fran Horowitz sold 29,769 shares of the apparel retailer's stock on Friday, February 6th. The shares were sold at an average price of $100, resulting in a total transaction value of $2,976,900. Following the sale, Horowitz still owns 308,503 shares in the company, valued at $30,850,300.
Why it matters
The sale represents an 8.8% decrease in Horowitz's ownership stake in Abercrombie & Fitch. Insider sales can sometimes signal concerns about a company's future prospects, though large sales are also common as executives diversify their personal holdings. Abercrombie's stock has been on a tear, hitting a 52-week high of $133 in January, so the sale may simply reflect Horowitz taking some profits off the table.
The details
Horowitz has made several other large stock sales in recent months, including transactions on February 5th, February 4th, February 2nd, January 23rd, and January 22nd. In total, Horowitz has sold over 350,000 Abercrombie & Fitch shares since the start of 2023, generating proceeds of more than $35 million. The company's stock price has risen sharply over the past year, driven by a rebound in sales and profits as the retailer recovers from the pandemic.
- On February 6th, 2023, Horowitz sold 29,769 shares.
- On February 5th, 2023, Horowitz sold 17,031 shares.
- On February 4th, 2023, Horowitz sold 50,000 shares.
- On February 2nd, 2023, Horowitz sold 50,000 shares.
- On January 23rd, 2023, Horowitz sold 100,000 shares.
- On January 22nd, 2023, Horowitz sold 103,200 shares.
The players
Fran Horowitz
The chief executive officer of Abercrombie & Fitch Company.
Abercrombie & Fitch Company
An American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”
— Gordon Edgar, grocery employee (Instagram)
The takeaway
The large stock sales by Abercrombie & Fitch's CEO reflect the company's strong financial performance and the personal wealth-building of its top executive, though they may also raise questions about management's long-term outlook for the business.


