Insider Trading Report: Abercrombie & Fitch (ANF)

  • Free: 10 Great Stocks to Buy Under $10
  • Suzanne Coulter, a director at Abercrombie & Fitch (ANF) recently started a stake at the company with 2,170 shares. The total cost of the share buy came to just over $75,000.

  • Special: This Market is Growing at the Fastest Rate Since 2006
  • This marks the first buy from insiders since March 2020. Overall, insider sales have beaten out buyers over the past three years, but there was a large sale by a company insider back in January. Shares have since risen by 43 percent.

    Insiders own about 2.2 percent of company shares.

    • The Time to Invest in 5G Is NOW

      Happy Woman Holding Phone AT&T has just become the first carrier to offer 5G coverage.

      Sprint's 5G network is live in Phoenix, New York City, Washington, D.C., and Los Angeles.

      T-Mobile has flipped the 5G switch in six cities...

      And Verizon has launched its 5G network in 13 cities.

      Nearly a decade in the making, 5G is finally here...

      And just ONE stock is your No. 1 chance to profit from the 5G revolution.

      Details HERE...

    Shares are up about 324 percent in the past year, or more than five times greater the 65 percent return in the S&P 500.

    While the company has yet to return to profitability, earnings and revenue barely dropped in the past year. In the meantime, shares have gotten caught up in the “reopening” rally, as many see the company as a strong candidate for in-person shopping.

  • Special: FREE – The 11 EV Stocks You Need in Your Arsenal
  • Action to take: The company currently doesn’t pay a dividend, and never paid a large one to begin with. So rather than chase shares higher, investors and traders alike can use a call option to benefit from the current uptrend.

    The August $35 calls are the at-the-money trade. Carrying a bid/ask spread of about $5.90, traders can likely book high double-digit profits well before expiration.