Insider Selling: Amer Sports (NYSE:AS) CEO Sells $216,686.08 in Stock

Amer Sports, Inc. (NYSE:AS) CEO Stuart Haselden sold 6,511 shares of the business’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $33.28, for a total value of $216,686.08. Following the completion of the transaction, the chief executive officer directly owned 5,448 shares of the company’s stock, valued at approximately $181,309.44. This trade represents a 54.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Amer Sports Stock Performance

Shares of NYSE AS opened at $33.36 on Friday. The firm’s 50-day moving average price is $36.09 and its 200-day moving average price is $35.43. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. The company has a market cap of $18.47 billion, a PE ratio of 44.48, a PEG ratio of 1.33 and a beta of 2.81. Amer Sports, Inc. has a 52-week low of $20.21 and a 52-week high of $42.76.

Amer Sports (NYSE:AS) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $1.99 billion. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The business’s revenue for the quarter was up 28.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.17 earnings per share. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. As a group, analysts anticipate that Amer Sports, Inc. will post 0.46 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its position in shares of Amer Sports by 1,030.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock valued at $30,000 after acquiring an additional 742 shares during the period. Invesco Ltd. raised its holdings in Amer Sports by 19.6% in the 4th quarter. Invesco Ltd. now owns 232,193 shares of the company’s stock worth $8,672,000 after purchasing an additional 37,988 shares during the period. Owlhouse Capital LP purchased a new position in Amer Sports during the fourth quarter valued at $4,799,000. Vident Advisory LLC lifted its position in Amer Sports by 14.5% during the fourth quarter. Vident Advisory LLC now owns 798,441 shares of the company’s stock valued at $29,822,000 after purchasing an additional 101,343 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in Amer Sports during the fourth quarter valued at about $694,000. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AS shares. Deutsche Bank Aktiengesellschaft set a $49.00 target price on shares of Amer Sports in a research note on Thursday, January 8th. Truist Financial set a $49.00 price objective on Amer Sports in a report on Wednesday, February 25th. UBS Group reiterated a “buy” rating on shares of Amer Sports in a research report on Friday, March 13th. Evercore increased their target price on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Finally, Wells Fargo & Company raised their target price on Amer Sports from $40.00 to $45.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $47.12.

Amer Sports Company Profile

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).