Amer Sports, Inc. $AS Shares Sold by Capricorn Fund Managers Ltd

Capricorn Fund Managers Ltd lowered its position in shares of Amer Sports, Inc. (NYSE:AS) by 74.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 22,800 shares of the company’s stock after selling 67,200 shares during the quarter. Capricorn Fund Managers Ltd’s holdings in Amer Sports were worth $852,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of AS. Caitong International Asset Management Co. Ltd boosted its holdings in Amer Sports by 484.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock valued at $29,000 after purchasing an additional 703 shares during the last quarter. Financial Consulate Inc. purchased a new position in shares of Amer Sports during the 3rd quarter valued at about $40,000. PNC Financial Services Group Inc. lifted its holdings in shares of Amer Sports by 241.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock valued at $42,000 after buying an additional 848 shares during the period. Pacer Advisors Inc. acquired a new position in shares of Amer Sports in the 3rd quarter valued at about $44,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Amer Sports by 174.3% in the second quarter. Smartleaf Asset Management LLC now owns 1,591 shares of the company’s stock worth $63,000 after buying an additional 1,011 shares during the last quarter. 40.25% of the stock is currently owned by hedge funds and other institutional investors.

Amer Sports Trading Down 0.1%

Shares of NYSE:AS opened at $33.36 on Monday. The business’s 50 day moving average price is $36.09 and its 200-day moving average price is $35.42. Amer Sports, Inc. has a 1 year low of $20.21 and a 1 year high of $42.76. The firm has a market capitalization of $18.47 billion, a price-to-earnings ratio of 44.48, a price-to-earnings-growth ratio of 1.33 and a beta of 2.81. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76.

Amer Sports (NYSE:AS) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period in the prior year, the business posted $0.17 earnings per share. The firm’s revenue for the quarter was up 28.5% on a year-over-year basis. 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. On average, equities research analysts forecast that Amer Sports, Inc. will post 0.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently commented on AS shares. Evercore raised their target price on Amer Sports from $50.00 to $51.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Barclays initiated coverage on shares of Amer Sports in a report on Tuesday, December 9th. They set an “overweight” rating and a $49.00 target price for the company. Wells Fargo & Company boosted their target price on shares of Amer Sports from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $49.00 price target on shares of Amer Sports in a research report on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amer Sports in a report on Friday, March 27th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Amer Sports currently has a consensus rating of “Buy” and a consensus target price of $47.12.

Insider Transactions at Amer Sports

In related news, CEO Stuart Haselden sold 6,511 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $33.28, for a total value of $216,686.08. Following 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 filing with the SEC, which can be accessed through the SEC website. Also, CFO Andrew E. Page sold 2,052 shares of Amer Sports stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $33.28, for a total value of $68,290.56. Following the completion of the sale, the chief financial officer owned 4,083 shares in the company, valued at approximately $135,882.24. The trade was a 33.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,020 shares of company stock worth $300,186 over the last ninety days.

About Amer Sports

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).