Insider Selling: Amer Sports (NYSE:AS) General Counsel Sells $15,208.96 in Stock

Amer Sports, Inc. (NYSE:AS) General Counsel Jutta Karlsson sold 457 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $33.28, for a total value of $15,208.96. Following the completion of the transaction, the general counsel directly owned 10,968 shares in the company, valued at $365,015.04. This trade represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Amer Sports Price Performance

Shares of Amer Sports stock opened at $33.36 on Monday. The business’s fifty day moving average price is $36.09 and its 200 day moving average price is $35.42. Amer Sports, Inc. has a twelve month low of $20.21 and a twelve month high of $42.76. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $18.47 billion, a P/E ratio of 44.48, a PEG ratio of 1.33 and a beta of 2.81.

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

Hedge Funds Weigh In On Amer Sports

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC purchased a new stake in shares of Amer Sports during the first quarter valued at approximately $565,000. Goldman Sachs Group Inc. boosted its stake in shares of Amer Sports by 44.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,173,674 shares of the company’s stock valued at $31,372,000 after purchasing an additional 358,536 shares during the period. JPMorgan Chase & Co. grew its holdings in Amer Sports by 11,946.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 626,433 shares of the company’s stock valued at $24,281,000 after purchasing an additional 621,233 shares in the last quarter. Legal & General Group Plc increased its stake in Amer Sports by 103.2% during the 2nd quarter. Legal & General Group Plc now owns 16,404 shares of the company’s stock worth $636,000 after buying an additional 8,330 shares during the period. Finally, Rhumbline Advisers increased its stake in Amer Sports by 150.9% during the 2nd quarter. Rhumbline Advisers now owns 123,568 shares of the company’s stock worth $4,789,000 after buying an additional 74,310 shares during the period. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Truist Financial set a $49.00 price target on shares of Amer Sports in a report on Wednesday, February 25th. Evercore increased their price objective on shares of Amer Sports from $50.00 to $51.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Wells Fargo & Company raised 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. UBS Group restated a “buy” rating on shares of Amer Sports in a report on Friday, March 13th. Finally, Zacks Research cut shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price 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).