Amer Sports (NYSE:AS) General Counsel Sells $24,004.12 in Stock

Amer Sports, Inc. (NYSE:AS) General Counsel Jutta Karlsson sold 662 shares of the firm’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total transaction of $24,004.12. Following the completion of the transaction, the general counsel directly owned 11,791 shares of the company’s stock, valued at $427,541.66. This represents a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amer Sports Price Performance

NYSE:AS opened at $37.04 on Monday. Amer Sports, Inc. has a 1-year low of $21.06 and a 1-year 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 firm has a fifty day simple moving average of $35.76 and a 200 day simple moving average of $35.43. The stock has a market capitalization of $20.51 billion, a PE ratio of 49.38, a P/E/G ratio of 1.48 and a beta of 2.81.

Amer Sports (NYSE:AS) last released its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period last year, the business earned $0.17 earnings per share. The firm’s revenue 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, research analysts expect that Amer Sports, Inc. will post 0.46 EPS for the current fiscal year.

Hedge Funds Weigh In On Amer Sports

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC bought a new position in Amer Sports during the fourth quarter worth $27,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Amer Sports by 1,030.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock worth $30,000 after buying an additional 742 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Amer Sports by 484.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock worth $29,000 after buying an additional 703 shares in the last quarter. Financial Consulate Inc. acquired a new stake in shares of Amer Sports during the third quarter worth $40,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Amer Sports by 241.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock worth $42,000 after buying an additional 848 shares in the last quarter. 40.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AS shares. Evercore raised their target price on shares of Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. UBS Group reaffirmed a “buy” rating on shares of Amer Sports in a research report on Friday, March 13th. Piper Sandler reaffirmed an “overweight” rating on shares of Amer Sports in a research report on Friday, February 20th. Truist Financial set a $49.00 price objective on shares of Amer Sports in a research report on Wednesday, February 25th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amer Sports in a research report on Friday, March 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average 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).