Mezzasalma Advisors LLC Acquires Shares of 26,376 Amer Sports, Inc. $AS

Mezzasalma Advisors LLC acquired a new position in Amer Sports, Inc. (NYSE:AS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,376 shares of the company’s stock, valued at approximately $989,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AS. Viking Global Investors LP increased its position in shares of Amer Sports by 63.5% during the third quarter. Viking Global Investors LP now owns 6,343,481 shares of the company’s stock valued at $220,436,000 after buying an additional 2,462,832 shares during the period. Aspex Management HK Ltd bought a new position in Amer Sports in the third quarter worth about $206,244,000. BNP Paribas Financial Markets lifted its holdings in Amer Sports by 57.5% in the third quarter. BNP Paribas Financial Markets now owns 3,991,563 shares of the company’s stock worth $138,707,000 after buying an additional 1,457,951 shares during the period. Qube Research & Technologies Ltd boosted its position in Amer Sports by 139.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,887,480 shares of the company’s stock valued at $150,679,000 after acquiring an additional 2,267,066 shares in the last quarter. Finally, Candlestick Capital Management LP boosted its position in Amer Sports by 24.5% during the 3rd quarter. Candlestick Capital Management LP now owns 3,568,381 shares of the company’s stock valued at $124,001,000 after acquiring an additional 702,091 shares in the last quarter. 40.25% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Andrew E. Page sold 2,052 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $33.28, for a total transaction of $68,290.56. Following the sale, the chief financial officer owned 4,083 shares in the company, valued at $135,882.24. This represents a 33.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Stuart Haselden sold 6,511 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $33.28, for a total transaction of $216,686.08. Following the sale, the chief executive officer directly owned 5,448 shares of the company’s stock, valued at $181,309.44. This trade represents a 54.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 9,020 shares of company stock worth $300,186.

Amer Sports Price Performance

AS opened at $33.36 on Monday. The stock has a 50-day moving average price of $36.09 and a 200-day moving average price of $35.42. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76. The firm has a market cap of $18.47 billion, a PE ratio of 44.48, a P/E/G ratio of 1.33 and a beta of 2.81. Amer Sports, Inc. has a 1 year low of $20.21 and a 1 year high of $42.76.

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AS. Zacks Research lowered Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Wells Fargo & Company lifted their price target on Amer Sports from $40.00 to $45.00 and gave the company an “overweight” rating in a research report on Tuesday, December 16th. Barclays initiated coverage on Amer Sports in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price target on the stock. Deutsche Bank Aktiengesellschaft set a $49.00 price objective on Amer Sports in a research report on Thursday, January 8th. Finally, Evercore boosted their target price on shares of Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Two investment 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 data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $47.12.

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).