Amer Sports (NYSE:AS) CFO Andrew Page Sells 2,052 Shares of Stock

Amer Sports, Inc. (NYSE:AS) CFO Andrew Page sold 2,052 shares of the stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $33.28, for a total transaction of $68,290.56. Following the completion of the sale, the chief financial officer owned 4,083 shares of the company’s stock, valued at approximately $135,882.24. This represents a 33.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Amer Sports Stock Down 1.5%

Amer Sports stock opened at $33.36 on Friday. Amer Sports, Inc. has a fifty-two week low of $20.21 and a fifty-two week high of $42.76. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.76 and a current ratio of 1.50. The firm’s 50-day simple moving average is $36.18 and its 200 day simple moving average is $35.47. The stock has a market cap of $18.47 billion, a PE ratio of 44.48, a price-to-earnings-growth ratio of 1.35 and a beta of 2.81.

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

Institutional Investors Weigh In On Amer Sports

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new position in Amer Sports during the first quarter worth about $565,000. Goldman Sachs Group Inc. raised its position 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. lifted its stake in shares of 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 buying an additional 621,233 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Amer Sports by 103.2% during the 2nd quarter. Legal & General Group Plc now owns 16,404 shares of the company’s stock valued at $636,000 after buying an additional 8,330 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in Amer Sports by 150.9% in 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. 40.25% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AS has been the subject of several research reports. Truist Financial set a $49.00 price target on shares of Amer Sports in a research report 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 reiterated an “overweight” rating on shares of Amer Sports in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $49.00 target price on shares of Amer Sports in a research report on Thursday, January 8th. Finally, Barclays initiated coverage on shares of Amer Sports in a report on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price target on the stock. Two 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.com, the stock currently has an average rating of “Buy” and an average 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).