Wakefield Asset Management LLLP Makes New $3.93 Million Investment in Amer Sports, Inc. $AS

Wakefield Asset Management LLLP bought a new position in shares of Amer Sports, Inc. (NYSE:AS) during the 4th quarter, HoldingsChannel.com reports. The fund bought 105,131 shares of the company’s stock, valued at approximately $3,927,000.

Several other large investors also recently bought and sold shares of the stock. Choreo LLC grew its position in Amer Sports by 4.9% during the 4th quarter. Choreo LLC now owns 9,387 shares of the company’s stock worth $354,000 after purchasing an additional 437 shares during the last quarter. Mackenzie Financial Corp grew its position in Amer Sports by 1.1% during the 3rd quarter. Mackenzie Financial Corp now owns 48,745 shares of the company’s stock worth $1,694,000 after purchasing an additional 540 shares during the last quarter. Handelsbanken Fonder AB grew its position in Amer Sports by 2.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 35,300 shares of the company’s stock worth $1,227,000 after purchasing an additional 700 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in Amer Sports by 484.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock worth $29,000 after purchasing an additional 703 shares during the last quarter. Finally, Mitchell Capital Management Co. grew its position in Amer Sports by 1.3% during the 3rd quarter. Mitchell Capital Management Co. now owns 60,188 shares of the company’s stock worth $2,092,000 after purchasing an additional 799 shares during the last quarter. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Amer Sports Stock Down 1.5%

Shares of AS stock opened at $32.83 on Friday. The stock has a 50 day moving average of $34.26 and a 200 day moving average of $35.78. 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 cap of $18.18 billion, a P/E ratio of 43.77, a P/E/G ratio of 1.32 and a beta of 2.16. Amer Sports, Inc. has a twelve month low of $28.92 and a twelve month high of $42.76.

Amer Sports (NYSE:AS) last posted its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) 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 firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period in the previous year, the business posted $0.17 EPS. The business’s revenue was up 28.5% compared to the same quarter last year. 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, sell-side analysts expect that Amer Sports, Inc. will post 1.16 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on AS shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $50.00 target price on shares of Amer Sports in a research report on Wednesday. UBS Group reissued a “buy” rating on shares of Amer Sports in a research report on Friday, March 13th. Zacks Research downgraded shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Evercore upped their price objective 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. Finally, Weiss Ratings raised shares of Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amer Sports presently has an average rating of “Buy” and a consensus target price of $47.18.

Insider Buying and Selling at Amer Sports

In related news, CFO Andrew E. Page sold 6,005 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total value of $217,741.30. Following the completion of the transaction, the chief financial officer directly owned 11,828 shares in the company, valued at $428,883.28. The trade was a 33.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Stuart Haselden sold 11,438 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $36.26, for a total transaction of $414,741.88. Following the transaction, the chief executive officer owned 15,275 shares of the company’s stock, valued at $553,871.50. This represents a 42.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 27,125 shares of company stock valued at $956,673.

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).