Amer Sports (NYSE:AS) CFO Sells $68,290.56 in Stock

Amer Sports, Inc. (NYSE:AS) CFO Andrew Page sold 2,052 shares of the business’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 value 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 SEC, which can be accessed through the SEC website.

Amer Sports Stock Performance

Shares of AS stock traded down $0.50 during trading hours on Thursday, hitting $33.36. The stock had a trading volume of 2,811,105 shares, compared to its average volume of 4,830,262. 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 capitalization of $18.47 billion, a PE ratio of 44.48, a PEG ratio of 1.31 and a beta of 2.80. The stock’s 50 day moving average is $36.25 and its 200 day moving average is $35.49. Amer Sports, Inc. has a twelve month low of $20.21 and a twelve month high of $42.76.

Amer Sports (NYSE:AS) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm had revenue of $2.10 billion during 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 quarter in the prior year, the firm earned $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. As a group, research analysts forecast that Amer Sports, Inc. will post 0.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on AS shares. Weiss Ratings restated a “hold (c)” rating on shares of Amer Sports in a research report on Friday, March 27th. Piper Sandler reaffirmed an “overweight” rating on shares of Amer Sports in a research report on Friday, February 20th. UBS Group reissued a “buy” rating on shares of Amer Sports in a report on Friday, March 13th. Wells Fargo & Company upped their price target on Amer Sports from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 16th. Finally, Deutsche Bank Aktiengesellschaft set a $49.00 price target on Amer Sports in a report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Amer Sports has a consensus rating of “Buy” and an average target price of $47.12.

Institutional Investors Weigh In On Amer Sports

Hedge funds have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its position in Amer Sports by 1,030.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock worth $30,000 after purchasing an additional 742 shares during the period. Invesco Ltd. lifted its holdings in shares of Amer Sports by 19.6% in the 4th quarter. Invesco Ltd. now owns 232,193 shares of the company’s stock valued at $8,672,000 after buying an additional 37,988 shares during the period. Owlhouse Capital LP purchased a new stake in shares of Amer Sports in the fourth quarter valued at approximately $4,799,000. Vident Advisory LLC boosted its stake in shares of Amer Sports by 14.5% in the fourth quarter. Vident Advisory LLC now owns 798,441 shares of the company’s stock valued at $29,822,000 after buying an additional 101,343 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in Amer Sports during the fourth quarter worth $694,000. Institutional investors and hedge funds own 40.25% of the company’s stock.

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).