Amer Sports (NYSE:AS) General Counsel Sells $15,208.96 in Stock

Amer Sports, Inc. (NYSE:AS) General Counsel Jutta Karlsson sold 457 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $33.28, for a total transaction of $15,208.96. Following the sale, the general counsel owned 10,968 shares of the company’s stock, valued at approximately $365,015.04. This represents a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Amer Sports Stock Down 1.5%

Shares of Amer Sports stock opened at $33.36 on Friday. The company has a 50-day simple moving average of $36.18 and a two-hundred day simple moving average of $35.47. The stock has a market capitalization 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, Inc. has a 52-week low of $20.21 and a 52-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.

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

Analyst Ratings Changes

AS has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $49.00 price objective on Amer Sports in a report on Thursday, January 8th. Truist Financial set a $49.00 price target on shares of Amer Sports in a research note on Wednesday, February 25th. Zacks Research cut shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Piper Sandler restated an “overweight” rating on shares of Amer Sports in a research report on Friday, February 20th. Finally, UBS Group restated a “buy” rating on shares of Amer Sports in a report on Friday, March 13th. Two investment 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $47.12.

Institutional Trading of Amer Sports

Several hedge funds have recently bought and sold shares of the stock. Sequoia Financial Advisors LLC purchased a new position in shares of Amer Sports during the 3rd quarter valued at about $1,477,000. Fortress Investment Group LLC purchased a new stake in Amer Sports in the 2nd quarter worth approximately $9,634,000. Aspex Management HK Ltd bought a new stake in Amer Sports during the 3rd quarter worth approximately $206,244,000. Massachusetts Financial Services Co. MA bought a new stake in Amer Sports during the 3rd quarter worth approximately $45,507,000. Finally, JPMorgan Chase & Co. lifted its holdings in Amer Sports by 9.3% during the third quarter. JPMorgan Chase & Co. now owns 684,783 shares of the company’s stock valued at $23,796,000 after purchasing an additional 58,350 shares in the last quarter. Institutional investors own 40.25% of the company’s stock.

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).