Amer Sports Target of Unusually Large Options Trading (NYSE:AS)

Amer Sports, Inc. (NYSE:AS) saw some unusual options trading activity on Tuesday. Traders acquired 8,718 call options on the stock. This is an increase of 123% compared to the typical volume of 3,916 call options.

Insider Activity

In other Amer Sports news, CEO Stuart Haselden sold 11,438 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $36.26, for a total transaction of $414,741.88. Following the completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Andrew E. Page sold 6,005 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $36.26, for a total transaction of $217,741.30. Following the sale, the chief financial officer owned 11,828 shares in the company, valued at $428,883.28. This represents a 33.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 27,125 shares of company stock valued at $956,673 in the last three months.

Hedge Funds Weigh In On Amer Sports

Institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its position in shares of Amer Sports by 84.3% during the first quarter. EverSource Wealth Advisors LLC now owns 761 shares of the company’s stock worth $25,000 after acquiring an additional 348 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of Amer Sports during the fourth quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd increased its position in shares of Amer Sports by 484.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock worth $29,000 after acquiring an additional 703 shares during the period. Rockefeller Capital Management L.P. increased its position in shares of Amer Sports by 1,030.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock worth $30,000 after acquiring an additional 742 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of Amer Sports by 241.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock worth $42,000 after acquiring an additional 848 shares during the period. 40.25% of the stock is owned by hedge funds and other institutional investors.

Amer Sports News Summary

Here are the key news stories impacting Amer Sports this week:

• Positive Sentiment: Q1 revenue rose 32% year over year to about $1.95 billion, beating estimates and showing broad-based strength across the business, especially in Arc’teryx and Salomon softgoods. Amer Sports Reports First Quarter 2026 Financial Results, Raises Full Year Revenue, Margin, and EPS Guidance
• Positive Sentiment: Adjusted EPS came in at $0.38, above the $0.31 consensus, suggesting better-than-expected profitability in the quarter. Amer Sports, Inc. (AS) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised full-year 2026 guidance for revenue, margins, and EPS, signaling confidence that strong demand and operating momentum will continue. Amer Sports Reports First Quarter 2026 Financial Results, Raises Full Year Revenue, Margin, and EPS Guidance
• Positive Sentiment: Unusually heavy call-option activity suggests traders are positioning for more upside in the near term. Amer Sports shares rise on Q1 beat and raised full-year guidance
• Neutral Sentiment: Some reports noted inventory growth and margin pressure, which could limit enthusiasm if demand slows later in the year. Amer Sports buoyed by Q1 results, but margin pressure, lackluster profit outlook tempers rally

Analyst Ratings Changes

AS has been the topic of several recent research reports. Piper Sandler restated an “overweight” rating on shares of Amer Sports in a research report on Friday, February 20th. UBS Group restated a “buy” rating on shares of Amer Sports in a research report on Friday, March 13th. Evercore upped their target price on shares of Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Weiss Ratings upgraded shares of Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, April 27th. Finally, Zacks Research cut shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Two equities research 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, Amer Sports currently has a consensus rating of “Buy” and an average price target of $47.18.

Amer Sports Trading Up 4.8%

Amer Sports stock traded up $1.61 during midday trading on Tuesday, reaching $34.76. The stock had a trading volume of 9,077,422 shares, compared to its average volume of 4,538,565. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. Amer Sports has a 52-week low of $28.92 and a 52-week high of $42.76. The firm has a market cap of $19.25 billion, a price-to-earnings ratio of 46.09, a price-to-earnings-growth ratio of 1.35 and a beta of 2.16. The company has a fifty day moving average of $34.22 and a 200 day moving average of $35.80.

Amer Sports (NYSE:AS) last posted its quarterly earnings data on Monday, May 18th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.07. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period in the prior year, the company posted $0.27 EPS. The firm’s revenue for the quarter was up 32.1% on a year-over-year basis. On average, analysts anticipate that Amer Sports will post 1.16 earnings per share for the current fiscal year.

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).