Amer Sports, Inc. $AS Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd decreased its stake in shares of Amer Sports, Inc. (NYSE:AS) by 16.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 226,802 shares of the company’s stock after selling 44,146 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Amer Sports were worth $8,469,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Sequoia Financial Advisors LLC acquired a new stake in shares of Amer Sports in the third quarter worth $1,477,000. Aspex Management HK Ltd acquired a new stake in shares of Amer Sports in the third quarter worth $206,244,000. Massachusetts Financial Services Co. MA acquired a new stake in shares of Amer Sports in the third quarter worth $45,507,000. JPMorgan Chase & Co. increased its position in shares of Amer Sports by 9.3% in the third quarter. JPMorgan Chase & Co. now owns 684,783 shares of the company’s stock worth $23,796,000 after acquiring an additional 58,350 shares in the last quarter. Finally, Polar Asset Management Partners Inc. acquired a new stake in shares of Amer Sports in the third quarter worth $2,519,000. Institutional investors and hedge funds own 40.25% of the company’s stock.

Amer Sports Trading Down 1.6%

NYSE AS opened at $36.12 on Wednesday. Amer Sports, Inc. has a 12 month low of $21.62 and a 12 month high of $42.76. 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 company has a market capitalization of $20.00 billion, a price-to-earnings ratio of 48.15, a price-to-earnings-growth ratio of 1.46 and a beta of 2.81. The company’s fifty day moving average price is $35.62 and its two-hundred day moving average price is $35.45.

Amer Sports (NYSE:AS) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, beating 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 firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the prior year, the firm posted $0.17 EPS. The firm’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, research analysts predict that Amer Sports, Inc. will post 1.15 earnings per share for the current fiscal year.

Insider Transactions at Amer Sports

In related 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 value of $414,741.88. Following the sale, the chief executive officer owned 15,275 shares of the company’s stock, valued at $553,871.50. This trade represents a 42.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $36.26, for a total transaction of $217,741.30. Following the completion of the sale, the chief financial officer directly owned 11,828 shares in the company, valued at approximately $428,883.28. This trade represents a 33.67% decrease in their position. 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. In the last ninety days, insiders have sold 27,125 shares of company stock valued at $956,673.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Piper Sandler reissued an “overweight” rating on shares of Amer Sports in a research report on Friday, February 20th. Truist Financial set a $49.00 target price on shares of Amer Sports in a research note on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of Amer Sports in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $49.00 target price on shares of Amer Sports in a research note on Thursday, January 8th. Finally, Zacks Research downgraded shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amer Sports presently has an average rating of “Buy” and an average target price of $47.12.

Amer Sports 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).