Amer Sports (NYSE:AS) General Counsel Jutta Karlsson Sells 457 Shares of Stock

Amer Sports, Inc. (NYSE:AS) General Counsel Jutta Karlsson sold 457 shares of Amer Sports 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 $15,208.96. Following the transaction, 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 sale was disclosed in a filing with the SEC, which is available through this link.

Amer Sports Trading Down 0.1%

Amer Sports stock opened at $33.36 on Friday. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.25. Amer Sports, Inc. has a 12 month low of $20.21 and a 12 month high of $42.76. The stock’s 50 day simple moving average is $36.09 and its two-hundred day simple moving average is $35.44. The firm has a market cap of $18.47 billion, a PE ratio of 44.48, a P/E/G ratio of 1.33 and a beta of 2.81.

Amer Sports (NYSE:AS) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 EPS 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 business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter last year, the company earned $0.17 EPS. The business’s revenue 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. Analysts anticipate that Amer Sports, Inc. will post 0.46 earnings per share for the current year.

Hedge Funds Weigh In On Amer Sports

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new stake in shares of Amer Sports during the fourth quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd lifted its holdings in Amer Sports by 484.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock valued at $29,000 after purchasing an additional 703 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Amer Sports by 1,030.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock valued at $30,000 after purchasing an additional 742 shares in the last quarter. Financial Consulate Inc. acquired a new stake in Amer Sports during the 3rd quarter worth $40,000. Finally, PNC Financial Services Group Inc. boosted its stake in Amer Sports by 241.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock worth $42,000 after purchasing an additional 848 shares during the last quarter. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Analysts Set New Price Targets

AS has been the topic of several recent analyst reports. Piper Sandler reissued an “overweight” rating on shares of Amer Sports in a research note on Friday, February 20th. Barclays began coverage on Amer Sports in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price target for the company. Truist Financial set a $49.00 price target on Amer Sports in a report on Wednesday, February 25th. Zacks Research downgraded Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Finally, UBS Group reissued 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 given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $47.12.

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).