Stuart Haselden Sells 6,511 Shares of Amer Sports (NYSE:AS) Stock

Amer Sports, Inc. (NYSE:AS) CEO Stuart Haselden sold 6,511 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $33.28, for a total value of $216,686.08. Following the transaction, the chief executive officer directly owned 5,448 shares in the company, valued at approximately $181,309.44. This represents a 54.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Amer Sports Stock Down 0.1%

AS opened at $33.36 on Friday. The business has a 50 day moving average price of $36.09 and a two-hundred day moving average price of $35.44. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. The company 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, Inc. has a 52 week low of $20.21 and a 52 week high of $42.76.

Amer Sports (NYSE:AS) last announced its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The company’s revenue was up 28.5% on a year-over-year basis. During the same period last year, the business posted $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 anticipate that Amer Sports, Inc. will post 0.46 EPS for the current year.

Institutional Investors Weigh In On Amer Sports

Several institutional investors have recently made changes to their positions in AS. AQR Capital Management LLC purchased a new position in shares of Amer Sports in the 1st quarter valued at about $565,000. Goldman Sachs Group Inc. boosted its holdings in Amer Sports by 44.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,173,674 shares of the company’s stock worth $31,372,000 after buying an additional 358,536 shares in the last quarter. JPMorgan Chase & Co. grew its position in Amer Sports by 11,946.8% during the second quarter. JPMorgan Chase & Co. now owns 626,433 shares of the company’s stock worth $24,281,000 after buying an additional 621,233 shares during the period. Legal & General Group Plc grew its position in Amer Sports by 103.2% during the second quarter. Legal & General Group Plc now owns 16,404 shares of the company’s stock worth $636,000 after buying an additional 8,330 shares during the period. Finally, Rhumbline Advisers increased its holdings in Amer Sports by 150.9% in the second quarter. Rhumbline Advisers now owns 123,568 shares of the company’s stock valued at $4,789,000 after buying an additional 74,310 shares in the last quarter. 40.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Truist Financial set a $49.00 price objective on shares of Amer Sports in a research note on Wednesday, February 25th. Barclays assumed coverage on shares of Amer Sports in a research note on Tuesday, December 9th. They set an “overweight” rating and a $49.00 price target on the stock. Wells Fargo & Company increased their price target on shares of Amer Sports from $40.00 to $45.00 and gave the stock an “overweight” rating in a report on Tuesday, December 16th. Zacks Research downgraded shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft set a $49.00 price objective on Amer Sports in a report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $47.12.

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).