Amer Sports (NYSE:AS) Insider Wen-Chang (Victor) Chen Sells 117,461 Shares of Stock

Amer Sports, Inc. (NYSE:AS) insider Wen-Chang Chen sold 117,461 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $26.60, for a total value of $3,124,462.60. Following the completion of the sale, the insider directly owned 434,855 shares of the company’s stock, valued at approximately $11,567,143. This represents a 21.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Amer Sports Trading Down 3.4%

NYSE:AS opened at $26.20 on Friday. The stock has a market cap of $14.51 billion, a PE ratio of 27.58, a price-to-earnings-growth ratio of 0.87 and a beta of 1.99. Amer Sports, Inc. has a fifty-two week low of $26.18 and a fifty-two week high of $42.76. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.76 and a quick ratio of 0.80. The stock’s 50-day moving average is $32.62 and its two-hundred day moving average is $33.93.

Amer Sports (NYSE:AS) last posted its quarterly earnings results on Monday, August 17th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.11 by $0.11. Amer Sports had a net margin of 7.35% and a return on equity of 11.18%. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same period last year, the company posted $0.03 earnings per share. The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. As a group, equities research analysts forecast that Amer Sports, Inc. will post 1.29 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amer Sports

Several institutional investors have recently bought and sold shares of AS. Aspex Management HK Ltd boosted its stake in shares of Amer Sports by 27.9% during the 4th quarter. Aspex Management HK Ltd now owns 7,593,627 shares of the company’s stock worth $283,622,000 after acquiring an additional 1,658,536 shares in the last quarter. Artisan Partners Limited Partnership raised its stake in shares of Amer Sports by 1,306.7% in the 4th quarter. Artisan Partners Limited Partnership now owns 5,214,439 shares of the company’s stock valued at $194,759,000 after acquiring an additional 4,843,742 shares in the last quarter. Avala Global LP lifted its holdings in Amer Sports by 38.8% in the 4th quarter. Avala Global LP now owns 4,637,149 shares of the company’s stock worth $173,198,000 after purchasing an additional 1,297,200 shares during the last quarter. Brown Advisory Inc. boosted its position in Amer Sports by 5.4% during the fourth quarter. Brown Advisory Inc. now owns 3,372,726 shares of the company’s stock worth $125,971,000 after purchasing an additional 172,518 shares during the period. Finally, Temasek Holdings Private Ltd boosted its position in Amer Sports by 42.1% during the first quarter. Temasek Holdings Private Ltd now owns 3,665,157 shares of the company’s stock worth $120,657,000 after purchasing an additional 1,086,616 shares during the period. 40.25% of the stock is currently owned by institutional investors.

More Amer Sports News

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

• Positive Sentiment: Amer Sports raised its third-quarter 2026 outlook and updated its long-term financial targets, signaling stronger-than-expected operating momentum across its premium sports and outdoor brands. The company’s investor-day presentation is providing investors with additional visibility into its growth strategy. Amer Sports Updates Long-Term Financial Algorithm and Third Quarter 2026 Guidance
• Positive Sentiment: The company is targeting $3 billion in annual Salomon sales by 2028. Achieving that goal would reinforce Salomon as a major growth engine and support Amer Sports’ broader revenue expansion plans. Amer Sports Targets $3 Billion in Salomon Sales by 2028
• Positive Sentiment: UBS said the raised third-quarter outlook supports its fiscal 2026 estimates, adding credibility to the company’s updated guidance. An independent investment analysis also highlighted Amer Sports’ strong revenue growth, roughly 60% gross margins, diversified brands and net-cash position. Amer Sports’ Raised Q3 Outlook Supports Fiscal 2026 Estimates, UBS Says Amer Sports: Best-In-Class With Undeniable Momentum
• Neutral Sentiment: The investor-day updates could improve transparency around Amer Sports’ long-term growth algorithm, but investors will likely focus on whether the company can convert its ambitious targets into sustained earnings and cash-flow growth.
• Negative Sentiment: Insider Wen-Chang Chen sold 117,461 shares for approximately $3.1 million, reducing his stake by 21.27%. Although he retained a substantial position, the transaction can weigh on sentiment, particularly while the stock is near its annual low. Amer Sports Insider Trading

Analysts Set New Price Targets

AS has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Amer Sports in a report on Wednesday, August 19th. UBS Group reaffirmed a “buy” rating on shares of Amer Sports in a research report on Thursday. JPMorgan Chase & Co. lifted their price target on Amer Sports from $59.00 to $64.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Weiss Ratings cut Amer Sports from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 19th. Finally, BMO Capital Markets began coverage on Amer Sports in a report on Tuesday, September 8th. They issued an “outperform” rating and a $38.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $45.92.

Amer Sports Company Profile

Amer Sports, Inc (NYSE: AS) is a global sporting goods company that designs, manufactures and markets equipment, apparel, footwear and accessories for outdoor, action sports and team sports. Its products are sold through wholesale partners, company-operated stores and digital channels across North America, Europe, Asia and other international markets.

The company’s brand portfolio includes Arc’teryx, which focuses on premium outdoor apparel and equipment; Salomon, known for mountain sports footwear and equipment; Wilson, which serves tennis, pickleball, baseball, basketball and other team sports; Atomic, which specializes in skiing products; and Peak Performance and Armada, which offer outdoor and winter sports apparel and equipment.

Amer Sports traces its origins to 1950 in Finland, where it was established as Amer-Yhtymä before developing into a diversified sporting goods group.