Andrew Page Sells 2,052 Shares of Amer Sports (NYSE:AS) Stock

Amer Sports, Inc. (NYSE:AS) CFO Andrew Page sold 2,052 shares of Amer Sports stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $33.28, for a total value of $68,290.56. Following the completion of the transaction, the chief financial officer owned 4,083 shares of the company’s stock, valued at $135,882.24. The trade was a 33.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Amer Sports Stock Down 1.5%

Shares of AS stock traded down $0.50 during trading hours on Thursday, reaching $33.36. 2,811,105 shares of the stock were exchanged, compared to its average volume of 4,830,262. The business’s fifty day moving average is $36.25 and its two-hundred day moving average is $35.49. The firm has a market capitalization of $18.47 billion, a P/E ratio of 44.48, a P/E/G ratio of 1.31 and a beta of 2.80. Amer Sports, Inc. has a 12-month low of $20.21 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.

Amer Sports (NYSE:AS) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share (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 company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the previous year, the firm earned $0.17 earnings per share. The firm’s quarterly 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. As a group, research analysts expect that Amer Sports, Inc. will post 0.46 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on AS. Piper Sandler reissued an “overweight” rating on shares of Amer Sports in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $49.00 price target on Amer Sports in a report on Thursday, January 8th. Evercore increased their price objective on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Wells Fargo & Company raised their target price on Amer Sports from $40.00 to $45.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 16th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Amer Sports in a research note on Friday, March 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $47.12.

Institutional Investors Weigh In On Amer Sports

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kestra Advisory Services LLC acquired a new position in Amer Sports in the fourth quarter valued at $27,000. 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 purchasing an additional 742 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of 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 during the last quarter. Financial Consulate Inc. purchased a new stake in shares of Amer Sports in the 3rd quarter valued at about $40,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of Amer Sports by 241.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock valued at $42,000 after purchasing an additional 848 shares during the period. 40.25% of the stock is owned by hedge funds and other institutional investors.

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).