Key Points
- CFO Andrew Page sold 6,005 shares of Amer Sports on April 16 at an average price of $36.26 for total proceeds of $217,741.30 to cover tax withholding on vested awards, leaving him with 11,828 shares (a 33.67% reduction).
- Amer Sports beat quarterly estimates with $0.31 EPS and $2.10B revenue (up 28.5% YoY) and set FY2026 guidance of $1.100–$1.150 EPS (Q1 2026 guidance $0.280–$0.300), while analysts maintain an overall "Buy" consensus with a $47.12 average price target.
Amer Sports, Inc. (NYSE:AS - Get Free Report) CFO Andrew Page sold 6,005 shares of Amer Sports stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $36.26, for a total transaction of $217,741.30. Following the transaction, the chief financial officer directly owned 11,828 shares of the company's stock, valued at $428,883.28. This represents a 33.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Amer Sports Stock Performance
Shares of Amer Sports stock opened at $36.00 on Friday. The business has a 50-day moving average price of $35.77 and a two-hundred day moving average price of $35.40. Amer Sports, Inc. has a 1-year low of $21.06 and a 1-year high of $42.76. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.25. The company has a market cap of $19.94 billion, a P/E ratio of 47.99, a PEG ratio of 1.45 and a beta of 2.81.
Amer Sports (NYSE:AS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the business earned $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, analysts anticipate that Amer Sports, Inc. will post 0.46 EPS for the current year.
Institutional Investors Weigh In On Amer Sports
Hedge funds and other institutional investors have recently modified their holdings of the company. Kestra Advisory Services LLC acquired a new position in shares of Amer Sports during the fourth quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd increased its stake in Amer Sports by 484.8% during 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. increased its stake in Amer Sports by 1,030.6% during 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 position in Amer Sports during the third quarter worth $40,000. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Amer Sports by 241.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company's stock valued at $42,000 after buying an additional 848 shares in the last quarter. Institutional investors own 40.25% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the stock. Evercore raised their price objective on shares of Amer Sports from $50.00 to $51.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 25th. Weiss Ratings reiterated a "hold (c)" rating on shares of Amer Sports in a research report on Friday, March 27th. Zacks Research cut shares of Amer Sports from a "strong-buy" rating to a "hold" rating in a report on Monday, January 19th. Truist Financial set a $49.00 price target on shares of Amer Sports in a research note on Wednesday, February 25th. Finally, Piper Sandler reiterated an "overweight" rating on shares of Amer Sports in a report on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $47.12.
View Our Latest Research Report on AS
Amer Sports Company Profile
(
Get Free Report)
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).
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