Key Points
- Amer Sports General Counsel Jutta Karlsson sold 662 shares at an average price of $36.26 (totaling $24,004.12) on April 16 to cover tax withholding for vested equity awards, reducing her stake by 5.32% to 11,791 shares; the transaction was disclosed in an SEC filing.
- Amer Sports recently beat quarterly estimates with $0.31 EPS and revenue up 28.5% year-over-year, provided FY2026 EPS guidance of 1.100–1.150, and currently carries a consensus analyst rating of Buy with a $47.12 average target.
Amer Sports, Inc. (NYSE:AS - Get Free Report) General Counsel Jutta Karlsson sold 662 shares of the firm's stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $36.26, for a total value of $24,004.12. Following the transaction, the general counsel directly owned 11,791 shares of the company's stock, valued at $427,541.66. The trade was a 5.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Amer Sports Stock Performance
Amer Sports stock opened at $37.04 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.76 and a current ratio of 1.50. The stock has a fifty day moving average of $35.76 and a two-hundred day moving average of $35.42. The company has a market capitalization of $20.51 billion, a price-to-earnings ratio of 49.38, a PEG ratio of 1.44 and a beta of 2.81. Amer Sports, Inc. has a fifty-two week low of $21.06 and a fifty-two week high of $42.76.
Amer Sports (NYSE:AS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 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 business 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 business earned $0.17 earnings per share. The business's revenue for the quarter 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. On average, analysts anticipate that Amer Sports, Inc. will post 0.46 EPS for the current fiscal year.
Hedge Funds Weigh In On Amer Sports
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted its position in Amer Sports by 95.2% in the first quarter. SG Americas Securities LLC now owns 530,550 shares of the company's stock worth $17,466,000 after purchasing an additional 258,714 shares during the period. Rockefeller Capital Management L.P. lifted its position in Amer Sports by 1,030.6% in 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 during the period. Invesco Ltd. lifted its position in Amer Sports by 19.6% in the fourth quarter. Invesco Ltd. now owns 232,193 shares of the company's stock worth $8,672,000 after purchasing an additional 37,988 shares during the period. Owlhouse Capital LP acquired a new stake in Amer Sports in the fourth quarter worth approximately $4,799,000. Finally, Vident Advisory LLC lifted its position in shares of Amer Sports by 14.5% during the 4th quarter. Vident Advisory LLC now owns 798,441 shares of the company's stock valued at $29,822,000 after acquiring an additional 101,343 shares during the last quarter. 40.25% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have commented on AS shares. Weiss Ratings restated a "hold (c)" rating on shares of Amer Sports in a research note on Friday, March 27th. Truist Financial set a $49.00 price target on Amer Sports in a research note on Wednesday, February 25th. UBS Group reiterated a "buy" rating on shares of Amer Sports in a research note on Friday, March 13th. Zacks Research lowered Amer Sports from a "strong-buy" rating to a "hold" rating in a report on Monday, January 19th. Finally, Piper Sandler reissued 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 assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $47.12.
Check Out Our Latest Report on Amer Sports
About Amer Sports
(
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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