Key Points
- Insider Wen-Chang Chen sold 117,461 Amer Sports shares for approximately $3.12 million at an average price of $26.60, reducing his ownership by 21.27% while retaining 434,855 shares.
- Amer Sports shares were trading near their 52-week low at $26.20, down 3.4%, despite the company reporting quarterly earnings and revenue above analyst expectations, with revenue up 32.1% year over year.
- Wall Street maintains a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $45.92; the company has also raised its outlook and set ambitious long-term growth targets.
Amer Sports, Inc. (NYSE:AS - Get Free Report) insider Wen-Chang Chen sold 117,461 shares of the company's stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $26.60, for a total transaction of $3,124,462.60. Following the sale, the insider owned 434,855 shares of the company's stock, valued at $11,567,143. This trade represents a 21.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Amer Sports Trading Down 3.4%
Amer Sports stock opened at $26.20 on Friday. Amer Sports, Inc. has a 52 week low of $26.18 and a 52 week high of $42.76. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.80 and a current ratio of 1.76. The firm has a market capitalization of $14.51 billion, a PE ratio of 27.58, a PEG ratio of 0.87 and a beta of 1.99. The business's 50-day simple moving average is $32.62 and its 200-day simple moving average is $33.93.
Amer Sports (NYSE:AS - Get Free Report) last announced its earnings results on Monday, August 17th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.11. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. Amer Sports had a return on equity of 11.18% and a net margin of 7.35%.The firm's revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.03 EPS. Equities research analysts forecast that Amer Sports, Inc. will post 1.29 earnings per share for the current year.
Hedge Funds Weigh In On Amer Sports
Hedge funds and other institutional investors have recently made changes to their positions in the business. Aspex Management HK Ltd lifted its holdings in Amer Sports by 27.9% during the 4th quarter. Aspex Management HK Ltd now owns 7,593,627 shares of the company's stock valued at $283,622,000 after purchasing an additional 1,658,536 shares during the last quarter. Artisan Partners Limited Partnership grew its stake in Amer Sports by 1,306.7% during the fourth quarter. Artisan Partners Limited Partnership now owns 5,214,439 shares of the company's stock worth $194,759,000 after buying an additional 4,843,742 shares during the last quarter. Avala Global LP grew its stake in Amer Sports by 38.8% during the fourth quarter. Avala Global LP now owns 4,637,149 shares of the company's stock worth $173,198,000 after buying an additional 1,297,200 shares during the last quarter. Temasek Holdings Private Ltd increased its holdings in shares of 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 buying an additional 1,086,616 shares in the last quarter. Finally, Brown Advisory Inc. increased its holdings in shares of 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 buying an additional 172,518 shares in the last quarter. 40.25% of the stock is owned by institutional investors.
Trending Headlines about Amer Sports
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
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the stock. Piper Sandler reaffirmed an "overweight" rating on shares of Amer Sports in a research report on Wednesday, August 19th. BMO Capital Markets assumed coverage on shares of Amer Sports in a research report on Tuesday, September 8th. They issued an "outperform" rating and a $38.00 price target on the stock. UBS Group restated a "buy" rating on shares of Amer Sports in a report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Amer Sports in a research report on Wednesday, August 19th. Finally, Truist Financial decreased their target price on Amer Sports from $50.00 to $42.00 and set a "buy" rating on the stock in a research report on Wednesday, August 19th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Amer Sports presently has a consensus rating of "Moderate Buy" and an average price target of $45.92.
Check Out Our Latest Stock Analysis on AS
Amer Sports Company Profile
(
Get Free Report)
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.
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