Amer Sports Target of Unusually Large Options Trading (NYSE:AS)

Posted by George Bondi on Aug 16th, 2026

Amer Sports, Inc. (NYSE:AS – Get Free Report) was the target of some unusual options trading on Friday. Stock traders purchased 63,914 call options on the stock. This represents an increase of 1,368% compared to the average daily volume of 4,353 call options.

Amer Sports Price Performance

Shares of AS traded down $0.25 during trading hours on Friday, hitting $32.87. 4,535,345 shares of the company were exchanged, compared to its average volume of 4,535,520. The company has a quick ratio of 0.82, a current ratio of 1.66 and a debt-to-equity ratio of 0.10. Amer Sports has a fifty-two week low of $28.92 and a fifty-two week high of $42.76. The company has a market cap of $18.20 billion, a price-to-earnings ratio of 41.08, a P/E/G ratio of 1.14 and a beta of 2.05. The firm’s fifty day moving average is $35.01 and its 200 day moving average is $35.44.

Amer Sports (NYSE:AS – Get Free Report) last posted its quarterly earnings results on Tuesday, May 19th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.07. Amer Sports had a return on equity of 10.29% and a net margin of 6.50%.The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the previous year, the firm earned $0.27 earnings per share. Amer Sports’s revenue for the quarter was up 32.1% compared to the same quarter last year. Amer Sports has set its FY 2026 guidance at 1.180-1.230 EPS. On average, equities analysts anticipate that Amer Sports will post 1.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Truist Financial raised their price target on shares of Amer Sports from $49.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. Robert W. Baird set a $51.00 price objective on shares of Amer Sports in a report on Wednesday, May 20th. JPMorgan Chase & Co. increased their target price on shares of Amer Sports from $59.00 to $64.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. UBS Group raised their target price on shares of Amer Sports from $60.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $45.00 price target on shares of Amer Sports in a research report on Monday, July 27th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $49.70.

Read Our Latest Analysis on AS

Insider Transactions at Amer Sports

In other Amer Sports news, insider Wen-Chang (Victor) Chen sold 13,075 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $35.62, for a total transaction of $465,731.50. Following the transaction, the insider owned 149,821 shares in the company, valued at $5,336,624.02. This trade represents a 8.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Stuart Haselden sold 215,275 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $35.57, for a total value of $7,657,331.75. Following the transaction, the chief executive officer owned 215,275 shares in the company, valued at $7,657,331.75. The trade was a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 833,580 shares of company stock valued at $29,200,266.

Hedge Funds Weigh In On Amer Sports

Several hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in shares of Amer Sports by 84.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 761 shares of the company’s stock worth $25,000 after acquiring an additional 348 shares during the period. Kestra Advisory Services LLC bought a new position in Amer Sports in the fourth quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd increased its stake in Amer Sports by 484.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock valued at $29,000 after acquiring an additional 703 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in Amer Sports by 1,030.6% during the fourth 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. Finally, PNC Financial Services Group Inc. raised its position in Amer Sports by 241.6% during the third 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 in the last quarter. 40.25% of the stock is currently owned by institutional investors and hedge funds.

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).