Academy Sports and Outdoors, Inc. $ASO Stock Sold by King Luther Capital Management Corp

Posted by Brian Himes on Nov 12th, 2026

King Luther Capital Management Corp decreased its stake in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Free Report) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,374,723 shares of the company’s stock after selling 60,050 shares during the period. King Luther Capital Management Corp’s holdings in Academy Sports and Outdoors were worth $66,110,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC increased its holdings in Academy Sports and Outdoors by 3.1% in the third quarter. Ashton Thomas Private Wealth LLC now owns 6,804 shares of the company’s stock valued at $327,000 after buying an additional 202 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Academy Sports and Outdoors by 52.1% during the third quarter. Farther Finance Advisors LLC now owns 736 shares of the company’s stock valued at $35,000 after buying an additional 252 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Academy Sports and Outdoors by 38.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 921 shares of the company’s stock worth $52,000 after buying an additional 258 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Academy Sports and Outdoors by 6.1% during the 3rd quarter. GAMMA Investing LLC now owns 5,045 shares of the company’s stock worth $243,000 after buying an additional 291 shares during the last quarter. Finally, State of Wyoming grew its position in shares of Academy Sports and Outdoors by 28.3% in the 3rd quarter. State of Wyoming now owns 1,489 shares of the company’s stock worth $72,000 after acquiring an additional 328 shares in the last quarter.

Insider Activity

In other Academy Sports and Outdoors news, Director Brian Marley sold 10,432 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $53.25, for a total transaction of $555,504.00. Following the transaction, the director owned 32,607 shares of the company’s stock, valued at approximately $1,736,322.75. This trade represents a 24.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Samuel J. Johnson sold 70,303 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $51.79, for a total value of $3,640,992.37. Following the sale, the president directly owned 36,861 shares in the company, valued at approximately $1,909,031.19. The trade was a 65.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 106,315 shares of company stock worth $5,576,537. 4.08% of the stock is owned by corporate insiders.

Academy Sports and Outdoors Stock Performance

ASO opened at $69.32 on Thursday. Academy Sports and Outdoors, Inc. has a twelve month low of $41.29 and a twelve month high of $71.29. The company has a current ratio of 1.74, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23. The stock has a market cap of $4.27 billion, a PE ratio of 11.55, a price-to-earnings-growth ratio of 0.98 and a beta of 0.94. The business’s 50 day moving average is $55.07 and its 200-day moving average is $53.20.

Academy Sports and Outdoors (NASDAQ:ASO – Get Free Report) last announced its quarterly earnings results on Wednesday, September 9th. The company reported $2.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.24. Academy Sports and Outdoors had a return on equity of 18.36% and a net margin of 6.39%. The company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the previous year, the firm posted $1.94 EPS. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. On average, analysts predict that Academy Sports and Outdoors, Inc. will post 6.24 earnings per share for the current year.

Academy Sports and Outdoors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 16th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Wednesday, September 16th. Academy Sports and Outdoors’s dividend payout ratio is currently 10.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ASO shares. Truist Financial boosted their price target on Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a “hold” rating in a report on Thursday, September 10th. Cantor Fitzgerald initiated coverage on Academy Sports and Outdoors in a research note on Monday. They set an “overweight” rating and a $89.00 price objective on the stock. Telsey Advisory Group raised their price objective on Academy Sports and Outdoors from $60.00 to $63.00 and gave the stock an “outperform” rating in a research note on Thursday, September 10th. Weiss Ratings raised shares of Academy Sports and Outdoors from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, November 3rd. Finally, BMO Capital Markets set a $42.00 target price on shares of Academy Sports and Outdoors and gave the stock a “market perform” rating in a report on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $61.27.

View Our Latest Stock Analysis on ASO

Academy Sports and Outdoors Company Profile

(Free Report)

Academy Sports and Outdoors, Inc. is a sporting goods and outdoor recreation retailer that sells products through its stores and e-commerce platform. Its merchandise includes sports and fitness equipment, outdoor and camping gear, hunting and fishing supplies, apparel, footwear and recreation products. The company serves customers primarily in the southern and eastern United States through a network of retail locations. Its stores offer products for a range of sports and outdoor activities, as well as items for everyday use.