Jutta Karlsson Sells 662 Shares of Amer Sports (NYSE:AS) Stock

Amer Sports, Inc. (NYSE:AS) General Counsel Jutta Karlsson sold 662 shares of Amer Sports stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total transaction of $24,004.12. Following the completion of the sale, the general counsel owned 11,791 shares of the company’s stock, valued at approximately $427,541.66. The trade was a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amer Sports Stock Up 2.8%

NYSE AS opened at $37.04 on Friday. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.25. Amer Sports, Inc. has a 1-year low of $21.06 and a 1-year high of $42.76. The company has a 50 day moving average of $35.76 and a 200-day moving average of $35.43. The company has a market cap 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 (NYSE:AS) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the business earned $0.17 earnings per share. The firm’s quarterly revenue 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, equities research analysts expect that Amer Sports, Inc. will post 0.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Evercore lifted their price objective on shares of Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. Truist Financial set a $49.00 price objective on shares of Amer Sports in a research note on Wednesday, February 25th. Piper Sandler reissued an “overweight” rating on shares of Amer Sports in a research note on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Amer Sports in a research note on Friday, March 27th. Finally, Zacks Research cut shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $47.12.

Institutional Trading of Amer Sports

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC grew its stake in shares of Amer Sports by 95.2% during the first quarter. SG Americas Securities LLC now owns 530,550 shares of the company’s stock worth $17,466,000 after buying an additional 258,714 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Amer Sports by 1,030.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock worth $30,000 after buying an additional 742 shares during the last quarter. Invesco Ltd. grew its stake in shares of Amer Sports by 19.6% during the fourth quarter. Invesco Ltd. now owns 232,193 shares of the company’s stock worth $8,672,000 after buying an additional 37,988 shares during the last quarter. Owlhouse Capital LP bought a new stake in shares of Amer Sports during the fourth quarter worth $4,799,000. Finally, Vident Advisory LLC grew its stake in shares of Amer Sports by 14.5% during the fourth quarter. Vident Advisory LLC now owns 798,441 shares of the company’s stock worth $29,822,000 after buying an additional 101,343 shares during the last quarter. Institutional investors own 40.25% of the company’s stock.

About Amer Sports

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).