C WorldWide Group Holding A S Invests $6.92 Million in Amer Sports, Inc. $AS

Posted by Brian Himes on Jul 17th, 2026

C WorldWide Group Holding A S bought a new position in shares of Amer Sports, Inc. (NYSE:AS – Free Report) during the 1st quarter, HoldingsChannel reports. The firm bought 210,326 shares of the company’s stock, valued at approximately $6,924,000.

Several other hedge funds also recently added to or reduced their stakes in AS. JPMorgan Chase & Co. boosted its holdings in Amer Sports by 9.3% in the third quarter. JPMorgan Chase & Co. now owns 684,783 shares of the company’s stock worth $23,796,000 after acquiring an additional 58,350 shares in the last quarter. Polar Asset Management Partners Inc. acquired a new position in shares of Amer Sports during the third quarter valued at about $2,519,000. Massachusetts Financial Services Co. MA increased its holdings in shares of Amer Sports by 130.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,015,491 shares of the company’s stock valued at $112,629,000 after acquiring an additional 1,705,944 shares in the last quarter. Wakefield Asset Management LLLP purchased a new position in shares of Amer Sports in the 4th quarter valued at approximately $3,927,000. Finally, Ogborne Capital Management LLC purchased a new position in shares of Amer Sports in the 4th quarter valued at approximately $22,257,000. 40.25% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Jie (James) Zheng sold 500,000 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $34.42, for a total transaction of $17,210,000.00. Following the sale, the chief executive officer directly owned 1,262,385 shares of the company’s stock, valued at $43,451,291.70. This trade represents a 28.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Wen-Chang (Victor) Chen sold 13,075 shares of Amer Sports stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $35.62, for a total value of $465,731.50. Following the transaction, the insider owned 149,821 shares of the company’s stock, valued at approximately $5,336,624.02. This represents a 8.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 833,580 shares of company stock worth $29,200,266 over the last ninety days.

Analysts Set New Price Targets

AS has been the topic of several research analyst reports. UBS Group boosted their target price on shares of Amer Sports from $60.00 to $62.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Robert W. Baird set a $51.00 price target on shares of Amer Sports in a report on Wednesday, May 20th. Weiss Ratings upgraded shares of Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, April 27th. Truist Financial boosted their price objective on shares of Amer Sports from $49.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft set a $52.00 target price on Amer Sports in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Amer Sports presently has a consensus rating of “Buy” and an average target price of $48.70.

Get Our Latest Report on Amer Sports

Amer Sports Trading Up 1.1%

NYSE AS opened at $35.99 on Friday. The company has a market capitalization of $19.93 billion, a PE ratio of 44.99, a P/E/G ratio of 1.24 and a beta of 2.07. The company has a fifty day moving average of $34.82 and a 200 day moving average of $35.77. Amer Sports, Inc. has a 1 year low of $28.92 and a 1 year high of $42.76. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.66 and a quick ratio of 0.82.

Amer Sports (NYSE:AS – Get Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.07. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.84 billion. Amer Sports had a return on equity of 10.29% and a net margin of 6.50%.The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period last year, the firm earned $0.27 EPS. Amer Sports has set its FY 2026 guidance at 1.180-1.230 EPS. Research analysts forecast that Amer Sports, Inc. will post 1.22 earnings per share for the current year.

Amer Sports Profile

(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).