Amer Sports (NYSE:AS) CEO Sells $414,741.88 in Stock

Key Points

• Amer Sports CEO Stuart Haselden sold 11,438 shares on April 16 at an average of $36.26 for $414,741.88 to cover tax withholding from vesting awards, cutting his stake by 42.82% to 15,275 shares (about $553,872).
• Amer Sports recently beat quarterly expectations with EPS of $0.31 vs. $0.27 and revenue of $2.10 billion (up 28.5% year‑over‑year), has FY2026 EPS guidance of 1.10–1.15, and carries an average analyst rating of Buy with a $47.12 target.

Amer Sports, Inc. (NYSE:AS - Get Free Report) CEO Stuart Haselden sold 11,438 shares of the company's stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $36.26, for a total value of $414,741.88. Following the completion of the transaction, the chief executive officer owned 15,275 shares of the company's stock, valued at $553,871.50. The trade was a 42.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Stuart Haselden also recently made the following trade(s):

• On Thursday, April 2nd, Stuart Haselden sold 6,511 shares of Amer Sports stock. The stock was sold at an average price of $33.28, for a total transaction of $216,686.08.

Amer Sports Trading Down 1.1%

Shares of NYSE:AS traded down $0.42 on Thursday, hitting $36.00. 2,768,191 shares of the company's stock were exchanged, compared to its average volume of 4,228,443. Amer Sports, Inc. has a 12 month low of $21.06 and a 12 month high of $42.76. The stock has a market capitalization of $19.94 billion, a price-to-earnings ratio of 37.93, a price-to-earnings-growth ratio of 1.45 and a beta of 2.81. The business's 50 day simple moving average is $35.77 and its two-hundred day simple moving average is $35.40. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76.

Amer Sports (NYSE:AS - Get Free Report) last released its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period last year, the company earned $0.17 earnings per share. The business's revenue for the quarter was up 28.5% compared to the same quarter last year. 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. Analysts anticipate that Amer Sports, Inc. will post 0.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AS has been the topic of several analyst reports. UBS Group reiterated a "buy" rating on shares of Amer Sports in a research note on Friday, March 13th. Piper Sandler restated an "overweight" rating on shares of Amer Sports in a research note on Friday, February 20th. Evercore boosted their price target on Amer Sports from $50.00 to $51.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft set a $49.00 price target on Amer Sports in a research note on Thursday, January 8th. Finally, Truist Financial set a $49.00 price target on Amer Sports in a research note on Wednesday, February 25th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $47.12.

Institutional Investors Weigh In On Amer Sports

Large investors have recently modified their holdings of the business. Kestra Advisory Services LLC purchased a new stake in shares of Amer Sports during the fourth quarter worth about $27,000. Caitong International Asset Management Co. Ltd boosted its position 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 buying an additional 703 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in Amer Sports by 1,030.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company's stock valued at $30,000 after buying an additional 742 shares during the last quarter. Financial Consulate Inc. purchased a new stake in Amer Sports in the third quarter valued at approximately $40,000. Finally, PNC Financial Services Group Inc. boosted its position in Amer Sports by 241.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company's stock valued at $42,000 after buying an additional 848 shares during the last quarter. Hedge funds and other 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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.