Mezzasalma Advisors LLC Takes $989,000 Position in Amer Sports, Inc. $AS

Mezzasalma Advisors LLC acquired a new stake in shares of Amer Sports, Inc. (NYSE:AS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 26,376 shares of the company’s stock, valued at approximately $989,000.

A number of other hedge funds have also bought and sold shares of the business. AQR Capital Management LLC purchased a new stake in shares of Amer Sports during the 1st quarter valued at about $565,000. Goldman Sachs Group Inc. raised its holdings in shares of Amer Sports by 44.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,173,674 shares of the company’s stock valued at $31,372,000 after purchasing an additional 358,536 shares during the last quarter. Legal & General Group Plc lifted its position in Amer Sports by 103.2% during the second quarter. Legal & General Group Plc now owns 16,404 shares of the company’s stock valued at $636,000 after purchasing an additional 8,330 shares during the period. American Century Companies Inc. purchased a new stake in Amer Sports in the second quarter worth approximately $472,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Amer Sports by 276.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,364 shares of the company’s stock worth $130,000 after purchasing an additional 2,470 shares during the last quarter. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Analyst Upgrades and Downgrades

AS has been the subject of a number of research reports. Truist Financial set a $49.00 target price on shares of Amer Sports in a research note on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of Amer Sports in a research note on Friday, March 27th. Barclays assumed coverage on Amer Sports in a report on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price objective for the company. Evercore increased their target price on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Finally, Zacks Research cut Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $47.12.

Insider Buying and Selling at Amer Sports

In other Amer Sports news, CEO Stuart Haselden sold 6,511 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $33.28, for a total value of $216,686.08. Following the completion of the sale, the chief executive officer owned 5,448 shares in the company, valued at $181,309.44. This represents a 54.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Andrew E. Page sold 2,052 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $33.28, for a total value of $68,290.56. Following the completion of the transaction, the chief financial officer directly owned 4,083 shares in the company, valued at $135,882.24. This trade represents a 33.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,020 shares of company stock worth $300,186 over the last quarter.

Amer Sports Stock Down 0.1%

AS opened at $33.36 on Monday. 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 $20.21 and a 1-year high of $42.76. The company has a market capitalization of $18.47 billion, a PE ratio of 44.48, a PEG ratio of 1.33 and a beta of 2.81. The firm’s 50 day simple moving average is $36.09 and its two-hundred day simple moving average is $35.42.

Amer Sports (NYSE:AS) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.99 billion. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The company’s revenue for the quarter was up 28.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.17 EPS. 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. As a group, equities analysts forecast that Amer Sports, Inc. will post 0.46 EPS for the current year.

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).