Amer Sports (AS) is down 3.1% today. Here is some analysis on what might have caused this price movement. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1988894/000198889426000035/amersports_annualreport2025.pdf?utm_source=openai))
Analysis: The most likely explanation is that investors are pulling back after the company’s strong August earnings-driven run, with no fresh company-specific positive update to extend that momentum. This could also be because the market is reassessing how much of Amer Sports’ recent profit strength came from tariff-related benefits while management’s outlook still assumes current Section 301 tariff rates remain in place. ([investors.amersports.com](https://investors.amersports.com/financial-news/news-details/2026/Amer-Sports-Reports-Second-Quarter-2026-Financial-Results-Raises-Full-Year-Revenue-Margin-and-EPS-Guidance/default.aspx?utm_source=openai))
Details:
Sources:
Amer Sports Investor Relations, SEC, AP News
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$AS Insider Trading Activity
$AS insiders have traded $AS stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.
Here’s a breakdown of recent trading of $AS stock by insiders over the last 6 months:
- JIE (JAMES) ZHENG (Chief Executive Officer) sold 500,000 shares for an estimated $17,210,450
- STUART HASELDEN (CEO of Arc'teryx Equipment) has made 0 purchases and 4 sales selling 233,224 shares for an estimated $8,288,193.
- ANDREW E PAGE (Chief Financial Officer) has made 0 purchases and 4 sales selling 113,287 shares for an estimated $4,153,758.
- WEN-CHANG (VICTOR) CHEN (Chief Strategy Officer) sold 13,075 shares for an estimated $465,764
- JUTTA C KARLSSON (General Counsel) has made 0 purchases and 2 sales selling 1,119 shares for an estimated $39,213.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$AS Hedge Fund Activity
We have seen 235 institutional investors add shares of $AS stock to their portfolio, and 171 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARTISAN PARTNERS LIMITED PARTNERSHIP removed 4,594,419 shares (-97.0%) from their portfolio in Q2 2026, for an estimated $155,475,138
- D. E. SHAW & CO., INC. removed 4,379,624 shares (-50.8%) from their portfolio in Q2 2026, for an estimated $148,206,476
- JUNTO CAPITAL MANAGEMENT LP added 2,646,364 shares (+583.8%) to their portfolio in Q2 2026, for an estimated $89,552,957
- FMR LLC added 2,448,010 shares (+9.8%) to their portfolio in Q2 2026, for an estimated $82,840,658
- WESTFIELD CAPITAL MANAGEMENT CO LP added 2,407,402 shares (+61.1%) to their portfolio in Q2 2026, for an estimated $81,466,483
- JANE STREET GROUP, LLC removed 2,279,899 shares (-94.0%) from their portfolio in Q2 2026, for an estimated $77,151,782
- BALYASNY ASSET MANAGEMENT L.P. removed 2,229,684 shares (-55.7%) from their portfolio in Q2 2026, for an estimated $75,452,506
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$AS Price Targets
Multiple analysts have issued price targets for $AS recently. We have seen 2 analysts offer price targets for $AS in the last 6 months, with a median target of $56.0.
Here are some recent targets:
- Joseph Civello from Truist Securities set a target price of $50.0 on 05/20/2026
- Jay Sole from UBS set a target price of $62.0 on 05/20/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
