<div id="readability-page-1"><p>Hood River Capital Management LLC cut its holdings in shares of  Amer Sports, Inc. (NYSE:AS - Free Report) by 18.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 227,850 shares of the company's stock after selling 49,936 shares during the period. Hood River Capital Management LLC's holdings in Amer Sports were worth $8,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>How Did Peter Thiel-Backed Crypto Exchange Bullish's IPO Go?</li></ul><p>Other hedge funds also recently added to or reduced their stakes in the company. Quarry LP acquired a new position in shares of  Amer Sports in the 1st quarter valued at about $34,000.  SBI Securities Co. Ltd. grew its holdings in  Amer Sports by 146.4% during the second quarter. SBI Securities Co. Ltd. now owns 897 shares of the company's stock worth $35,000 after acquiring an additional 533 shares during the period.  Colonial Trust Advisors purchased a new position in  Amer Sports during the first quarter valued at approximately $93,000.  GAMMA Investing LLC lifted its holdings in  Amer Sports by 17.4% in the second quarter. GAMMA Investing LLC now owns 2,614 shares of the company's stock valued at $101,000 after acquiring an additional 387 shares during the period.  Finally, Northwestern Mutual Wealth Management Co. boosted its position in  Amer Sports by 276.3% in the 2nd 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 in the last quarter. 40.25% of the stock is owned by hedge funds and other institutional investors. </p><h2>Amer Sports Stock Up 4.0%</h2><p>Shares of NYSE AS opened at $37.23 on Tuesday. The firm has a market cap of $20.62 billion, a price-to-earnings ratio of 67.70, a price-to-earnings-growth ratio of 0.97 and a beta of 2.84. The company's 50-day simple moving average is $33.07 and its 200-day simple moving average is $36.04. The company has a quick ratio of 0.70, a current ratio of 1.51 and a debt-to-equity ratio of 0.24. Amer Sports, Inc. has a 52-week low of $20.21 and a 52-week high of $42.36. </p><ul><li>Lululemon Slips as Rivals Rally: 3 Stocks to Watch</li></ul><p>Amer Sports (NYSE:AS - Get Free Report) last issued its quarterly earnings results on Tuesday, November 18th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.08. Amer Sports had a net margin of 5.10% and a return on equity of 8.51%. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same period last year, the company posted $0.14 EPS. Amer Sports's quarterly revenue was up 29.7% compared to the same quarter last year. Amer Sports has set its FY 2025 guidance at 0.880-0.920 EPS.  Equities analysts predict that  Amer Sports, Inc. will post 0.46 EPS for the current fiscal year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several research firms have recently weighed in on AS. Wall Street Zen lowered shares of Amer Sports from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Sunday, October 26th. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Amer Sports in a report on Monday, December 1st. Morgan Stanley  set a $41.00 price objective on shares of Amer Sports and gave the stock a &#34;positive&#34; rating in a research report on Monday, September 22nd. Nomura  set a $39.80 target price on Amer Sports and gave the company a &#34;buy&#34; rating in a research report on Tuesday, November 18th. Finally, Evercore ISI lifted their price target on Amer Sports from $43.00 to $46.00 and gave the company an &#34;outperform&#34; rating in a research note on Wednesday, November 19th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned  a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $44.34.</p><ul><li>Amer Sports: The New ONON and DECK of Consumer Discretionary?</li></ul><p><b>Read Our Latest Stock Report on AS</b></p><h2>Amer Sports Profile</h2> (Free Report)<p>Amer Sports, Inc designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball &amp; Racquet Sports.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Amer Sports</li><li>Insider Trades May Not Tell You What You Think</li><li>Top 5 Highest-Rated Dividend Stocks, According to MarketBeat</li><li>What Does a Gap Up Mean in Stocks? How to Play the Gap</li><li>What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health</li><li>Stock Splits, Do They Really Impact Investors?</li><li>3 Stocks Most Likely to Split in 2026</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFT?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFT"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in Amer Sports Right Now?</h2><p>Before you consider Amer Sports, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amer Sports wasn't on the list.</p><p>While Amer Sports currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Hood River Capital Management LLC reduced its holdings in Amer Sports, Inc. by 18% in Q2, owning 227,850 shares valued at $8.83 million. Amer Sports reported a Q3 EPS of $0.33, surpassing estimates, with a 29.7% revenue increase year-over-year. Analysts have mixed ratings on the stock, with a consensus of 'Moderate Buy' and an average target price of $44.34.</p>

Amer Sports, Inc. $AS Shares Sold by Hood River Capital Management LLC