809,200 Shares in Amer Sports, Inc. (NYSE:AS) Bought by Woodson Capital Management LP

Woodson Capital Management LP bought a new position in Amer Sports, Inc. (NYSE:AS) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 809,200 shares of the company’s stock, valued at approximately $12,907,000. Amer Sports accounts for approximately 2.5% of Woodson Capital Management LP’s investment portfolio, making the stock its 18th largest holding. Woodson Capital Management LP owned 0.16% of Amer Sports as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Signaturefd LLC bought a new position in Amer Sports in the third quarter worth $49,000. CWM LLC bought a new stake in shares of Amer Sports during the 3rd quarter valued at $73,000. Dnca Finance bought a new stake in shares of Amer Sports during the 2nd quarter valued at $81,000. Amalgamated Bank bought a new stake in shares of Amer Sports during the 2nd quarter valued at $83,000. Finally, Walleye Capital LLC bought a new stake in shares of Amer Sports during the 3rd quarter valued at $274,000. Institutional investors own 40.25% of the company’s stock.

Amer Sports Price Performance

Shares of NYSE:AS opened at $25.87 on Friday. Amer Sports, Inc. has a fifty-two week low of $10.11 and a fifty-two week high of $26.00. The business has a 50-day simple moving average of $18.98 and a two-hundred day simple moving average of $15.30. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.77 and a current ratio of 1.62. The firm has a market cap of $13.07 billion and a price-to-earnings ratio of -184.77.

Analysts Set New Price Targets

AS has been the topic of a number of research reports. Robert W. Baird boosted their target price on shares of Amer Sports from $20.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. UBS Group boosted their target price on shares of Amer Sports from $24.00 to $27.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. boosted their target price on shares of Amer Sports from $19.00 to $26.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Morgan Stanley lifted their price target on Amer Sports from $15.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. Finally, The Goldman Sachs Group lifted their price target on Amer Sports from $19.00 to $21.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.43.

Amer Sports Profile

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 & Racquet Sports.