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Amer Sports Chief Strategy Officer Exercises Options to Acquire More than $7 Million Shares. Is This a Signal to Buy AS?
The Motley Fool·
Victor Wen-Chang Chen, Chief Strategy Officer at Amer Sports, exercised stock options to acquire 402,495 shares, selling 117,461 shares at $26.60 per share to cover exercise costs and taxes. The transaction resulted in a net increase of his direct holdings to 434,855 shares, nearly tripling his previous stake. While the sale was non-discretionary, the insider's net accumulation of shares is viewed as a bullish signal, particularly given the company's strong growth momentum in Asia and extended guidance targeting low-double-digit to mid-teens sales CAGR through 2031.
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