Chip Wilson, the billionaire founder of Lululemon, sold $160 million worth of Amer Sports shares on August 29, 2025. This significant transaction represents a notable reduction in his holding in the company.
The sale by a high-profile investor like Wilson can draw market attention and may be interpreted in various ways regarding his outlook on Amer Sports' future performance or his broader investment strategy.
This insider selling event adds to the public float of Amer Sports shares. The company did not receive any proceeds from this sale, as it was a transaction by a selling shareholder.
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