Under Armour, Inc. $UA Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lowered its position in Under Armour, Inc. (NYSE:UA) by 88.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,898 shares of the company’s stock after selling 249,445 shares during the period. SG Americas Securities LLC’s holdings in Under Armour were worth $185,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Symmetry Peak Management LLC acquired a new stake in Under Armour in the fourth quarter valued at $48,000. Keel Point LLC acquired a new position in Under Armour during the third quarter worth about $52,000. Quarry LP acquired a new stake in shares of Under Armour in the third quarter valued at approximately $53,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of Under Armour during the 4th quarter worth approximately $54,000. Finally, CWM LLC grew its holdings in Under Armour by 94.7% during the 4th quarter. CWM LLC now owns 11,685 shares of the company’s stock valued at $56,000 after buying an additional 5,682 shares during the last quarter. 36.35% of the stock is owned by institutional investors and hedge funds.

Under Armour Trading Up 2.5%

Under Armour stock traded up $0.16 during trading on Friday, hitting $6.61. The company’s stock had a trading volume of 1,733,180 shares, compared to its average volume of 3,699,558. The stock’s fifty day moving average is $5.75 and its 200 day moving average is $5.96. Under Armour, Inc. has a 1-year low of $3.95 and a 1-year high of $7.91. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of -5.70 and a beta of 1.59. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.62.

Under Armour (NYSE:UA) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.17 billion. Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS.

Wall Street Analyst Weigh In

UA has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a research note on Friday, May 8th. Robert W. Baird set a $5.50 price target on shares of Under Armour in a report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Under Armour presently has an average rating of “Sell” and a consensus price target of $5.50.

Insider Activity

In related news, major shareholder V Prem Et Al Watsa bought 739,521 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average cost of $4.97 per share, with a total value of $3,675,419.37. Following the completion of the transaction, the insider owned 44,179,116 shares of the company’s stock, valued at approximately $219,570,206.52. The trade was a 1.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have purchased 1,178,344 shares of company stock valued at $5,865,147 over the last 90 days. 15.60% of the stock is currently owned by company insiders.

Under Armour Profile

Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company’s product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.

The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.