Under Armour, Inc. (NYSE:UA – Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as $4.14 and last traded at $4.1450, with a volume of 995129 shares trading hands. The stock had previously closed at $4.35.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Under Armour in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Under Armour currently has an average rating of “Sell”.
Read Our Latest Report on Under Armour
Under Armour Stock Up 1.1%
Under Armour (NYSE:UA – Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.
Insider Buying and Selling
In other Under Armour news, Director Robert John Sweeney bought 100,000 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were purchased at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the transaction, the director directly owned 133,696 shares in the company, valued at approximately $652,436.48. The trade was a 296.77% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 15.60% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Under Armour
Institutional investors and hedge funds have recently made changes to their positions in the stock. GM Advisory Group LLC boosted its position in Under Armour by 326.2% during the third quarter. GM Advisory Group LLC now owns 130,660 shares of the company’s stock valued at $631,000 after acquiring an additional 100,000 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in Under Armour by 192.6% in the third quarter. Kestra Private Wealth Services LLC now owns 75,584 shares of the company’s stock valued at $365,000 after purchasing an additional 49,750 shares in the last quarter. PharVision Advisers LLC acquired a new position in Under Armour during the 3rd quarter worth approximately $119,000. XTX Topco Ltd bought a new position in shares of Under Armour in the 3rd quarter worth $1,465,000. Finally, Verition Fund Management LLC lifted its stake in shares of Under Armour by 39.9% in the third quarter. Verition Fund Management LLC now owns 32,763 shares of the company’s stock valued at $158,000 after buying an additional 9,338 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.
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