Under Armour (NYSE:UAA) CFO Purchases 18,656 Shares of Stock

Under Armour, Inc. (NYSE:UAA) CFO Reza Taleghani acquired 18,656 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $5.37 per share, with a total value of $100,182.72. Following the completion of the purchase, the chief financial officer directly owned 87,621 shares in the company, valued at $470,524.77. The trade was a 27.05% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Under Armour Stock Down 1.9%

UAA stock traded down $0.10 during trading on Wednesday, reaching $5.24. 9,499,042 shares of the company traded hands, compared to its average volume of 9,106,212. The business has a 50 day simple moving average of $6.41 and a 200 day simple moving average of $6.35. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $8.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.96 and a current ratio of 1.81. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of -4.56, a price-to-earnings-growth ratio of 1.86 and a beta of 1.67.

Under Armour (NYSE:UAA) last announced its earnings results on Friday, August 7th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. The firm’s revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 earnings per share. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030–0.010 EPS. On average, equities research analysts anticipate that Under Armour, Inc. will post 0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UAA has been the subject of a number of analyst reports. The Goldman Sachs Group reissued a “neutral” rating and set a $6.00 target price on shares of Under Armour in a research report on Wednesday, May 13th. Stifel Nicolaus set a $6.00 price target on shares of Under Armour and gave the stock a “hold” rating in a report on Tuesday, May 12th. Barclays downgraded Under Armour from an “equal weight” rating to an “underweight” rating and set a $5.00 price target on the stock. in a research report on Tuesday. Citigroup reiterated a “sell” rating and set a $4.75 price objective (down from $6.20) on shares of Under Armour in a report on Wednesday, May 13th. Finally, Zacks Research lowered Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $5.94.

Hedge Funds Weigh In On Under Armour

Institutional investors have recently made changes to their positions in the company. Fairfax Financial Holdings Ltd. Can increased its stake in shares of Under Armour by 564.8% in the 4th quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock valued at $208,536,000 after purchasing an additional 35,647,123 shares in the last quarter. Marshall Wace LLP boosted its position in Under Armour by 113.8% during the third quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock worth $31,420,000 after purchasing an additional 3,351,976 shares in the last quarter. Whitebox Advisors LLC acquired a new stake in Under Armour in the third quarter valued at approximately $11,237,000. Group One Trading LLC grew its holdings in Under Armour by 378.3% in the first quarter. Group One Trading LLC now owns 1,568,227 shares of the company’s stock valued at $9,268,000 after purchasing an additional 2,131,642 shares during the period. Finally, Deltroit Asset Management UK LLP purchased a new stake in shares of Under Armour in the fourth quarter valued at approximately $9,909,000. 34.58% of the stock is owned by hedge funds and other institutional investors.

Under Armour Company Profile

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.