Under Armour (NYSE:UAA – Get Free Report)‘s stock had its “market perform” rating reissued by analysts at Telsey Advisory Group in a note issued to investors on Friday,Benzinga reports. They currently have a $5.00 price objective on the stock. Telsey Advisory Group’s price target points to a potential downside of 17.42% from the stock’s previous close.
Several other research firms have also weighed in on UAA. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. BTIG Research assumed coverage on Under Armour in a report on Tuesday, October 14th. They issued a “neutral” rating on the stock. Citigroup reissued a “neutral” rating and set a $6.20 target price (up previously from $5.00) on shares of Under Armour in a research note on Friday, January 23rd. Truist Financial set a $6.00 target price on Under Armour in a research report on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a report on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $6.44.
Read Our Latest Report on Under Armour
Under Armour Stock Performance
Under Armour (NYSE:UAA – Get Free Report) last issued its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the business earned $0.39 EPS. The firm’s quarterly revenue was down 4.7% on a year-over-year basis. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, research analysts predict that Under Armour will post 0.3 EPS for the current year.
Insider Buying and Selling
In other news, major shareholder V Prem Et Al Watsa purchased 13,182,469 shares of the stock in a transaction dated Tuesday, December 30th. The stock was acquired at an average cost of $5.12 per share, for a total transaction of $67,494,241.28. Following the completion of the transaction, the insider directly owned 41,958,923 shares in the company, valued at approximately $214,829,685.76. This represents a 45.81% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders acquired 42,448,155 shares of company stock worth $219,067,338 in the last 90 days. 15.60% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Under Armour
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Laurel Wealth Advisors LLC increased its stake in Under Armour by 583.0% during the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after purchasing an additional 3,498 shares during the period. Neo Ivy Capital Management acquired a new position in shares of Under Armour in the second quarter valued at approximately $44,000. State of Wyoming purchased a new stake in Under Armour during the 2nd quarter worth approximately $44,000. Uhlmann Price Securities LLC acquired a new stake in Under Armour during the 3rd quarter worth approximately $46,000. Finally, GAMMA Investing LLC boosted its position in Under Armour by 163.3% in the 2nd quarter. GAMMA Investing LLC now owns 7,013 shares of the company’s stock valued at $48,000 after buying an additional 4,350 shares during the period. 34.58% of the stock is currently 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.
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