Whitebox Advisors LLC Decreases Stock Holdings in Under Armour, Inc. $UAA

Whitebox Advisors LLC lowered its stake in shares of Under Armour, Inc. (NYSE:UAA) by 8.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,186,792 shares of the company’s stock after selling 114,573 shares during the quarter. Whitebox Advisors LLC owned about 0.28% of Under Armour worth $7,014,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Deltroit Asset Management UK LLP bought a new stake in shares of Under Armour in the 4th quarter valued at about $9,909,000. Bleakley Financial Group LLC raised its stake in shares of Under Armour by 99.7% during the 1st quarter. Bleakley Financial Group LLC now owns 476,521 shares of the company’s stock worth $2,816,000 after acquiring an additional 237,957 shares in the last quarter. Fairfax Financial Holdings Ltd. Can raised its stake in shares of Under Armour by 564.8% during the 4th quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock worth $208,536,000 after acquiring an additional 35,647,123 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in Under Armour during the fourth quarter valued at approximately $1,343,000. Finally, Vanguard Group Inc. lifted its position in Under Armour by 11.3% during the fourth quarter. Vanguard Group Inc. now owns 17,168,819 shares of the company’s stock valued at $85,329,000 after acquiring an additional 1,747,120 shares during the last quarter. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Insider Buying and Selling at Under Armour

In other news, major shareholder V Prem Et Al Watsa bought 739,521 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average cost of $4.97 per share, with a total value of $3,675,419.37. Following the transaction, the insider directly owned 44,179,116 shares in the company, 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 filing with the SEC, which is accessible through the SEC website. Insiders have acquired 1,178,344 shares of company stock worth $5,865,147 over the last 90 days. 15.70% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on UAA shares. Citigroup restated a “sell” rating and issued a $4.75 target price (down from $6.20) on shares of Under Armour in a research note on Wednesday, May 13th. Stifel Nicolaus set a $6.00 price target on Under Armour and gave the stock a “hold” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group reiterated a “neutral” rating and set a $6.00 price objective on shares of Under Armour in a report on Wednesday, May 13th. Telsey Advisory Group lowered their price objective on Under Armour from $6.00 to $5.50 and set a “market perform” rating for the company in a research report on Wednesday, May 13th. Finally, Barclays set a $5.00 target price on Under Armour and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $5.91.

Under Armour Stock Up 0.6%

UAA stock opened at $7.07 on Monday. The firm has a 50 day moving average of $6.16 and a 200 day moving average of $6.29. The stock has a market capitalization of $3.02 billion, a PE ratio of -6.10, a price-to-earnings-growth ratio of 2.32 and a beta of 1.67. The company has a quick ratio of 1.08, a current ratio of 1.62 and a debt-to-equity ratio of 0.42. Under Armour, Inc. has a 52 week low of $4.13 and a 52 week high of $8.15.

Under Armour (NYSE:UAA) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.17 billion. Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. Under Armour’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.08) EPS. 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. Sell-side analysts forecast that Under Armour, Inc. will post 0.11 earnings per share for the current year.

About Under Armour

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.