Under Armour (NYSE:UAA – Get Free Report)‘s stock had its “market perform” rating reissued by Telsey Advisory Group in a report released on Friday,Benzinga reports. They presently have a $5.00 target price on the stock. Telsey Advisory Group’s target price would suggest a potential downside of 17.42% from the stock’s previous close.
UAA has been the topic of several other reports. UBS Group reissued a “buy” rating on shares of Under Armour in a research report on Friday, January 2nd. Citigroup reissued a “neutral” rating and issued a $6.20 price objective (up from $5.00) on shares of Under Armour in a report on Friday, January 23rd. Guggenheim raised Under Armour to a “strong-buy” rating in a report on Wednesday, December 10th. Zacks Research upgraded Under Armour from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 6th. Finally, Argus raised shares of Under Armour to a “hold” rating in a research report on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, sixteen have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Under Armour presently has a consensus rating of “Hold” and a consensus target price of $6.44.
Get Our Latest Stock Report on Under Armour
Under Armour Price Performance
Under Armour (NYSE:UAA – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The firm’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Equities analysts predict that Under Armour will post 0.3 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, major shareholder V Prem Et Al Watsa acquired 1,112,119 shares of the company’s stock in a transaction dated Wednesday, January 28th. The shares were acquired at an average price of $6.21 per share, with a total value of $6,906,258.99. Following the purchase, the insider directly owned 43,000,872 shares of the company’s stock, valued at $267,035,415.12. This trade represents a 2.65% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders purchased 42,448,155 shares of company stock valued at $219,067,338. Corporate insiders own 15.60% of the company’s stock.
Institutional Trading of Under Armour
A number of hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its holdings in shares of Under Armour by 395.3% during the third quarter. SG Americas Securities LLC now owns 747,130 shares of the company’s stock valued at $3,728,000 after acquiring an additional 596,294 shares during the last quarter. Vontobel Holding Ltd. raised its stake in Under Armour by 363.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 416,376 shares of the company’s stock valued at $2,078,000 after purchasing an additional 326,451 shares during the last quarter. American Century Companies Inc. lifted its holdings in Under Armour by 9.2% in the 2nd quarter. American Century Companies Inc. now owns 5,970,726 shares of the company’s stock valued at $40,780,000 after purchasing an additional 504,912 shares in the last quarter. Jump Financial LLC boosted its stake in Under Armour by 616.4% during the 2nd quarter. Jump Financial LLC now owns 1,184,992 shares of the company’s stock worth $8,093,000 after purchasing an additional 1,019,578 shares during the last quarter. Finally, Texas Permanent School Fund Corp grew its holdings in shares of Under Armour by 284.0% during the second quarter. Texas Permanent School Fund Corp now owns 351,173 shares of the company’s stock worth $2,399,000 after buying an additional 259,727 shares in the last quarter. 34.58% of the stock is owned by hedge funds and other institutional investors.
Under Armour Company Profile
Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.
Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.
Recommended Stories
- Five stocks we like better than Under Armour
- America’s #1 Chaos Trader: “I’m so #&!$ bullish”
- Trump’s NEW Executive Order – BIG Changes Coming to Retirement Accounts
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- The Crash Has Already Started (Most Just Don’t See It Yet)
- Do not delete, read immediately
Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.com's FREE daily email newsletter.
