Under Armour (NYSE:UAA) CFO Acquires $100,182.72 in Stock

Under Armour, Inc. (NYSE:UAA) CFO Reza Taleghani purchased 18,656 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $5.37 per share, with a total value of $100,182.72. Following the acquisition, the chief financial officer owned 87,621 shares in the company, valued at $470,524.77. The trade was a 27.05% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Under Armour Trading Down 1.9%

NYSE UAA traded down $0.10 during trading hours on Wednesday, hitting $5.24. 9,499,042 shares of the company were exchanged, compared to its average volume of 9,106,212. Under Armour, Inc. has a 52 week low of $4.13 and a 52 week high of $8.15. The company has a quick ratio of 0.96, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The stock has a 50-day moving average price of $6.41 and a 200 day moving average price of $6.35. The stock has a market cap of $2.23 billion, a PE ratio of -4.56, a price-to-earnings-growth ratio of 1.86 and a beta of 1.67.

Under Armour (NYSE:UAA) last released its earnings results on Friday, August 7th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.03. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%.The company’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS. 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. Analysts forecast that Under Armour, Inc. will post 0.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on UAA shares. The Goldman Sachs Group reiterated a “neutral” rating and set a $6.00 price target on shares of Under Armour in a report on Wednesday, May 13th. Stifel Nicolaus set a $6.00 target price on Under Armour and gave the company a “hold” rating in a research report on Tuesday, May 12th. Wall Street Zen raised Under Armour from a “sell” rating to a “hold” rating in a research note on Sunday, May 24th. Telsey Advisory Group dropped their price objective on Under Armour from $6.00 to $5.50 and set a “market perform” rating for the company in a report on Wednesday, May 13th. Finally, Citigroup reaffirmed a “sell” rating and issued a $4.75 price objective (down from $6.20) on shares of Under Armour in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $5.94.

Hedge Funds Weigh In On Under Armour

Hedge funds have recently added to or reduced their stakes in the stock. 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 increased its holdings in Under Armour by 99.7% during the first quarter. Bleakley Financial Group LLC now owns 476,521 shares of the company’s stock valued at $2,816,000 after buying an additional 237,957 shares during the period. Fairfax Financial Holdings Ltd. Can increased its holdings in Under Armour by 564.8% during the fourth quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock valued at $208,536,000 after buying an additional 35,647,123 shares during the period. WINTON GROUP Ltd bought a new position in Under Armour in the fourth quarter worth approximately $1,343,000. Finally, Vanguard Group Inc. raised its stake in Under Armour by 11.3% in the fourth quarter. Vanguard Group Inc. now owns 17,168,819 shares of the company’s stock worth $85,329,000 after buying an additional 1,747,120 shares in the last quarter. 34.58% of the stock is currently owned by 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.