Insider Buying: Under Armour (NYSE:UA) CFO Purchases $100,182.72 in Stock

Under Armour, Inc. (NYSE:UA) 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 cost of $5.37 per share, for a total transaction of $100,182.72. Following the acquisition, the chief financial officer owned 87,621 shares of the company’s stock, valued at $470,524.77. This represents a 27.05% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Under Armour Trading Down 0.2%

Shares of Under Armour stock opened at $5.23 on Friday. Under Armour, Inc. has a 12-month low of $3.95 and a 12-month high of $7.91. The company has a current ratio of 1.81, a quick ratio of 0.96 and a debt-to-equity ratio of 0.41. The stock has a market cap of $2.23 billion, a PE ratio of -4.55 and a beta of 1.59. The company has a 50-day moving average of $6.24 and a two-hundred day moving average of $6.17.

Under Armour (NYSE:UA) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The company 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%. Under Armour has set its Q2 2027 guidance at -0.030–0.010 EPS and its FY 2027 guidance at 0.080-0.120 EPS.

Analyst Upgrades and Downgrades

UA has been the topic of several recent research reports. Robert W. Baird set a $5.50 price objective on shares of Under Armour in a research report on Wednesday, May 13th. Weiss Ratings restated a “sell (d-)” rating on shares of Under Armour in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Under Armour presently has an average rating of “Sell” and a consensus price target of $5.50.

Hedge Funds Weigh In On Under Armour

Hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC raised its holdings in shares of Under Armour by 80.0% in the first quarter. International Assets Investment Management LLC now owns 4,500 shares of the company’s stock worth $25,000 after acquiring an additional 2,000 shares during the last quarter. Western Wealth Management LLC purchased a new stake in Under Armour during the 1st quarter worth about $26,000. Summit Financial Strategies Inc. acquired a new position in Under Armour in the 1st quarter valued at about $58,000. Symmetry Peak Management LLC acquired a new position in Under Armour in the 4th quarter valued at about $48,000. Finally, Cerity Partners LLC purchased a new position in Under Armour in the 2nd quarter valued at about $65,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

About Under Armour

Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company’s product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.

The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.