Key Points
- Major shareholder V Prem Et Al Watsa bought 739,521 Under Armour shares at an average price of $4.97, spending about $3.68 million. The purchase lifted the insider’s holdings to 44.18 million shares, a 1.70% increase in ownership.
- Under Armour recently reported mixed quarterly results, with EPS of -$0.03 missing estimates by a penny while revenue of $1.17 billion matched expectations. The company also guided for fiscal 2027 adjusted operating income of $140 million to $160 million and gross margin expansion of 220 to 270 basis points.
- Sentiment around the stock remains cautious, as analysts maintain a consensus Sell rating and a $5.50 price target. Recent downgrades and bearish coverage highlight concerns about Under Armour’s ongoing turnaround and weak North America performance.
Under Armour, Inc. (NYSE:UA - Get Free Report) major shareholder V Prem Et Al Watsa bought 438,723 shares of the stock in a transaction on Tuesday, May 12th. The stock was purchased at an average price of $4.99 per share, for a total transaction of $2,189,227.77. Following the completion of the purchase, the insider directly owned 43,439,595 shares in the company, valued at approximately $216,763,579.05. This represents a 1.02% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
V Prem Et Al Watsa also recently made the following trade(s):
- On Thursday, May 14th, V Prem Et Al Watsa bought 100 shares of Under Armour stock. The stock was purchased at an average price of $5.00 per share, for a total transaction of $500.00.
- On Wednesday, May 13th, V Prem Et Al Watsa bought 739,521 shares of Under Armour stock. The stock was purchased at an average price of $4.97 per share, for a total transaction of $3,675,419.37.
Under Armour Stock Performance
NYSE UA opened at $4.96 on Friday. Under Armour, Inc. has a 1 year low of $3.95 and a 1 year high of $7.91. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.62 and a quick ratio of 0.92. The stock has a market capitalization of $2.11 billion, a PE ratio of -4.27 and a beta of 1.65. The company's 50 day simple moving average is $5.99 and its two-hundred day simple moving average is $5.56.
Under Armour (NYSE:UA - Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01). Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.17 billion. 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. Analysts predict that Under Armour, Inc. will post 0.24 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Under Armour
A number of large investors have recently added to or reduced their stakes in UA. AQR Capital Management LLC raised its position in Under Armour by 247.3% in the 1st quarter. AQR Capital Management LLC now owns 98,632 shares of the company's stock worth $587,000 after purchasing an additional 70,231 shares during the period. Goldman Sachs Group Inc. raised its position in Under Armour by 34.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 388,256 shares of the company's stock worth $2,310,000 after purchasing an additional 99,402 shares during the period. Prudential Financial Inc. increased its position in shares of Under Armour by 26.4% in the second quarter. Prudential Financial Inc. now owns 19,560 shares of the company's stock valued at $127,000 after acquiring an additional 4,083 shares during the period. Cerity Partners LLC purchased a new position in shares of Under Armour in the second quarter valued at about $65,000. Finally, Quantinno Capital Management LP increased its position in shares of Under Armour by 16.5% in the second quarter. Quantinno Capital Management LP now owns 184,882 shares of the company's stock valued at $1,200,000 after acquiring an additional 26,217 shares during the period. Hedge funds and other institutional investors own 36.35% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Zacks Research upgraded shares of Under Armour to a "hold" rating in a research report on Wednesday, March 11th. Robert W. Baird set a $5.50 price objective on shares of Under Armour in a research report on Wednesday. Weiss Ratings restated a "sell (d-)" rating on shares of Under Armour in a research report on Friday, May 8th. Finally, Citigroup cut shares of Under Armour from a "hold" rating to a "strong sell" rating in a research report on Tuesday, February 10th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Sell" and a consensus target price of $5.50.
Check Out Our Latest Analysis on Under Armour
Under Armour News Summary
Here are the key news stories impacting Under Armour this week:
- Positive Sentiment: Under Armour said it expects fiscal 2027 adjusted operating income of $140 million to $160 million and gross margin expansion of 220 to 270 basis points, which suggests some cost and margin improvement ahead. Article Title
- Neutral Sentiment: The company’s Q4 2026 earnings transcript was released, giving investors more detail on management’s comments and outlook after the results. Article Title
- Neutral Sentiment: Under Armour also posted press releases through its investor relations feed, but no major new catalyst was highlighted in the available item. Article Title
- Negative Sentiment: Evercore ISI initiated/maintained a Sell view on Under Armour, adding to the bearish tone around the stock. Article Title
- Negative Sentiment: Stifel also downgraded Under Armour, reinforcing concerns that the company’s recovery is taking longer than expected. Article Title
- Negative Sentiment: Recent coverage says Under Armour is facing another weak year as North America struggles, and the shares fell after the company’s earnings miss and weak guidance. Article Title
- Negative Sentiment: Analysts and commentators also pointed to revenue continuing to trend lower in fiscal 2027, which suggests the turnaround is still incomplete and may pressure the stock further. Article Title
Under Armour Company Profile
(
Get Free Report)
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.
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