Key Points
- Under Armour CFO Reza Taleghani bought 18,656 shares at an average price of $5.37, investing approximately $100,183 and increasing his ownership by 27.05%.
- Under Armour reported quarterly EPS of $0.05, beating the $0.02 consensus estimate, while revenue of $1.10 billion came in slightly below expectations; the company remains unprofitable with a negative net margin.
- Analyst sentiment remains bearish: Under Armour has a consensus “Sell” rating from three analysts and a $5.50 average price target, despite institutional investors owning 36.35% of the stock.
Under Armour, Inc. (NYSE:UA - Get Free Report) CFO Reza Taleghani purchased 18,656 shares of the company's stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $5.37 per share, with a total value of $100,182.72. Following the purchase, the chief financial officer owned 87,621 shares of the company's stock, valued at approximately $470,524.77. The trade was a 27.05% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Under Armour Stock Performance
Shares of NYSE UA opened at $5.10 on Thursday. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of -4.43 and a beta of 1.59. The stock's 50-day moving average is $6.24 and its 200 day moving average is $6.19. The company has a current ratio of 1.81, a quick ratio of 0.96 and a debt-to-equity ratio of 0.41. Under Armour, Inc. has a 1-year low of $3.95 and a 1-year high of $7.91.
Under Armour (NYSE:UA - Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.05 EPS for the quarter, topping 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 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.
Institutional Investors Weigh In On Under Armour
Institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in shares of Under Armour by 247.3% in the first quarter. AQR Capital Management LLC now owns 98,632 shares of the company's stock valued at $587,000 after acquiring an additional 70,231 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Under Armour by 34.4% during the first 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. boosted its holdings in shares of Under Armour by 26.4% during the second quarter. Prudential Financial Inc. now owns 19,560 shares of the company's stock worth $127,000 after purchasing an additional 4,083 shares during the period. Cerity Partners LLC bought a new stake in shares of Under Armour in the second quarter worth about $65,000. Finally, Quantinno Capital Management LP grew its stake 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 worth $1,200,000 after purchasing an additional 26,217 shares during the last quarter. Hedge funds and other institutional investors own 36.35% of the company's stock.
Wall Street Analyst Weigh In
UA has been the subject of several analyst reports. Robert W. Baird set a $5.50 price target on shares of Under Armour in a research report on Wednesday, May 13th. Weiss Ratings reissued a "sell (d-)" rating on shares of Under Armour in a research note on Wednesday, August 5th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Under Armour presently has a consensus rating of "Sell" and a consensus price target of $5.50.
View Our Latest Research Report on Under Armour
About Under Armour
(
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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