Key Points
- Major shareholder V Prem Et Al Watsa bought 739,521 Under Armour shares at an average price of $4.97, a $3.68 million transaction disclosed in an SEC filing. The purchase lifted their holdings to 44.18 million shares.
- Under Armour shares were down 0.5% and opened at $5.09, leaving the stock near its 52-week low of $4.13. The company’s market cap is about $2.17 billion.
- The company’s latest quarterly results met EPS and revenue expectations, but sales still slipped 0.8% year over year. Analyst sentiment remains cautious, with several firms cutting price targets and the stock carrying an average “Reduce” rating.
Under Armour, Inc. (NYSE:UAA - Get Free Report) major shareholder V Prem Et Al Watsa bought 438,723 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average price of $4.99 per share, with a total value of $2,189,227.77. Following the completion of the purchase, the insider directly owned 43,439,595 shares in the company, valued at $216,763,579.05. This represents a 1.02% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
V Prem Et Al Watsa also recently made the following trade(s):
- On Thursday, May 14th, V Prem Et Al Watsa acquired 100 shares of Under Armour stock. The shares were acquired at an average price of $5.00 per share, with a total value of $500.00.
- On Wednesday, May 13th, V Prem Et Al Watsa acquired 739,521 shares of Under Armour stock. The shares were acquired at an average price of $4.97 per share, with a total value of $3,675,419.37.
Under Armour Stock Performance
Shares of NYSE UAA opened at $5.09 on Friday. The company has a current ratio of 1.62, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $8.15. The company has a 50 day simple moving average of $6.16 and a two-hundred day simple moving average of $5.74. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of -4.38, a PEG ratio of 3.40 and a beta of 1.73.
Under Armour (NYSE:UAA - Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same period in the previous year, the business posted ($0.08) EPS. The business's quarterly revenue was down .8% compared to the same quarter last year. 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. As a group, analysts predict that Under Armour, Inc. will post 0.13 earnings per share for the current year.
More Under Armour News
Here are the key news stories impacting Under Armour this week:
- Negative Sentiment: Several analysts cut their outlook on Under Armour, including Truist Financial and BNP Paribas Exane, both lowering price targets to $5.00, while Zacks Research downgraded the stock from strong-buy to hold. These moves suggest Wall Street sees limited upside and ongoing pressure on the company’s turnaround. Article Title
- Negative Sentiment: Additional articles and analyst commentary highlighted slowing sales, brand-reset challenges, and pressure from shifting retail trends, reinforcing concerns that Under Armour’s growth recovery may take longer than investors hoped.
- Neutral Sentiment: Telsey Advisory Group also trimmed its price target to $5.50 and kept a market-perform view, which is still cautious even though it implies some upside from current levels.
- Positive Sentiment: Major shareholder V Prem Et Al Watsa bought more Under Armour shares in multiple SEC-disclosed transactions, including a larger purchase of 739,521 shares at about $4.97 each. Insider buying can signal confidence in the company’s long-term value and help support the stock. Article Title
- Neutral Sentiment: Truist’s reiterated hold rating and Jim Cramer’s upbeat “turnaround is here” comments add to the mixed narrative, but they have not been strong enough to offset the broader analyst downgrades.
Analyst Ratings Changes
Several analysts have commented on the stock. The Goldman Sachs Group restated a "neutral" rating and set a $6.00 price objective on shares of Under Armour in a research note on Wednesday. Telsey Advisory Group decreased their price objective on shares of Under Armour from $6.00 to $5.50 and set a "market perform" rating for the company in a research note on Wednesday. Robert W. Baird set a $8.00 price objective on shares of Under Armour in a research note on Monday, February 9th. Wall Street Zen upgraded shares of Under Armour from a "sell" rating to a "hold" rating in a research note on Saturday, January 17th. Finally, Zacks Research cut shares of Under Armour from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Reduce" and a consensus price target of $5.91.
Check Out Our Latest Stock Report on UAA
Hedge Funds Weigh In On Under Armour
Institutional investors have recently made changes to their positions in the company. Blair William & Co. IL increased its holdings in shares of Under Armour by 40.0% during the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company's stock valued at $26,000 after purchasing an additional 1,476 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Under Armour by 202.7% during the 4th quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company's stock valued at $42,000 after purchasing an additional 5,662 shares in the last quarter. State of Wyoming purchased a new position in shares of Under Armour during the 2nd quarter valued at approximately $44,000. Uhlmann Price Securities LLC purchased a new position in shares of Under Armour during the 3rd quarter valued at approximately $46,000. Finally, LRI Investments LLC purchased a new position in shares of Under Armour during the 3rd quarter valued at approximately $50,000. 34.58% of the stock is owned by hedge funds and other institutional investors.
About Under Armour
(
Get Free Report)
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.
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