Jump Financial LLC Makes New $1.03 Million Investment in Under Armour, Inc. $UAA

Key Points

• Jump Financial LLC has acquired 165,414 shares of Under Armour, Inc. valued at approximately $1,034,000, reflecting growing institutional interest in the stock.
• Insider activity includes a sale of 16,287 shares by Mehri Shadman and a purchase of 100,000 shares by Director Robert John Sweeney, indicating mixed signals about company confidence.
• Under Armour's stock has a current price of $4.99, with analysts providing varied target price assessments, reflecting a cautious outlook with a consensus rating of "Hold" and an average target price of $6.74.

Jump Financial LLC acquired a new position in Under Armour, Inc. (NYSE:UAA - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 165,414 shares of the company's stock, valued at approximately $1,034,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Alyeska Investment Group L.P. grew its stake in Under Armour by 55.7% in the fourth quarter. Alyeska Investment Group L.P. now owns 9,789,553 shares of the company's stock worth $81,057,000 after purchasing an additional 3,503,006 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its position in Under Armour by 17.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 6,494,339 shares of the company's stock valued at $40,590,000 after acquiring an additional 965,404 shares in the last quarter. American Century Companies Inc. boosted its position in Under Armour by 36.2% during the 1st quarter. American Century Companies Inc. now owns 5,465,814 shares of the company's stock valued at $34,161,000 after acquiring an additional 1,452,143 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Under Armour by 4.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,047,630 shares of the company's stock valued at $31,548,000 after acquiring an additional 231,990 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its position in Under Armour by 17.2% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company's stock valued at $24,987,000 after acquiring an additional 586,183 shares in the last quarter. Institutional investors own 34.58% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. BMO Capital Markets dropped their target price on Under Armour from $12.00 to $9.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 14th. Wells Fargo & Company increased their target price on Under Armour from $4.00 to $5.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 14th. Truist Financial dropped their target price on Under Armour from $9.00 to $7.00 and set a "hold" rating on the stock in a research report on Wednesday, May 14th. Telsey Advisory Group dropped their target price on Under Armour from $7.00 to $5.00 and set a "market perform" rating on the stock in a research report on Monday, August 11th. Finally, Barclays decreased their price objective on Under Armour from $8.00 to $6.00 and set an "equal weight" rating for the company in a report on Monday, May 12th. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $6.74.

Under Armour Stock Performance

UAA stock traded up $0.02 during midday trading on Wednesday, reaching $5.05. The stock had a trading volume of 6,630,730 shares, compared to its average volume of 13,256,520. The stock has a market cap of $2.16 billion, a PE ratio of 22.93, a P/E/G ratio of 2.33 and a beta of 1.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. The firm has a fifty day simple moving average of $6.26 and a two-hundred day simple moving average of $6.34. Under Armour, Inc. has a 52-week low of $4.78 and a 52-week high of $11.89.

Under Armour (NYSE:UAA - Get Free Report) last issued its earnings results on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). The firm had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.13 billion. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business's revenue was down 4.2% on a year-over-year basis. During the same quarter last year, the business earned $0.01 EPS. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. As a group, equities research analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current year.

Insiders Place Their Bets

In other news, Director Dawn N. Fitzpatrick bought 100,000 shares of Under Armour stock in a transaction that occurred on Wednesday, August 13th. The stock was bought at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the purchase, the director directly owned 133,696 shares of the company's stock, valued at approximately $659,121.28. The trade was a 296.77% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Robert John Sweeney bought 100,000 shares of Under Armour stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average price of $4.88 per share, with a total value of $488,000.00. Following the purchase, the director directly owned 133,696 shares in the company, valued at $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 202,045 shares of company stock valued at $991,000 in the last 90 days. 15.60% of the stock is currently owned by company insiders.

About Under Armour

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.