Fund 1 Investments LLC acquired a new stake in Under Armour, Inc. (NYSE:UA - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 201,612 shares of the company's stock, valued at approximately $1,254,000.
Other large investors have also bought and sold shares of the company. Fairfax Financial Holdings Ltd. Can acquired a new position in Under Armour during the 4th quarter worth about $45,395,000. Millennium Management LLC increased its stake in shares of Under Armour by 153.7% in the third quarter. Millennium Management LLC now owns 2,346,929 shares of the company's stock valued at $11,336,000 after buying an additional 1,421,981 shares during the period. Corient Private Wealth LLC increased its stake in shares of Under Armour by 99.8% in the second quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company's stock valued at $13,018,000 after buying an additional 1,002,037 shares during the period. Picton Mahoney Asset Management bought a new position in shares of Under Armour during the fourth quarter worth about $3,999,000. Finally, Vanguard Group Inc. raised its position in shares of Under Armour by 5.6% during the fourth quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company's stock worth $75,502,000 after acquiring an additional 831,186 shares during the last quarter. 36.35% of the stock is owned by institutional investors.
Under Armour Stock Performance
UA stock opened at $5.02 on Thursday. The firm has a market cap of $2.16 billion, a PE ratio of -4.37 and a beta of 1.59. 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 50-day moving average price of $6.15 and a 200-day moving average price of $6.12. 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 announced its earnings results on Friday, August 7th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%.The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. 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.
Wall Street Analyst Weigh In
UA has been the topic of a number of recent analyst reports. Weiss Ratings raised Under Armour from a "sell (d-)" rating to a "sell (d)" rating in a research note on Wednesday, August 19th. Robert W. Baird set a $5.50 target price on shares of Under Armour in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Sell" and a consensus target price of $5.50.
Get Our Latest Stock Analysis on UA
Insider Activity at Under Armour
In related news, CFO Reza Taleghani acquired 18,656 shares of Under Armour stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $5.37 per share, with a total value of $100,182.72. Following the transaction, the chief financial officer directly owned 87,621 shares in the company, 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 available at the SEC website. 15.60% of the stock is currently owned by company insiders.
About Under Armour
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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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