Capula Management Ltd Makes New $3.89 Million Investment in Under Armour, Inc. $UAA

Key Points

• Capula Management Ltd initiated a new position in Under Armour, acquiring 778,868 shares worth about $3.89 million, roughly 0.18% of the company.
• Major shareholder V. Prem Watsa added 13,182,469 shares (≈$67.5M) on Dec 30, and insiders bought a total of 42,448,155 shares (~$219M) in the last 90 days, leaving insiders with 15.6% ownership.
• Under Armour beat quarterly EPS expectations (reported $0.09 vs. consensus -$0.02), issued FY2026 guidance of $0.100–0.110 EPS, and has an average analyst rating of "Hold" with a consensus target of $6.91.

Capula Management Ltd purchased a new position in shares of Under Armour, Inc. (NYSE:UAA - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 778,868 shares of the company's stock, valued at approximately $3,887,000. Capula Management Ltd owned about 0.18% of Under Armour as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Laurel Wealth Advisors LLC boosted its stake in Under Armour by 583.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company's stock worth $28,000 after purchasing an additional 3,498 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in Under Armour during the 2nd quarter worth approximately $44,000. State of Wyoming acquired a new position in Under Armour during the 2nd quarter valued at approximately $44,000. Uhlmann Price Securities LLC acquired a new position in Under Armour during the 3rd quarter valued at approximately $46,000. Finally, LRI Investments LLC purchased a new position in shares of Under Armour in the third quarter worth $50,000. Institutional investors and hedge funds own 34.58% of the company's stock.

Under Armour Stock Down 0.7%

NYSE:UAA opened at $6.50 on Friday. The firm has a market capitalization of $2.77 billion, a P/E ratio of -5.32, a PEG ratio of 4.82 and a beta of 1.76. Under Armour, Inc. has a 1-year low of $4.13 and a 1-year high of $8.15. The company's fifty day moving average price is $6.62 and its 200-day moving average price is $5.39. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 0.92.

Under Armour (NYSE:UAA - Get Free Report) last issued its earnings results on Friday, February 6th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.11. The firm had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.31 billion. Under Armour had a negative net margin of 10.44% and a positive return on equity of 1.48%. The firm's revenue was down 5.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.08 earnings per share. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS. As a group, equities research analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on UAA. Truist Financial set a $6.00 price objective on shares of Under Armour in a research note on Wednesday, January 14th. Weiss Ratings reissued a "sell (d-)" rating on shares of Under Armour in a research report on Monday, December 29th. UBS Group reaffirmed a "buy" rating and set a $11.00 price target on shares of Under Armour in a research report on Monday, February 9th. Guggenheim upgraded Under Armour to a "strong-buy" rating in a research note on Wednesday, December 10th. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $6.00 price objective (up from $5.00) on shares of Under Armour in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fourteen have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $6.91.

Insider Buying and Selling at Under Armour

In related news, major shareholder V Prem Et Al Watsa acquired 13,182,469 shares of Under Armour stock in a transaction on Tuesday, December 30th. The stock was acquired at an average price of $5.12 per share, for a total transaction of $67,494,241.28. Following the purchase, the insider owned 41,958,923 shares of the company's stock, valued at approximately $214,829,685.76. This represents a 45.81% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders bought 42,448,155 shares of company stock worth $219,067,338. Company insiders own 15.60% of the company's stock.

About Under Armour

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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