Freestone Capital Holdings LLC Makes New $636,000 Investment in Under Armour, Inc. $UAA

Key Points

• Freestone Capital Holdings LLC acquired 101,839 shares of Under Armour, valued at approximately $636,000, increasing interest from institutional investors in the company.
• Several analysts have lowered their target prices for Under Armour stock, with ranges between $5.00 and $7.50, reflecting a cautious outlook on its performance.
• Insider trading activity includes Mehri Shadman selling 16,287 shares and Director Dawn N. Fitzpatrick purchasing 100,000 shares, indicating varied confidence among company insiders.

Freestone Capital Holdings LLC acquired a new position in shares of Under Armour, Inc. (NYSE:UAA - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 101,839 shares of the company's stock, valued at approximately $636,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp grew its position in Under Armour by 18.9% during the 4th quarter. Northern Trust Corp now owns 1,729,796 shares of the company's stock worth $14,323,000 after purchasing an additional 275,131 shares in the last quarter. Eisler Capital Management Ltd. purchased a new position in Under Armour during the 4th quarter worth approximately $2,514,000. Alyeska Investment Group L.P. grew its position in Under Armour by 55.7% during the 4th 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. ABC Arbitrage SA purchased a new position in Under Armour during the 1st quarter worth approximately $3,233,000. Finally, Vontobel Holding Ltd. purchased a new position in Under Armour during the 1st quarter worth approximately $623,000. 34.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wall Street Zen raised shares of Under Armour from a "sell" rating to a "hold" rating in a research note on Saturday, August 16th. Bank of America decreased their target price on shares of Under Armour from $8.00 to $6.50 and set a "neutral" rating for the company in a research note on Monday, August 11th. Needham & Company LLC reissued a "hold" rating on shares of Under Armour in a research note on Wednesday, May 14th. Robert W. Baird decreased their target price on shares of Under Armour from $7.00 to $6.00 and set a "neutral" rating for the company in a research note on Monday, August 11th. Finally, Citigroup decreased their target price on shares of Under Armour from $6.00 to $5.50 and set a "neutral" rating for the company in a research note on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $6.74.

Under Armour Stock Up 1.5%

Shares of UAA stock traded up $0.0750 on Friday, hitting $5.1250. The company's stock had a trading volume of 12,238,708 shares, compared to its average volume of 16,662,000. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93. Under Armour, Inc. has a fifty-two week low of $4.78 and a fifty-two week high of $11.89. The firm's fifty day moving average price is $6.48 and its 200-day moving average price is $6.44. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 23.30, a P/E/G ratio of 2.40 and a beta of 1.61.

Under Armour (NYSE:UAA - Get Free Report) last released its quarterly earnings data on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the firm posted $0.01 EPS. The firm's revenue for the quarter was down 4.2% on a year-over-year basis. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. 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 the business's stock in a transaction on Wednesday, August 13th. The stock was purchased at an average price of $4.93 per share, with a total value of $493,000.00. Following the transaction, the director directly owned 133,696 shares in the company, valued at approximately $659,121.28. The trade was a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert John Sweeney bought 100,000 shares of the business's stock in a transaction on Thursday, August 21st. The shares were purchased at an average cost of $4.88 per share, with a total value of $488,000.00. Following the transaction, the director owned 133,696 shares in the company, valued at approximately $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 bought a total of 202,045 shares of company stock valued at $991,000 in the last quarter. Insiders own 15.60% of the company's stock.

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.