GDS Wealth Management Takes $315,000 Position in Under Armour, Inc. $UAA

Key Points

• GDS Wealth Management acquired a new stake in Under Armour, purchasing 50,420 shares valued at approximately $315,000.
• Under Armour recently reported a missed earnings estimate for the quarter, posting $0.02 EPS, below the expected $0.03, with revenue down 4.2% year-over-year.
• Insider transactions include Director Dawn N. Fitzpatrick buying 100,000 shares at $4.93 each, significantly increasing her position in the company.

GDS Wealth Management purchased a new stake in Under Armour, Inc. (NYSE:UAA - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 50,420 shares of the company's stock, valued at approximately $315,000.

A number of other hedge funds have also modified their holdings of the company. Vident Advisory LLC acquired a new stake in Under Armour during the fourth quarter worth about $85,000. Cerity Partners LLC acquired a new stake in Under Armour during the first quarter worth about $66,000. Motley Fool Asset Management LLC acquired a new stake in Under Armour during the first quarter worth about $68,000. LGT Group Foundation acquired a new stake in Under Armour during the first quarter worth about $70,000. Finally, HB Wealth Management LLC acquired a new stake in Under Armour during the first quarter worth about $88,000. 34.58% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Under Armour news, insider Mehri Shadman sold 16,287 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total transaction of $100,002.18. Following the completion of the sale, the insider owned 191,796 shares of the company's stock, valued at $1,177,627.44. This trade represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were acquired at an average cost of $4.93 per share, with a total value of $493,000.00. Following the purchase, the director owned 133,696 shares of the company's stock, valued at $659,121.28. The trade was a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 202,045 shares of company stock valued at $991,000 over the last quarter. 15.60% of the stock is owned by insiders.

Under Armour Trading Down 0.7%

Under Armour stock traded down $0.04 during trading on Tuesday, reaching $5.04. 3,378,631 shares of the company were exchanged, compared to its average volume of 13,263,530. Under Armour, Inc. has a 52-week low of $4.78 and a 52-week high of $11.89. The company has a market capitalization of $2.16 billion, a P/E ratio of 22.84, a PEG ratio of 2.40 and a beta of 1.61. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93. The stock's 50 day simple moving average is $6.45 and its two-hundred day simple moving average is $6.43.

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

Analysts Set New Price Targets

Several analysts recently commented on the company. Barclays dropped their target price on Under Armour from $8.00 to $6.00 and set an "equal weight" rating on the stock in a report on Monday, May 12th. 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 report on Wednesday, May 14th. Bank of America dropped their target price on Under Armour from $8.00 to $6.50 and set a "neutral" rating on the stock in a report on Monday, August 11th. Citigroup lowered their price target on Under Armour from $6.00 to $5.50 and set a "neutral" rating on the stock in a research report on Monday, August 11th. Finally, JPMorgan Chase & Co. lowered their price target on Under Armour from $6.00 to $5.00 and set an "underweight" rating on the stock in a research report on Friday, August 8th. Three analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Under Armour presently has a consensus rating of "Hold" and an average price target of $6.74.

Under Armour Company Profile

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.