50,420 Shares in Under Armour, Inc. $UAA Bought by GDS Wealth Management

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) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 50,420 shares of the company's stock, valued at approximately $315,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hsbc Holdings PLC grew its holdings in shares of Under Armour by 128.8% in the 1st quarter. Hsbc Holdings PLC now owns 19,729 shares of the company's stock worth $122,000 after acquiring an additional 88,315 shares during the last quarter. Maven Securities LTD acquired a new position in shares of Under Armour in the 1st quarter valued at $1,658,000. Fuller & Thaler Asset Management Inc. increased its stake in Under Armour by 17.5% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 6,494,339 shares of the company's stock worth $40,590,000 after purchasing an additional 965,404 shares in the last quarter. Quantbot Technologies LP purchased a new position in Under Armour in the 1st quarter worth about $169,000. Finally, Freestone Capital Holdings LLC acquired a new stake in Under Armour during the 1st quarter worth about $636,000. Institutional investors and hedge funds own 34.58% of the company's stock.

Under Armour Stock Up 1.5%

Shares of UAA traded up $0.0750 during midday trading on Friday, reaching $5.1250. 12,238,708 shares of the stock were exchanged, compared to its average volume of 16,560,347. Under Armour, Inc. has a 12-month low of $4.78 and a 12-month high of $11.89. The firm has a 50 day simple moving average of $6.48 and a 200-day simple moving average of $6.45. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. The company has a market cap 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 announced its quarterly earnings results on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The company's quarterly revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.01 EPS. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. Research analysts forecast that Under Armour, Inc. will post 0.3 EPS for the current year.

Insider Transactions at Under Armour

In other news, insider Mehri Shadman sold 16,287 shares of the firm's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $6.14, for a total transaction of $100,002.18. Following the transaction, the insider owned 191,796 shares in the company, valued at approximately $1,177,627.44. This trade represents a 7.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert John Sweeney acquired 100,000 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was acquired at an average price of $4.88 per share, with a total value of $488,000.00. Following the completion of the acquisition, the director directly owned 133,696 shares of the company's stock, valued at $652,436.48. This represents a 296.77% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 202,045 shares of company stock worth $991,000 in the last 90 days. 15.60% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on UAA. Barclays dropped their target price on shares of Under Armour from $8.00 to $6.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. Citigroup lowered their price objective on shares of Under Armour from $6.00 to $5.50 and set a "neutral" rating on the stock in a research report on Monday, August 11th. Telsey Advisory Group cut their target price on shares of Under Armour from $7.00 to $5.00 and set a "market perform" rating on the stock in a research note on Monday, August 11th. Stifel Nicolaus decreased their target price on Under Armour from $11.00 to $10.00 and set a "buy" rating for the company in a research report on Wednesday, May 14th. Finally, Robert W. Baird dropped their price target on Under Armour from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Monday, August 11th. Three analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $6.74.

Under Armour 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.