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GMT Capital Corp Buys Shares of 617,898 Under Armour, Inc. $UA

Under Armour logo with Consumer Discretionary background

Key Points

  • GMT Capital Corp acquired 617,898 shares of Under Armour, valued at approximately $3.68 million, increasing its stake in the company to 0.14% as per SEC filings.
  • Insider Mehri Shadman sold 16,287 shares at an average price of $6.14, while Director Robert John Sweeney significantly increased his stake by purchasing 100,000 shares at $4.88 each.
  • Under Armour stock is currently priced at $4.92 with a twelve-month low of $4.62 and a high of $10.62, and reported quarterly earnings matching analyst estimates with $0.02 EPS.
  • Five stocks we like better than Under Armour.

GMT Capital Corp bought a new position in shares of Under Armour, Inc. (NYSE:UA - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 617,898 shares of the company's stock, valued at approximately $3,676,000. GMT Capital Corp owned 0.14% of Under Armour as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of UA. Quarry LP bought a new stake in shares of Under Armour during the 4th quarter worth about $30,000. Tyler Stone Wealth Management bought a new stake in Under Armour in the 1st quarter valued at about $71,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Under Armour in the 1st quarter valued at about $78,000. HB Wealth Management LLC bought a new stake in Under Armour in the 1st quarter valued at about $80,000. Finally, Boothbay Fund Management LLC bought a new stake in Under Armour in the 4th quarter valued at about $83,000. Institutional investors own 36.35% of the company's stock.

Under Armour Stock Performance

NYSE UA traded down $0.03 during trading on Tuesday, reaching $4.89. The company's stock had a trading volume of 5,849,997 shares, compared to its average volume of 4,098,012. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 22.24 and a beta of 1.60. Under Armour, Inc. has a 12 month low of $4.62 and a 12 month high of $10.62. The firm has a 50 day moving average price of $6.01 and a 200 day moving average price of $6.01.

Under Armour (NYSE:UA - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.02. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.36 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.

Insider Transactions at Under Armour

In other Under Armour news, Director Dawn N. Fitzpatrick acquired 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 acquisition, the director directly owned 133,696 shares of the company's stock, valued at approximately $659,121.28. This trade represents a 296.77% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert John Sweeney acquired 100,000 shares of the business's stock in a transaction on Thursday, August 21st. The stock was acquired at an average cost of $4.88 per share, with a total value of $488,000.00. Following the acquisition, the director directly owned 133,696 shares in the company, valued at approximately $652,436.48. This trade represents 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 in the last three months. Insiders own 15.60% of the company's stock.

Under Armour Profile

(Free Report)

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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.

See Also

Institutional Ownership by Quarter for Under Armour (NYSE:UA)

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