Under Armour, Inc. $UA Shares Bought by HighTower Advisors LLC

Key Points

• HighTower Advisors LLC significantly increased its stake in Under Armour, Inc. by 518.8% during the first quarter, acquiring an additional 104,604 shares, bringing their total holdings to 124,767 shares worth approximately $742,000.
• Institutional investors and hedge funds own 36.35% of Under Armour's stock, with several large investors, including Raymond James and Barclays, also increasing their positions in the fourth quarter.
• Under Armour reported earnings of $0.02 per share, meeting expectations, but fell short on revenue with $1.13 billion, under the consensus estimate of $1.36 billion for the quarter.

HighTower Advisors LLC increased its position in Under Armour, Inc. (NYSE:UA - Free Report) by 518.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,767 shares of the company's stock after acquiring an additional 104,604 shares during the period. HighTower Advisors LLC's holdings in Under Armour were worth $742,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of UA. Quarry LP purchased a new position in Under Armour during the fourth quarter worth $30,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Under Armour during the first quarter worth $78,000. HB Wealth Management LLC purchased a new position in Under Armour during the first quarter worth $80,000. Boothbay Fund Management LLC purchased a new position in Under Armour during the fourth quarter worth $83,000. Finally, DAVENPORT & Co LLC purchased a new position in Under Armour during the first quarter worth $91,000. Institutional investors and hedge funds own 36.35% of the company's stock.

Insiders Place Their Bets

In other news, Director Robert John Sweeney bought 100,000 shares of Under Armour stock in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the acquisition, the director owned 133,696 shares of the company's stock, valued at $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of Under Armour stock in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the acquisition, the director directly owned 133,696 shares of the company's stock, valued at $659,121.28. The trade was a 296.77% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 202,045 shares of company stock valued at $991,000. Company insiders own 15.60% of the company's stock.

Under Armour Price Performance

Under Armour stock traded down $0.03 during mid-day trading on Tuesday, hitting $4.90. 3,233,560 shares of the company were exchanged, compared to its average volume of 4,081,307. 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 business's 50 day simple moving average is $6.01 and its two-hundred day simple moving average is $6.01. The company has a market capitalization of $2.10 billion, a P/E ratio of 22.25 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.

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

About Under Armour

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.