Invesco Ltd. Has $2.13 Million Stake in Under Armour, Inc. $UA

Key Points

• Invesco Ltd. decreased its stake in Under Armour, Inc. by 16.1% during the first quarter, now holding 357,663 shares, valued at approximately $2.1 million.
• Insider transactions showed significant purchases, with two directors acquiring 100,000 shares each at prices around $4.88 to $4.93 per share, indicating strong confidence from company executives.
• Under Armour's recent earnings report revealed a net margin of 1.99% with $0.02 EPS, but revenues fell short of estimates at $1.13 billion compared to the expected $1.36 billion.

Invesco Ltd. reduced its stake in Under Armour, Inc. (NYSE:UA - Free Report) by 16.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 357,663 shares of the company's stock after selling 68,555 shares during the period. Invesco Ltd. owned 0.08% of Under Armour worth $2,128,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Gallagher Capital Advisors LLC acquired a new position in Under Armour in the first quarter valued at about $1,278,000. Raymond James Financial Inc. acquired a new position in shares of Under Armour during the 4th quarter worth about $1,260,000. Bank of America Corp DE increased its stake in shares of Under Armour by 617.4% in the 4th quarter. Bank of America Corp DE now owns 1,555,160 shares of the company's stock valued at $11,601,000 after acquiring an additional 1,338,376 shares during the last quarter. Northern Trust Corp raised its position in shares of Under Armour by 23.0% in the 4th quarter. Northern Trust Corp now owns 1,226,749 shares of the company's stock valued at $9,152,000 after acquiring an additional 229,123 shares during the period. Finally, Tidal Investments LLC raised its position in shares of Under Armour by 84.6% in the 4th quarter. Tidal Investments LLC now owns 89,565 shares of the company's stock valued at $668,000 after acquiring an additional 41,051 shares during the period. 36.35% of the stock is owned by institutional investors and hedge funds.

Under Armour Trading Up 0.5%

NYSE UA traded up $0.03 during trading on Wednesday, reaching $4.92. 3,623,554 shares of the stock traded hands, compared to its average volume of 4,094,389. Under Armour, Inc. has a fifty-two week low of $4.62 and a fifty-two week high of $10.62. 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 firm has a market cap of $2.11 billion, a price-to-earnings ratio of 22.34 and a beta of 1.60. The stock's 50-day moving average price is $5.98 and its 200 day moving average price is $6.00.

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

Insider Activity

In other Under Armour news, Director Robert John Sweeney purchased 100,000 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were bought at an average price of $4.88 per share, with a total value of $488,000.00. Following the completion of the transaction, the director directly owned 133,696 shares in the company, valued at $652,436.48. This trade represents a 296.77% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dawn N. Fitzpatrick acquired 100,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average price of $4.93 per share, with a total value of $493,000.00. Following the completion of the transaction, the director directly owned 133,696 shares in the company, valued at $659,121.28. This trade represents a 296.77% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 202,045 shares of company stock worth $991,000. Corporate insiders own 15.60% of the company's stock.

Under Armour Profile

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.