Maven Securities LTD Acquires Shares of 265,211 Under Armour, Inc. $UAA

Key Points

• Maven Securities LTD acquired a new stake in Under Armour, purchasing 265,211 shares valued at approximately $1.66 million, representing about 0.06% of the company as of its latest SEC filing.
• Multiple institutional investors, including Cerity Partners and HB Wealth Management, also established new positions in Under Armour during the first quarter, with institutional ownership now at 34.58%.
• Under Armour's stock has received mixed ratings from analysts, with a consensus rating of "Hold" and a price target averaging around $6.74, reflecting cautious sentiment amidst recent earnings results.

Maven Securities LTD purchased a new position in Under Armour, Inc. (NYSE:UAA - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 265,211 shares of the company's stock, valued at approximately $1,658,000. Maven Securities LTD owned approximately 0.06% of Under Armour at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its holdings in shares of Under Armour by 183.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 35,689 shares of the company's stock worth $296,000 after acquiring an additional 23,111 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Under Armour in the 4th quarter worth approximately $439,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Under Armour by 10.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 127,071 shares of the company's stock worth $1,052,000 after acquiring an additional 11,624 shares during the last quarter. Mariner LLC lifted its holdings in shares of Under Armour by 10.0% in the 4th quarter. Mariner LLC now owns 17,006 shares of the company's stock worth $141,000 after acquiring an additional 1,552 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Under Armour in the 4th quarter worth approximately $522,000. Hedge funds and other institutional investors own 34.58% of the company's stock.

Insider Buying and Selling

In related news, insider Mehri Shadman sold 16,287 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $6.14, for a total value of $100,002.18. Following the completion of the transaction, the insider directly owned 191,796 shares in the company, valued at $1,177,627.44. This trade represents a 7.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dawn N. Fitzpatrick purchased 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 purchase, the director owned 133,696 shares in the company, valued at $659,121.28. This 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 worth $991,000 in the last three months. 15.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on UAA shares. Evercore ISI lowered their price objective on shares of Under Armour from $7.00 to $6.00 and set an "underperform" rating for the company in a report on Wednesday, May 14th. Bank of America lowered their price target on shares of Under Armour from $8.00 to $6.50 and set a "neutral" rating for the company in a report on Monday, August 11th. Citigroup lowered their price target on shares of Under Armour from $6.00 to $5.50 and set a "neutral" rating for the company in a report on Monday, August 11th. Wells Fargo & Company upped their price target on shares of Under Armour from $4.00 to $5.00 and gave the company an "equal weight" rating in a report on Wednesday, May 14th. Finally, Stifel Nicolaus lowered their price target on shares of Under Armour from $11.00 to $10.00 and set a "buy" rating for the company in a report on Wednesday, May 14th. Three investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $6.74.

Under Armour Trading Up 1.5%

NYSE UAA traded up $0.0750 during trading on Friday, hitting $5.1250. The company had a trading volume of 12,238,708 shares, compared to its average volume of 16,662,000. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. Under Armour, Inc. has a one year low of $4.78 and a one year high of $11.89. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 2.40 and a beta of 1.61. The company's fifty day moving average is $6.48 and its 200-day moving average is $6.44.

Under Armour (NYSE:UAA - Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the company posted $0.01 earnings per share. The firm's revenue for the quarter 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, sell-side analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current year.

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.