Maverick Capital Ltd. Grows Position in Under Armour, Inc. $UAA

Key Points

• Maverick Capital Ltd. significantly increased its stake in Under Armour by 1,104.6%, acquiring an additional 673,829 shares during the first quarter.
• Several institutional investors, including Fuller & Thaler Asset Management and American Century Companies, have also boosted their holdings in Under Armour, indicating a growing interest in the company.
• The company reported a net margin decrease of 4.2% year-over-year with an EPS of $0.02 in the latest quarter, missing the consensus estimate, and has set its Q2 2026 guidance at 0.010-0.020 EPS.

Maverick Capital Ltd. grew its stake in Under Armour, Inc. (NYSE:UAA - Free Report) by 1,104.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 734,831 shares of the company's stock after purchasing an additional 673,829 shares during the period. Maverick Capital Ltd. owned approximately 0.17% of Under Armour worth $4,593,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Northern Trust Corp grew its holdings in Under Armour by 18.9% during the fourth quarter. Northern Trust Corp now owns 1,729,796 shares of the company's stock worth $14,323,000 after acquiring an additional 275,131 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in Under Armour by 17.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company's stock worth $24,987,000 after acquiring an additional 586,183 shares during the period. Eisler Capital Management Ltd. acquired a new position in Under Armour during the fourth quarter worth $2,514,000. American Century Companies Inc. grew its holdings in Under Armour by 36.2% during the first quarter. American Century Companies Inc. now owns 5,465,814 shares of the company's stock worth $34,161,000 after acquiring an additional 1,452,143 shares during the period. Finally, GDS Wealth Management acquired a new position in Under Armour during the first quarter worth $315,000. Institutional investors and hedge funds own 34.58% of the company's stock.

Insider Buying and Selling at Under Armour

In related news, Director Dawn N. Fitzpatrick acquired 100,000 shares of Under Armour stock in a transaction dated Wednesday, August 13th. The shares were acquired at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Robert John Sweeney bought 100,000 shares of Under Armour stock in a transaction that occurred on Thursday, August 21st. The shares were acquired at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the transaction, the director directly owned 133,696 shares of the company's stock, valued at $652,436.48. This trade represents a 296.77% increase in their position. The disclosure for this purchase can be found here. Insiders bought 202,045 shares of company stock worth $991,000 over the last 90 days. Company insiders own 15.60% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on UAA shares. Robert W. Baird dropped their price objective on Under Armour from $7.00 to $6.00 and set a "neutral" rating on the stock in a report on Monday, August 11th. BMO Capital Markets dropped their price objective on Under Armour from $12.00 to $9.00 and set an "outperform" rating on the stock in a report on Wednesday, May 14th. Wells Fargo & Company boosted their target price on Under Armour from $4.00 to $5.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 14th. Telsey Advisory Group decreased their target price on Under Armour from $7.00 to $5.00 and set a "market perform" rating on the stock in a research report on Monday, August 11th. Finally, Citigroup decreased their target price on Under Armour from $6.00 to $5.50 and set a "neutral" rating on the stock in a research report on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $6.74.

Under Armour Price Performance

Shares of NYSE:UAA traded down $0.13 on Friday, hitting $5.14. The company had a trading volume of 9,338,898 shares, compared to its average volume of 18,261,036. 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 52-week low of $4.78 and a 52-week high of $11.89. The business has a 50 day moving average of $6.16 and a 200 day moving average of $6.31. The company has a market cap of $2.20 billion, a PE ratio of 23.34, a PEG ratio of 2.45 and a beta of 1.67.

Under Armour (NYSE:UAA - Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). 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 during the quarter, compared to analysts' expectations of $1.13 billion. During the same quarter in the prior year, the company earned $0.01 earnings per share. The firm's revenue 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. As a group, equities analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Under Armour Company 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.