Maverick Capital Ltd. Grows Stock Holdings 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. increased its stake in shares of Under Armour, Inc. (NYSE:UAA - Free Report) by 1,104.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 734,831 shares of the company's stock after buying an additional 673,829 shares during the quarter. Maverick Capital Ltd. owned about 0.17% of Under Armour worth $4,593,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Twin Tree Management LP acquired a new position in shares of Under Armour during the 1st quarter worth about $44,000. Cerity Partners LLC acquired a new stake in Under Armour in the 1st quarter valued at about $66,000. Motley Fool Asset Management LLC acquired a new stake in Under Armour in the 1st quarter valued at about $68,000. LGT Group Foundation acquired a new stake in Under Armour in the 1st quarter valued at about $70,000. Finally, Vident Advisory LLC acquired a new stake in Under Armour in the 4th quarter valued at about $85,000. Institutional investors and hedge funds own 34.58% of the company's stock.

Wall Street Analyst Weigh In

UAA has been the subject of several analyst reports. Bank of America dropped their price target on shares of Under Armour from $8.00 to $6.50 and set a "neutral" rating for the company in a research note on Monday, August 11th. JPMorgan Chase & Co. dropped their price target on shares of Under Armour from $6.00 to $5.00 and set an "underweight" rating for the company in a research note on Friday, August 8th. Citigroup dropped their price target on shares of Under Armour from $6.00 to $5.50 and set a "neutral" rating for the company in a research note on Monday, August 11th. Evercore ISI dropped their price target on shares of Under Armour from $7.00 to $6.00 and set an "underperform" rating for the company in a research note on Wednesday, May 14th. Finally, Truist Financial dropped their price target on shares of Under Armour from $9.00 to $7.00 and set a "hold" rating for the company in a research note 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 stock. Based on data from MarketBeat, Under Armour presently has an average rating of "Hold" and an average target price of $6.74.

Under Armour Stock Performance

Under Armour stock traded up $0.20 during midday trading on Thursday, hitting $5.26. 13,677,439 shares of the company's stock were exchanged, compared to its average volume of 13,282,426. Under Armour, Inc. has a 12-month low of $4.78 and a 12-month high of $11.89. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 23.89, a price-to-earnings-growth ratio of 2.33 and a beta of 1.67. The firm's 50 day simple moving average is $6.23 and its 200 day simple moving average is $6.33.

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 return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.13 billion. During the same period in the previous year, the business posted $0.01 earnings per share. The company's revenue for the quarter was down 4.2% on a year-over-year basis. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. Equities research analysts predict that Under Armour, Inc. will post 0.3 EPS for the current year.

Insider Buying and Selling at Under Armour

In other Under Armour news, Director Robert John Sweeney acquired 100,000 shares of the stock in a transaction on Thursday, August 21st. The shares were bought at an average cost of $4.88 per share, with a total value of $488,000.00. Following the transaction, the director owned 133,696 shares of the company's stock, valued at approximately $652,436.48. This trade represents a 296.77% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of the stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the acquisition, the director owned 133,696 shares of the company's stock, valued at approximately $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 have acquired a total of 202,045 shares of company stock worth $991,000 over the last three months. 15.60% of the stock is currently owned by insiders.

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.