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Nuveen LLC Buys New Shares in Under Armour, Inc. $UA

Under Armour logo with Consumer Discretionary background

Key Points

  • Nuveen LLC has invested approximately $6.70 million in Under Armour, acquiring over 1.1 million shares during the first quarter, representing 0.26% of the company's shares.
  • Under Armour reported $0.02 earnings per share for the last quarter, meeting analysts' expectations but falling short on revenue with $1.13 billion against the anticipated $1.36 billion.
  • Recent insider activity includes the sale of shares by Mehri Shadman and a significant stock purchase by Director Dawn N. Fitzpatrick, indicating active management involvement in the company's stock.
  • Looking to export and analyze Under Armour data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Nuveen LLC bought a new position in Under Armour, Inc. (NYSE:UA - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 1,126,619 shares of the company's stock, valued at approximately $6,703,000. Nuveen LLC owned about 0.26% of Under Armour as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bellwether Advisors LLC acquired a new stake in shares of Under Armour during the fourth quarter valued at about $29,000. Quarry LP acquired a new stake in Under Armour in the 4th quarter valued at approximately $30,000. Boothbay Fund Management LLC acquired a new stake in Under Armour in the 4th quarter valued at approximately $83,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Under Armour in the 1st quarter valued at approximately $78,000. Finally, HB Wealth Management LLC acquired a new stake in Under Armour in the 1st quarter valued at approximately $80,000. 36.35% of the stock is owned by institutional investors and hedge funds.

Under Armour Trading Up 0.7%

NYSE UA traded up $0.04 during trading on Wednesday, hitting $4.95. The stock had a trading volume of 5,131,936 shares, compared to its average volume of 7,221,259. The company has a market capitalization of $2.12 billion, a PE ratio of 22.48 and a beta of 1.54. 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 50 day moving average price of $6.09 and a 200 day moving average price of $6.05. Under Armour, Inc. has a twelve month low of $4.62 and a twelve 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, hitting 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.

Insider Activity at Under Armour

In other Under Armour news, Director Dawn N. Fitzpatrick bought 100,000 shares of Under Armour stock in a transaction on Wednesday, August 13th. The stock was bought at an average price of $4.93 per share, with a total value of $493,000.00. Following the completion of the acquisition, the director owned 133,696 shares in the company, valued at $659,121.28. The trade was a 296.77% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert John Sweeney bought 100,000 shares of the business's stock in a transaction on Thursday, August 21st. The shares were acquired at an average price 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 $652,436.48. The trade was a 296.77% increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 202,045 shares of company stock worth $991,000 over the last 90 days. Company insiders own 15.60% of the company's stock.

About Under Armour

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Under Armour (NYSE:UA)

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