PDT Partners LLC Takes $977,000 Position in Under Armour, Inc. $UAA

Key Points

• PDT Partners LLC has acquired a new stake in Under Armour, Inc., purchasing 156,270 shares valued at approximately $977,000 in the first quarter.
• Insider transactions indicate significant confidence in the company, with directors Robert John Sweeney and Dawn N. Fitzpatrick each purchasing 100,000 shares, leading to a 296.77% increase in their respective positions.
• Despite revenue challenges, analysts maintain a predominantly "Hold" rating for Under Armour, with a consensus price target of $6.74 for the stock.

PDT Partners LLC bought a new position in Under Armour, Inc. (NYSE:UAA - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 156,270 shares of the company's stock, valued at approximately $977,000.

Other institutional investors have also recently made changes to their positions in the company. Twin Tree Management LP bought a new position in shares of Under Armour in the 1st quarter worth approximately $44,000. Vident Advisory LLC bought a new position in shares of Under Armour in the 4th quarter worth approximately $85,000. Cerity Partners LLC bought a new position in shares of Under Armour in the 1st quarter worth approximately $66,000. Motley Fool Asset Management LLC purchased a new stake in Under Armour in the 1st quarter worth approximately $68,000. Finally, LGT Group Foundation purchased a new stake in Under Armour in the 1st quarter worth approximately $70,000. Institutional investors own 34.58% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Citigroup reduced their target price 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. Cfra Research raised shares of Under Armour from a "moderate sell" rating to a "hold" rating in a report on Tuesday, August 12th. Truist Financial reduced their target price on shares of Under Armour from $9.00 to $7.00 and set a "hold" rating for the company in a report on Wednesday, May 14th. Bank of America reduced their target price 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. Finally, The Goldman Sachs Group assumed coverage on shares of Under Armour in a report on Wednesday, July 2nd. They issued a "neutral" rating and a $7.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $6.74.

Under Armour Price Performance

UAA traded down $0.08 during trading on Tuesday, reaching $5.03. 2,357,697 shares of the company traded hands, compared to its average volume of 13,175,985. The firm has a fifty day simple moving average of $6.13 and a 200 day simple moving average of $6.28. 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 company has a market cap of $2.15 billion, a P/E ratio of 22.84, a PEG ratio of 4.32 and a beta of 1.67.

Under Armour (NYSE:UAA - Get Free Report) last posted its earnings results on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). The business had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.13 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The company's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period last year, the business posted $0.01 earnings per share. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. On average, equities analysts forecast 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 bought 100,000 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was acquired at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the transaction, the director owned 133,696 shares in the company, valued at $652,436.48. This trade represents a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were 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 owned 133,696 shares of the company's stock, valued at approximately $659,121.28. The trade was a 296.77% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 202,045 shares of company stock valued at $991,000. Corporate insiders own 15.60% of the company's stock.

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.