Under Armour, Inc. $UA Shares Sold by Russell Investments Group Ltd.

Key Points

• Russell Investments Group Ltd. reduced its holdings in Under Armour, Inc. by 44.4% in the first quarter, now owning approximately 0.11% of the company, valued at about $2.7 million.
• Notable institutional investors, like Nuveen Asset Management and Bank of America Corp DE, significantly increased their stakes in Under Armour, with Nuveen raising its ownership by 58.9% and Bank of America by 617.4%.
• Under Armour's latest earnings report showed an EPS of $0.02, meeting analysts' expectations, but revenue of $1.13 billion fell short of the $1.36 billion forecast.

Russell Investments Group Ltd. reduced its stake in Under Armour, Inc. (NYSE:UA - Free Report) by 44.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 456,998 shares of the company's stock after selling 365,472 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.11% of Under Armour worth $2,719,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in shares of Under Armour by 617.4% during the 4th quarter. Bank of America Corp DE now owns 1,555,160 shares of the company's stock valued at $11,601,000 after purchasing an additional 1,338,376 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Under Armour by 1,477.2% in the fourth quarter. Janus Henderson Group PLC now owns 1,374,220 shares of the company's stock worth $10,245,000 after purchasing an additional 1,287,088 shares during the last quarter. Nuveen LLC bought a new stake in Under Armour in the first quarter worth $6,703,000. Nuveen Asset Management LLC increased its holdings in shares of Under Armour by 58.9% in the 4th quarter. Nuveen Asset Management LLC now owns 2,132,175 shares of the company's stock worth $15,906,000 after buying an additional 790,518 shares during the last quarter. Finally, Twinbeech Capital LP bought a new stake in Under Armour during the fourth quarter worth approximately $3,805,000. Institutional investors own 36.35% of the company's stock.

Insider Buying and Selling at Under Armour

In related news, insider Mehri Shadman sold 16,287 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total transaction of $100,002.18. Following the sale, the insider owned 191,796 shares of the company's stock, valued at $1,177,627.44. This trade represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of the stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the acquisition, the director directly owned 133,696 shares in the company, valued at approximately $659,121.28. This represents a 296.77% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 202,045 shares of company stock valued at $991,000. Company insiders own 15.60% of the company's stock.

Under Armour Trading Up 0.7%

Shares of NYSE UA traded up $0.04 during trading hours on Wednesday, hitting $4.95. 5,131,936 shares of the company traded hands, compared to its average volume of 7,221,259. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 22.48 and a beta of 1.54. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. The company's 50 day moving average price is $6.09 and its 200 day moving average price is $6.05. Under Armour, Inc. has a 12 month low of $4.62 and a 12 month high of $10.62.

Under Armour (NYSE:UA - Get Free Report) last issued its quarterly earnings results on Friday, August 8th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.36 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.

Under Armour Profile

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.