Strs Ohio Takes $1.18 Million Position in Under Armour, Inc. $UAA

Key Points

• Strs Ohio has invested approximately $1.18 million in Under Armour, acquiring 188,062 shares, as indicated in its recent SEC filing.
• Multiple institutional investors have increased their stakes in Under Armour, with notable purchases by Deutsche Bank AG and Two Sigma Advisers LP, among others.
• Wall Street analysts have mixed ratings on Under Armour, with current consensus rating as "Hold" and a price target of $6.70.

Strs Ohio bought a new position in shares of Under Armour, Inc. (NYSE:UAA - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 188,062 shares of the company's stock, valued at approximately $1,175,000.

Other large investors have also recently added to or reduced their stakes in the company. Twin Tree Management LP bought a new position in Under Armour during the 1st quarter worth about $44,000. Cerity Partners LLC bought a new position in shares of Under Armour in the 1st quarter valued at about $66,000. Motley Fool Asset Management LLC bought a new position in shares of Under Armour in the 1st quarter valued at about $68,000. LGT Group Foundation bought a new position in shares of Under Armour in the 1st quarter valued at about $70,000. Finally, United Services Automobile Association bought a new position in shares of Under Armour in the 1st quarter valued at about $83,000. Institutional investors own 34.58% of the company's stock.

Under Armour Stock Performance

NYSE:UAA traded down $0.11 during mid-day trading on Friday, hitting $4.84. The stock had a trading volume of 16,194,616 shares, compared to its average volume of 11,753,103. Under Armour, Inc. has a twelve month low of $4.76 and a twelve month high of $11.89. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 22.00, a PEG ratio of 4.06 and a beta of 1.67. The company's 50 day simple moving average is $5.75 and its 200 day simple moving average is $6.16. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53.

Under Armour (NYSE:UAA - Get Free Report) last issued its earnings results 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). The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter 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 research analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

UAA has been the subject of several analyst reports. Rothschild Redb cut Under Armour from a "strong-buy" rating to a "hold" rating in a report on Monday, September 15th. Robert W. Baird decreased their price objective on Under Armour from $7.00 to $6.00 and set a "neutral" rating for the company in a report on Monday, August 11th. Cfra Research upgraded Under Armour from a "moderate sell" rating to a "hold" rating in a report on Tuesday, August 12th. Wall Street Zen upgraded Under Armour from a "sell" rating to a "hold" rating in a report on Saturday, August 16th. Finally, UBS Group decreased their price objective on Under Armour from $8.00 to $7.50 and set a "buy" rating for the company in a report on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $6.70.

Insider Activity at Under Armour

In related news, Director Dawn N. Fitzpatrick acquired 100,000 shares of the business's stock in a transaction on 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 completion of the transaction, the director directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert John Sweeney acquired 100,000 shares of the business's stock in a transaction on Thursday, August 21st. The shares were bought at an average price of $4.88 per share, with a total value of $488,000.00. Following the completion of the transaction, the director directly owned 133,696 shares of the company's stock, valued at approximately $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 202,045 shares of company stock valued at $991,000 over the last 90 days. Company insiders own 15.60% of the company's stock.

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.