189,707 Shares in Under Armour, Inc. $UA Purchased by Strs Ohio

Key Points

• Strs Ohio has acquired a new position in Under Armour, purchasing 189,707 shares valued at approximately $1.129 million during the first quarter.
• Several other institutional investors have also increased their holdings in Under Armour, with notable boosts from Wealth Enhancement Advisory Services and Cetera Investment Advisers.
• Under Armour reported quarterly earnings of $0.02 EPS, which met analysts' expectations, but its revenue of $1.13 billion fell short of the consensus estimate of $1.36 billion.

Strs Ohio bought a new position in shares of Under Armour, Inc. (NYSE:UA - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 189,707 shares of the company's stock, valued at approximately $1,129,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Teza Capital Management LLC bought a new position in Under Armour during the 1st quarter valued at $60,000. Tyler Stone Wealth Management bought a new stake in shares of Under Armour during the 1st quarter valued at about $71,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Under Armour during the 1st quarter valued at about $78,000. HB Wealth Management LLC bought a new stake in shares of Under Armour during the 1st quarter valued at about $80,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Under Armour by 23.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,224 shares of the company's stock valued at $114,000 after acquiring an additional 2,930 shares during the last quarter. Institutional investors and hedge funds own 36.35% of the company's stock.

Insider Transactions at Under Armour

In other news, Director Robert John Sweeney bought 100,000 shares of the 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 acquisition, the director owned 133,696 shares in the company, valued at $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of the business's stock in a transaction that occurred on 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 transaction, the director directly owned 133,696 shares of the company's stock, valued at $659,121.28. This represents a 296.77% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders acquired 202,045 shares of company stock worth $991,000. 15.60% of the stock is owned by corporate insiders.

Under Armour Price Performance

NYSE:UA traded up $0.01 during mid-day trading on Monday, reaching $4.75. The stock had a trading volume of 1,926,776 shares, compared to its average volume of 4,216,738. 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, Inc. has a one year low of $4.62 and a one year high of $10.62. The firm has a 50 day moving average price of $5.52 and a two-hundred day moving average price of $5.85. The stock has a market capitalization of $2.03 billion, a P/E ratio of 21.57 and a beta of 1.60.

Under Armour (NYSE:UA - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.36 billion. 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.