Charles Schwab Investment Management Inc. Purchases 231,990 Shares of Under Armour, Inc. $UAA

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Under Armour by 4.8%, acquiring an additional 231,990 shares in the 1st quarter, now holding a total of 5,047,630 shares valued at approximately $31.5 million.
• Under Armour's stock is currently trading at $5.0750, down 1.8%, with a market capitalization of $2.18 billion and a one-year trading range between $4.78 and $11.89.
• The company reported quarterly earnings of $0.02 EPS, missing analyst expectations, with a 4.2% decline in year-over-year revenue, and has set guidance of $0.010-0.020 EPS for Q2 2026.

Charles Schwab Investment Management Inc. grew its position in shares of Under Armour, Inc. (NYSE:UAA - Free Report) by 4.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,047,630 shares of the company's stock after acquiring an additional 231,990 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.17% of Under Armour worth $31,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Vident Advisory LLC purchased a new position in shares of Under Armour in the 4th quarter worth about $85,000. Cerity Partners LLC purchased a new position in shares of Under Armour in the 1st quarter worth about $66,000. HB Wealth Management LLC purchased a new position in shares of Under Armour in the 1st quarter worth about $88,000. Encompass More Asset Management purchased a new position in shares of Under Armour in the 1st quarter worth about $88,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Under Armour in the 4th quarter worth about $124,000. 34.58% of the stock is owned by hedge funds and other institutional investors.

Under Armour Price Performance

Shares of UAA traded up $0.0750 during midday trading on Friday, hitting $5.1250. 12,238,708 shares of the company traded hands, compared to its average volume of 16,560,347. The stock has a 50-day moving average of $6.48 and a 200-day moving average of $6.46. Under Armour, Inc. has a one year low of $4.78 and a one year high of $11.89. The firm has a market cap of $2.20 billion, a P/E ratio of 23.30, a PEG ratio of 2.35 and a beta of 1.61. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93.

Under Armour (NYSE:UAA - Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.13 billion. During the same period in the previous year, the firm posted $0.01 EPS. The firm's revenue for the quarter was down 4.2% compared to the same quarter last year. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. As a group, sell-side analysts predict that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UAA has been the topic of a number of research analyst reports. Needham & Company LLC reissued a "hold" rating on shares of Under Armour in a report on Wednesday, May 14th. Cfra Research raised shares of Under Armour from a "moderate sell" rating to a "hold" rating in a report on Tuesday, August 12th. Barclays lowered their price objective on Under Armour from $8.00 to $6.00 and set an "equal weight" rating on the stock in a research note on Monday, May 12th. JPMorgan Chase & Co. lowered their price objective on Under Armour from $6.00 to $5.00 and set an "underweight" rating on the stock in a research note on Friday, August 8th. Finally, BMO Capital Markets lowered their price objective on Under Armour from $12.00 to $9.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 14th. Three investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $6.74.

Insiders Place Their Bets

In other news, insider Mehri Shadman sold 16,287 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total transaction of $100,002.18. Following the completion of the sale, the insider owned 191,796 shares of the company's stock, valued at approximately $1,177,627.44. This represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dawn N. Fitzpatrick acquired 100,000 shares of the company's stock in a transaction dated Wednesday, August 13th. The shares were bought at an average cost of $4.93 per share, with a total value of $493,000.00. Following the purchase, the director owned 133,696 shares of the company's stock, valued at approximately $659,121.28. This trade represents 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 valued at $991,000 over the last quarter. 15.60% of the stock is owned by corporate insiders.

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.