Reza Taleghani Purchases 18,656 Shares of Under Armour (NYSE:UA) Stock

Key Points

• Under Armour CFO Reza Taleghani purchased 18,656 shares at an average price of $5.37, investing approximately $100,183 and increasing his ownership by 27.05% to 87,621 shares.
• Under Armour shares recently traded at $5.10, near the lower end of their 52-week range. The company beat quarterly EPS expectations ($0.05 versus $0.02) but reported revenue slightly below forecasts and continued to post a negative net margin.
• Analysts maintain a broadly negative view, with one Hold and two Sell ratings, an average rating of “Sell,” and an average price target of $5.50; institutional investors own 36.35% of the stock.

Under Armour, Inc. (NYSE:UA - Get Free Report) CFO Reza Taleghani acquired 18,656 shares of the business's stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average cost of $5.37 per share, with a total value of $100,182.72. Following the completion of the transaction, the chief financial officer owned 87,621 shares of the company's stock, valued at approximately $470,524.77. The trade was a 27.05% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Under Armour Stock Performance

Shares of UA stock traded down $0.10 during trading on Wednesday, reaching $5.10. 2,853,072 shares of the company's stock were exchanged, compared to its average volume of 2,896,220. Under Armour, Inc. has a twelve month low of $3.95 and a twelve month high of $7.91. The firm's fifty day moving average price is $6.24 and its 200-day moving average price is $6.19. The company has a quick ratio of 0.96, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $2.17 billion, a PE ratio of -4.43 and a beta of 1.59.

Under Armour (NYSE:UA - Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.03. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.11 billion. Under Armour has set its Q2 2027 guidance at -0.030--0.010 EPS and its FY 2027 guidance at 0.080-0.120 EPS.

Hedge Funds Weigh In On Under Armour

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Under Armour by 5.6% in the fourth quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company's stock worth $75,502,000 after purchasing an additional 831,186 shares during the period. Quantinno Capital Management LP lifted its position in Under Armour by 211.6% during the first quarter. Quantinno Capital Management LP now owns 433,282 shares of the company's stock worth $2,509,000 after purchasing an additional 294,227 shares during the period. Dimensional Fund Advisors LP grew its stake in Under Armour by 6.6% during the first quarter. Dimensional Fund Advisors LP now owns 11,518,415 shares of the company's stock worth $66,688,000 after buying an additional 716,815 shares in the last quarter. Bastion Asset Management Inc. grew its stake in Under Armour by 86.9% during the fourth quarter. Bastion Asset Management Inc. now owns 753,518 shares of the company's stock worth $3,637,000 after buying an additional 350,413 shares in the last quarter. Finally, Fairfax Financial Holdings Ltd. Can bought a new position in Under Armour in the 4th quarter valued at about $45,395,000. Institutional investors own 36.35% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of Under Armour in a research report on Wednesday, August 5th. Robert W. Baird set a $5.50 target price on Under Armour in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Sell" and an average price target of $5.50.

Under Armour Company Profile

Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company's product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.

The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.

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