Under Armour (NYSE:UAA) CAO Eric J. Aumen Buys 2,045 Shares

Key Points

• Under Armour CAO Eric J. Aumen purchased 2,045 shares of the company's stock for a total of $10,000.05, increasing his holdings by 2.28% to 91,796 shares.
• The company's stock traded down 2.7% to $4.93 with a market capitalization of $2.12 billion, while reporting a year-over-year revenue decline of 4.2%.
• Several analysts have reduced their target prices for Under Armour, resulting in a current average rating of "Hold" with a consensus target price of $6.74.

Under Armour, Inc. (NYSE:UAA - Get Free Report) CAO Eric J. Aumen purchased 2,045 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was acquired at an average price of $4.89 per share, with a total value of $10,000.05. Following the purchase, the chief accounting officer owned 91,796 shares of the company's stock, valued at approximately $448,882.44. This represents a 2.28% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Under Armour Stock Up 0.3%

Shares of NYSE:UAA traded up $0.0150 during trading on Tuesday, hitting $5.1850. The company's stock had a trading volume of 5,892,276 shares, compared to its average volume of 13,209,753. The business has a 50 day moving average price of $6.62 and a two-hundred day moving average price of $6.53. The company has a market capitalization of $2.22 billion, a PE ratio of 23.57, a P/E/G ratio of 2.41 and a beta of 1.61. 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 fifty-two week low of $4.78 and a fifty-two week high of $11.89.

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

Institutional Investors Weigh In On Under Armour

A number of institutional investors and hedge funds have recently bought and sold shares of UAA. JPMorgan Chase & Co. lifted its position in Under Armour by 36.5% in the fourth quarter. JPMorgan Chase & Co. now owns 554,525 shares of the company's stock valued at $4,591,000 after acquiring an additional 148,280 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Under Armour by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 2,890,105 shares of the company's stock valued at $23,940,000 after buying an additional 9,024 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Under Armour by 183.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 35,689 shares of the company's stock valued at $296,000 after buying an additional 23,111 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Under Armour in the fourth quarter valued at about $439,000. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Under Armour by 10.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 127,071 shares of the company's stock valued at $1,052,000 after buying an additional 11,624 shares during the last quarter. 34.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on UAA shares. Evercore ISI dropped their price target on shares of Under Armour from $7.00 to $6.00 and set an "underperform" rating for the company in a research note on Wednesday, May 14th. Robert W. Baird decreased their price objective on shares of Under Armour from $7.00 to $6.00 and set a "neutral" rating for the company in a research report on Monday, August 11th. BMO Capital Markets decreased their price objective on shares of Under Armour from $12.00 to $9.00 and set an "outperform" rating for the company in a research report on Wednesday, May 14th. Needham & Company LLC reaffirmed a "hold" rating on shares of Under Armour in a research report on Wednesday, May 14th. Finally, Citigroup reaffirmed a "neutral" rating and set a $5.50 price objective (down from $6.00) on shares of Under Armour in a research report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Under Armour presently has an average rating of "Hold" and an average price target of $6.74.

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.