Under Armour, Inc. (NYSE:UA - Get Free Report) shares saw strong trading volume on Tuesday . 4,893,663 shares traded hands during trading, an increase of 25% from the previous session's volume of 3,930,089 shares.The stock last traded at $5.14 and had previously closed at $5.06.
Under Armour Stock Performance
The business has a 50-day moving average price of $6.16 and a 200-day moving average price of $6.08. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 22.89 and a beta of 1.54. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21.
Under Armour (NYSE:UA - Get Free Report) last issued its quarterly earnings results on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.02. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.36 billion. Under Armour had a return on equity of 7.24% and a net margin of 1.99%. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.
Insider Activity at Under Armour
In other news, 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 purchased at an average cost of $4.93 per share, with a total value of $493,000.00. Following the transaction, the director directly owned 133,696 shares in the company, valued at approximately $659,121.28. The trade was a 296.77% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Mehri Shadman sold 16,287 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total value of $100,002.18. Following the sale, the insider directly owned 191,796 shares in the company, valued at $1,177,627.44. This represents a 7.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have bought a total of 202,045 shares of company stock valued at $991,000 in the last ninety days. Company insiders own 15.60% of the company's stock.
Institutional Investors Weigh In On Under Armour
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Marex Group plc acquired a new stake in Under Armour during the 2nd quarter worth about $130,000. CANADA LIFE ASSURANCE Co grew its position in Under Armour by 16.4% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 87,395 shares of the company's stock worth $566,000 after purchasing an additional 12,338 shares during the period. Sugar Maple Asset Management LLC acquired a new stake in Under Armour during the 2nd quarter worth about $68,000. Corient Private Wealth LLC grew its position in Under Armour by 99.8% during the 2nd quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company's stock worth $13,018,000 after purchasing an additional 1,002,037 shares during the period. Finally, Tidal Investments LLC grew its position in Under Armour by 2.1% during the 2nd quarter. Tidal Investments LLC now owns 110,954 shares of the company's stock worth $720,000 after purchasing an additional 2,255 shares during the period. 36.35% of the stock is owned by institutional investors and hedge funds.
About Under Armour
(
Get Free Report)
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.
See Also
Before you consider Under Armour, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Under Armour wasn't on the list.
While Under Armour currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
