Under Armour (NYSE:UA) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• Under Armour's stock experienced a trading volume increase of 25%, with 4,893,663 shares traded, pushing the stock price up to $5.14.
• The company's latest quarterly earnings reported $0.02 earnings per share, meeting analyst estimates, but revenue fell short at $1.13 billion compared to expectations of $1.36 billion.
• Insider activity included a significant purchase of 100,000 shares by Director Dawn N. Fitzpatrick, indicating confidence in the stock, while insider Mehri Shadman reduced their position by selling 16,287 shares.

Shares of Under Armour, Inc. (NYSE:UA - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 4,893,663 shares changed hands during mid-day 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 company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. The firm has a market cap of $2.16 billion, a P/E ratio of 22.89 and a beta of 1.54. The business's 50-day simple moving average is $6.16 and its 200 day simple moving average is $6.09.

Under Armour (NYSE:UA - Get Free Report) last posted its earnings results on Friday, August 8th. The company reported $0.02 EPS for the quarter, hitting analysts' consensus estimates of $0.02. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The business 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.

Insiders Place Their Bets

In related news, Director Dawn N. Fitzpatrick bought 100,000 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was acquired at an average price of $4.93 per share, with a total value of $493,000.00. Following the transaction, the director owned 133,696 shares in the company, valued at approximately $659,121.28. This trade represents a 296.77% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert John Sweeney bought 100,000 shares of the business's stock in a transaction on Thursday, August 21st. The stock was bought at an average cost of $4.88 per share, with a total value of $488,000.00. Following the transaction, the director owned 133,696 shares in the company, valued at $652,436.48. This trade represents a 296.77% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 202,045 shares of company stock valued at $991,000. Company insiders own 15.60% of the company's stock.

Institutional Investors Weigh In On Under Armour

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bellwether Advisors LLC purchased a new stake in shares of Under Armour in the 4th quarter worth $29,000. Laurel Wealth Advisors LLC increased its stake in shares of Under Armour by 549.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,920 shares of the company's stock worth $25,000 after purchasing an additional 3,316 shares in the last quarter. Quarry LP purchased a new stake in shares of Under Armour in the 4th quarter worth $30,000. UMB Bank n.a. increased its stake in shares of Under Armour by 361.9% in the 2nd quarter. UMB Bank n.a. now owns 4,102 shares of the company's stock worth $27,000 after purchasing an additional 3,214 shares in the last quarter. Finally, Cerity Partners LLC purchased a new stake in shares of Under Armour in the 2nd quarter worth $65,000. 36.35% of the stock is currently owned by hedge funds and other institutional investors.

Under Armour Company 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.