Under Armour's (UA) Sell (D+) Rating Reaffirmed at Weiss Ratings

Key Points

• Under Armour's stock has been reaffirmed with a "sell (D+)" rating by Weiss Ratings, indicating ongoing challenges for the company.
• The company recently reported earnings of $0.02 per share and revenue of $1.13 billion, which fell short of analysts' expectations of $1.36 billion.
• Insider trading has been notable, with directors purchasing a combined total of 200,000 shares, significantly increasing their ownership percentage.

Under Armour (NYSE:UA - Get Free Report)'s stock had its "sell (d+)" rating reissued by equities researchers at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Under Armour Trading Up 1.3%

Shares of Under Armour stock traded up $0.06 on Wednesday, reaching $4.81. The company had a trading volume of 2,580,287 shares, compared to its average volume of 4,257,426. 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 $2.06 billion, a PE ratio of 21.86 and a beta of 1.67. The firm's 50 day moving average price is $5.09 and its two-hundred day moving average price is $5.72. Under Armour has a 52-week low of $4.61 and a 52-week high of $10.62.

Under Armour (NYSE:UA - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, meeting analysts' consensus estimates of $0.02. The firm had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.36 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.

Insider Activity at Under Armour

In related news, Director Robert John Sweeney purchased 100,000 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the purchase, the director directly owned 133,696 shares of the company's stock, valued at $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the purchase, the director directly owned 133,696 shares in the company, valued at $659,121.28. This represents a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 202,045 shares of company stock valued at $991,000 in the last quarter. 15.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Under Armour

A number of institutional investors and hedge funds have recently made changes to their positions in UA. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Under Armour by 23.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,224 shares of the company's stock valued at $114,000 after buying an additional 2,930 shares during the last quarter. GAMMA Investing LLC raised its position in Under Armour by 760.5% during the 1st quarter. GAMMA Investing LLC now owns 32,975 shares of the company's stock worth $196,000 after buying an additional 29,143 shares during the last quarter. Yousif Capital Management LLC raised its position in Under Armour by 7.9% during the 1st quarter. Yousif Capital Management LLC now owns 49,413 shares of the company's stock worth $294,000 after buying an additional 3,619 shares during the last quarter. Integrated Advisors Network LLC raised its position in Under Armour by 40.2% during the 1st quarter. Integrated Advisors Network LLC now owns 44,701 shares of the company's stock worth $266,000 after buying an additional 12,807 shares during the last quarter. Finally, Gallagher Capital Advisors LLC purchased a new position in Under Armour during the 1st quarter worth $1,278,000. 36.35% of the stock is owned by hedge funds and other institutional investors.

About Under Armour

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.

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