Vanguard Group Inc. Cuts Position in Under Armour, Inc. $UAA

Vanguard Group Inc. decreased its holdings in Under Armour, Inc. (NYSE:UAA) by 0.1% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 15,537,567 shares of the company’s stock after selling 10,894 shares during the period. Vanguard Group Inc. owned approximately 3.61% of Under Armour worth $97,110,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of UAA. Envestnet Asset Management Inc. raised its holdings in 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 period. Raymond James Financial Inc. purchased a new position in Under Armour in the fourth quarter valued at approximately $439,000. Mariner LLC raised its holdings in Under Armour by 10.0% in the fourth quarter. Mariner LLC now owns 17,006 shares of the company’s stock valued at $141,000 after buying an additional 1,552 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in Under Armour by 23.3% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 143,113 shares of the company’s stock valued at $1,185,000 after buying an additional 27,060 shares during the period. Finally, MetLife Investment Management LLC raised its holdings in Under Armour by 9.1% in the fourth quarter. MetLife Investment Management LLC now owns 106,437 shares of the company’s stock valued at $881,000 after buying an additional 8,848 shares during the period. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on UAA shares. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, August 16th. The Goldman Sachs Group assumed coverage on shares of Under Armour in a research note on Wednesday, July 2nd. They set a “neutral” rating and a $7.00 price objective on the stock. Evercore ISI dropped their price objective on shares of Under Armour from $7.00 to $6.00 and set an “underperform” rating on the stock in a research note on Wednesday, May 14th. Stifel Nicolaus dropped their price objective on shares of Under Armour from $11.00 to $10.00 and set a “buy” rating on the stock in a research note on Wednesday, May 14th. Finally, Robert W. Baird dropped their price objective on shares of Under Armour from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note 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 company. According to data from MarketBeat, Under Armour has an average rating of “Hold” and a consensus target price of $6.74.

Under Armour Stock Up 1.5%

UAA stock opened at $5.1250 on Friday. The company has a market capitalization of $2.20 billion, a P/E ratio of 23.30, a PEG ratio of 2.35 and a beta of 1.61. The firm has a 50 day simple moving average of $6.48 and a 200-day simple moving average of $6.46. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. Under Armour, Inc. has a twelve month low of $4.78 and a twelve month high of $11.89.

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

Insider Activity at Under Armour

In related news, insider Mehri Shadman sold 16,287 shares of the company’s stock in a transaction on Tuesday, June 3rd. The shares were 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 of the company’s stock, valued at $1,177,627.44. This represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was bought at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the acquisition, the director directly owned 133,696 shares of the company’s stock, 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 purchased 202,045 shares of company stock valued at $991,000 over the last ninety days. Corporate insiders own 15.60% of the company’s stock.

Under Armour 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.