Nuveen LLC Invests $6.70 Million in Under Armour, Inc. $UA

Nuveen LLC purchased a new position in Under Armour, Inc. (NYSE:UA) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,126,619 shares of the company’s stock, valued at approximately $6,703,000. Nuveen LLC owned 0.26% of Under Armour as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Mariner LLC grew its stake in shares of Under Armour by 9.0% in the fourth quarter. Mariner LLC now owns 35,094 shares of the company’s stock worth $262,000 after acquiring an additional 2,894 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake 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 worth $114,000 after acquiring an additional 2,930 shares during the period. Yousif Capital Management LLC grew its stake in shares of Under Armour by 7.9% in the first quarter. Yousif Capital Management LLC now owns 49,413 shares of the company’s stock worth $294,000 after acquiring an additional 3,619 shares during the period. Perigon Wealth Management LLC grew its stake in shares of Under Armour by 7.6% in the first quarter. Perigon Wealth Management LLC now owns 53,878 shares of the company’s stock worth $321,000 after acquiring an additional 3,802 shares during the period. Finally, Bellwether Advisors LLC bought a new stake in shares of Under Armour in the fourth quarter worth approximately $29,000. 36.35% of the stock is currently owned by institutional investors.

Under Armour Stock Performance

UA opened at $5.0350 on Monday. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 22.89 and a beta of 1.54. The company’s 50 day moving average is $6.16 and its 200 day moving average is $6.08. Under Armour, Inc. has a 12-month low of $4.62 and a 12-month high of $10.62.

Under Armour (NYSE:UA) last posted its quarterly earnings data on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate 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 Buying and Selling

In related news, insider Mehri Shadman sold 16,287 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider owned 191,796 shares of the company’s stock, valued at approximately $1,177,627.44. This trade represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dawn N. Fitzpatrick acquired 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the acquisition, the director owned 133,696 shares of the company’s stock, valued at $659,121.28. The trade was a 296.77% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 202,045 shares of company stock valued at $991,000. 15.60% of the stock is owned by insiders.

Under Armour 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.