Russell Investments Group Ltd. Decreases Holdings in Under Armour, Inc. $UA

Russell Investments Group Ltd. lessened its stake in shares of Under Armour, Inc. (NYSE:UA) by 44.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 456,998 shares of the company’s stock after selling 365,472 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.11% of Under Armour worth $2,719,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Nuveen Asset Management LLC lifted its stake in Under Armour by 58.9% in the fourth quarter. Nuveen Asset Management LLC now owns 2,132,175 shares of the company’s stock worth $15,906,000 after acquiring an additional 790,518 shares during the period. Bank of America Corp DE lifted its position in Under Armour by 617.4% during the fourth quarter. Bank of America Corp DE now owns 1,555,160 shares of the company’s stock valued at $11,601,000 after buying an additional 1,338,376 shares during the period. Janus Henderson Group PLC lifted its position in Under Armour by 1,477.2% during the fourth quarter. Janus Henderson Group PLC now owns 1,374,220 shares of the company’s stock valued at $10,245,000 after buying an additional 1,287,088 shares during the period. Northern Trust Corp lifted its position in Under Armour by 23.0% during the fourth quarter. Northern Trust Corp now owns 1,226,749 shares of the company’s stock valued at $9,152,000 after buying an additional 229,123 shares during the period. Finally, Nuveen LLC purchased a new position in Under Armour during the first quarter valued at $6,703,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Stock Performance

Shares of Under Armour stock 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 firm has a market capitalization of $2.16 billion, a P/E ratio of 22.89 and a beta of 1.54. The business has a fifty day simple moving average of $6.16 and a two-hundred day simple moving average of $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 announced its quarterly earnings data on Friday, August 8th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The business had revenue of $1.13 billion during the quarter, compared to analyst estimates 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 Buying and Selling at Under Armour

In other news, Director Dawn N. Fitzpatrick acquired 100,000 shares of the 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 completion of the transaction, the director owned 133,696 shares of the company’s stock, valued at $659,121.28. This represents a 296.77% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Mehri Shadman sold 16,287 shares of the firm’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 transaction, 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 position. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 202,045 shares of company stock valued at $991,000. 15.60% of the stock is currently owned by company 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.