Harbor Capital Advisors Inc. Acquires 3,931 Shares of Under Armour, Inc. $UAA

Harbor Capital Advisors Inc. grew its holdings in shares of Under Armour, Inc. (NYSE:UAA) by 8.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,904 shares of the company’s stock after buying an additional 3,931 shares during the period. Harbor Capital Advisors Inc.’s holdings in Under Armour were worth $334,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Boston Partners purchased a new position in shares of Under Armour in the 1st quarter worth about $17,745,000. American Century Companies Inc. raised its position in Under Armour by 36.2% in the 1st quarter. American Century Companies Inc. now owns 5,465,814 shares of the company’s stock worth $34,161,000 after buying an additional 1,452,143 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Under Armour by 279.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,727,901 shares of the company’s stock worth $14,307,000 after buying an additional 1,273,129 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position in Under Armour by 17.5% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 6,494,339 shares of the company’s stock worth $40,590,000 after buying an additional 965,404 shares during the last quarter. Finally, Maverick Capital Ltd. raised its position in Under Armour by 1,104.6% in the 1st quarter. Maverick Capital Ltd. now owns 734,831 shares of the company’s stock worth $4,593,000 after buying an additional 673,829 shares during the last quarter. Institutional investors own 34.58% of the company’s stock.

Under Armour Stock Performance

NYSE:UAA opened at $4.84 on Friday. The stock’s fifty day moving average is $5.75 and its 200 day moving average is $6.17. Under Armour, Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $11.89. The firm has a market capitalization of $2.08 billion, a PE ratio of 22.00, a PEG ratio of 4.16 and a beta of 1.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53.

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

Insider Buying and Selling at Under Armour

In related news, Director Robert John Sweeney purchased 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were bought at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the acquisition, the director owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. This represents a 296.77% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of Under Armour stock in a transaction on Wednesday, August 13th. The stock was acquired at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the purchase, the director owned 133,696 shares of the company’s stock, valued at approximately $659,121.28. This trade represents a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 202,045 shares of company stock worth $991,000 in the last 90 days. 15.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

UAA has been the subject of a number of recent analyst reports. UBS Group decreased their target price on Under Armour from $8.00 to $7.50 and set a “buy” rating for the company in a research report on Monday, August 11th. Rothschild Redb lowered shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 15th. JPMorgan Chase & Co. reduced their price target on shares of Under Armour from $6.00 to $5.00 and set an “underweight” rating for the company in a research report on Friday, August 8th. Telsey Advisory Group reduced their price target on shares of Under Armour from $7.00 to $5.00 and set a “market perform” rating for the company in a research report on Monday, August 11th. Finally, Bank of America reduced their price target on shares of Under Armour from $8.00 to $6.50 and set a “neutral” rating for the company in a research report on Monday, August 11th. Three analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $6.70.

About Under Armour

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.