GAMMA Investing LLC Has $71,000 Position in Under Armour, Inc. $UA

GAMMA Investing LLC boosted its stake in shares of Under Armour, Inc. (NYSE:UA) by 98.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,997 shares of the company’s stock after purchasing an additional 5,455 shares during the period. GAMMA Investing LLC’s holdings in Under Armour were worth $71,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. UMB Bank n.a. lifted its position in shares of Under Armour by 361.9% in the second quarter. UMB Bank n.a. now owns 4,102 shares of the company’s stock valued at $27,000 after buying an additional 3,214 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Under Armour by 152.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 38,566 shares of the company’s stock worth $261,000 after purchasing an additional 23,295 shares during the period. Strs Ohio bought a new position in shares of Under Armour during the first quarter worth approximately $1,129,000. Goldman Sachs Group Inc. increased its stake in shares of Under Armour by 34.4% during the first quarter. Goldman Sachs Group Inc. now owns 388,256 shares of the company’s stock worth $2,310,000 after purchasing an additional 99,402 shares during the period. Finally, Teza Capital Management LLC bought a new position in shares of Under Armour during the first quarter worth approximately $60,000. 36.35% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Under Armour in a research note on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Under Armour currently has a consensus rating of “Sell”.

Insider Buying and Selling at Under Armour

In other news, Director Robert John Sweeney acquired 100,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were bought at an average price of $4.88 per share, with a total value of $488,000.00. Following the acquisition, the director directly owned 133,696 shares in the company, valued at $652,436.48. The trade was a 296.77% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Dawn N. Fitzpatrick acquired 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased 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 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. In the last three months, insiders have purchased 202,045 shares of company stock worth $991,000. 15.60% of the stock is currently owned by company insiders.

Under Armour Trading Down 0.1%

Shares of UA stock opened at $4.92 on Friday. The stock’s fifty day moving average price is $5.16 and its two-hundred day moving average price is $5.74. The company has a market cap of $2.11 billion, a PE ratio of 22.34 and a beta of 1.67. Under Armour, Inc. has a fifty-two week low of $4.61 and a fifty-two week high of $10.62. 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:UA) last issued its earnings results 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 for the quarter, compared to the consensus estimate 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.

Under Armour Company 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.