Under Armour, Inc. $UA Shares Sold by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS lowered its stake in Under Armour, Inc. (NYSE:UA) by 14.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,300 shares of the company’s stock after selling 5,100 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Under Armour were worth $190,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. UMB Bank n.a. lifted its position in 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. Teza Capital Management LLC acquired a new stake in shares of Under Armour during the first quarter worth about $60,000. Tyler Stone Wealth Management acquired a new stake in shares of Under Armour during the first quarter worth about $71,000. GAMMA Investing LLC lifted its position in shares of Under Armour by 98.4% during the second quarter. GAMMA Investing LLC now owns 10,997 shares of the company’s stock worth $71,000 after purchasing an additional 5,455 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Under Armour during the first quarter worth about $78,000. Institutional investors and hedge funds own 36.35% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Under Armour in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Under Armour currently has a consensus rating of “Sell”.

Insider Buying and Selling

In other news, Director Dawn N. Fitzpatrick bought 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 completion of the purchase, the director owned 133,696 shares of the company’s stock, valued at approximately $659,121.28. This represents a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert John Sweeney bought 100,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the purchase, the director directly owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. This trade represents a 296.77% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 202,045 shares of company stock worth $991,000 over the last 90 days. Insiders own 15.60% of the company’s stock.

Under Armour Stock Down 0.8%

UA stock opened at $4.58 on Tuesday. The company’s 50 day moving average price is $4.84 and its 200 day moving average price is $5.64. 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, Inc. has a fifty-two week low of $4.56 and a fifty-two week high of $10.62. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 20.80 and a beta of 1.67.

Under Armour (NYSE:UA) last released its earnings results on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.02. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.36 billion. 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.