Envestnet Portfolio Solutions Inc. Takes $166,000 Position in Under Armour, Inc. $UA

Envestnet Portfolio Solutions Inc. purchased a new stake in Under Armour, Inc. (NYSE:UA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,559 shares of the company’s stock, valued at approximately $166,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its holdings in Under Armour by 7.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 48,211 shares of the company’s stock worth $287,000 after acquiring an additional 3,199 shares in the last quarter. UMB Bank n.a. boosted its holdings in Under Armour by 361.9% in the second quarter. UMB Bank n.a. now owns 4,102 shares of the company’s stock worth $27,000 after acquiring an additional 3,214 shares in the last quarter. Perigon Wealth Management LLC boosted its holdings in 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 in the last quarter. Cetera Investment Advisers boosted its holdings in Under Armour by 21.5% in the first quarter. Cetera Investment Advisers now owns 26,452 shares of the company’s stock worth $157,000 after acquiring an additional 4,686 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Under Armour by 98.4% in the second quarter. GAMMA Investing LLC now owns 10,997 shares of the company’s stock worth $71,000 after acquiring an additional 5,455 shares in the last quarter. Institutional investors own 36.35% of the company’s stock.

Insiders Place Their Bets

In other news, Director Dawn N. Fitzpatrick bought 100,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was acquired at an average cost of $4.93 per share, with a total value of $493,000.00. Following the completion of the transaction, the director directly owned 133,696 shares of the company’s stock, valued at $659,121.28. This represents a 296.77% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert John Sweeney bought 100,000 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was purchased at an average cost of $4.88 per share, with a total value of $488,000.00. Following the completion of the transaction, the director directly owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 202,045 shares of company stock valued at $991,000 over the last three months. Company insiders own 15.60% of the company’s stock.

Under Armour Stock Performance

NYSE:UA opened at $4.65 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93. The business has a fifty day simple moving average of $4.82 and a two-hundred day simple moving average of $5.63. Under Armour, Inc. has a 1 year low of $4.56 and a 1 year high of $10.62. The company has a market capitalization of $1.99 billion, a P/E ratio of 21.11 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 (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.36 billion. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Under Armour in a report on Friday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Under Armour currently has an average rating of “Sell”.

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.