Investors Purchase High Volume of Under Armour Put Options (NYSE:UAA)

Under Armour, Inc. (NYSE:UAA) was the recipient of some unusual options trading activity on Wednesday. Stock investors acquired 9,024 put options on the stock. This is an increase of approximately 96% compared to the typical daily volume of 4,599 put options.

Wall Street Analysts Forecast Growth

UAA has been the topic of several analyst reports. Citigroup lowered their price target on Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Rothschild Redb downgraded Under Armour from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Bank of America lowered their price target on Under Armour from $8.00 to $6.50 and set a “neutral” rating on the stock in a report on Monday, August 11th. BTIG Research initiated coverage on Under Armour in a report on Tuesday, October 14th. They set a “neutral” rating on the stock. Finally, Rothschild & Co Redburn reiterated a “neutral” rating and set a $6.00 price target (down previously from $7.00) on shares of Under Armour in a report on Monday, September 15th. Three research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $6.67.

Under Armour Trading Down 1.6%

Shares of Under Armour stock opened at $4.55 on Friday. The company’s fifty day simple moving average is $4.91 and its 200-day simple moving average is $5.88. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 20.66, a PEG ratio of 3.85 and a beta of 1.76. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. Under Armour has a 1 year low of $4.47 and a 1 year high of $11.89.

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

Insider Activity at Under Armour

In other Under Armour news, 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 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 in the company, valued at $659,121.28. The trade was a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 acquired at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the transaction, 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 disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 202,045 shares of company stock worth $991,000. Insiders own 15.60% of the company’s stock.

Institutional Investors Weigh In On Under Armour

A number of institutional investors have recently bought and sold shares of the business. Fuller & Thaler Asset Management Inc. boosted its stake in Under Armour by 17.5% during the first 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 in the last quarter. American Century Companies Inc. boosted its stake in Under Armour by 9.2% during the second quarter. American Century Companies Inc. now owns 5,970,726 shares of the company’s stock worth $40,780,000 after buying an additional 504,912 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Under Armour by 4.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 5,047,630 shares of the company’s stock worth $31,548,000 after buying an additional 231,990 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in Under Armour by 17.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company’s stock worth $24,987,000 after buying an additional 586,183 shares in the last quarter. Finally, Marshall Wace LLP boosted its stake in Under Armour by 109.3% during the second quarter. Marshall Wace LLP now owns 2,944,567 shares of the company’s stock worth $20,111,000 after buying an additional 1,537,713 shares in the last quarter. Institutional investors and hedge funds own 34.58% of the company’s stock.

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.