AXQ Capital LP Boosts Stock Position in Under Armour, Inc. $UA

AXQ Capital LP increased its position in shares of Under Armour, Inc. (NYSE:UA) by 121.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,297 shares of the company’s stock after acquiring an additional 27,574 shares during the period. AXQ Capital LP’s holdings in Under Armour were worth $326,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in Under Armour by 39.2% during the first quarter. American Century Companies Inc. now owns 3,132,565 shares of the company’s stock worth $18,639,000 after purchasing an additional 881,934 shares during the period. Nuveen LLC purchased a new stake in Under Armour during the 1st quarter worth approximately $6,703,000. Trexquant Investment LP purchased a new stake in Under Armour during the 1st quarter worth approximately $5,122,000. GMT Capital Corp acquired a new stake in Under Armour during the 1st quarter worth approximately $3,676,000. Finally, Goldman Sachs Group Inc. boosted its position in Under Armour by 34.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 388,256 shares of the company’s stock valued at $2,310,000 after buying an additional 99,402 shares during the period. 36.35% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Under Armour in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Under Armour Trading Up 2.4%

NYSE:UA opened at $4.19 on Tuesday. Under Armour, Inc. has a 1 year low of $3.95 and a 1 year high of $9.38. The stock has a market cap of $1.80 billion, a P/E ratio of 19.05 and a beta of 1.77. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. The stock has a 50-day simple moving average of $4.57 and a 200-day simple moving average of $5.47.

Under Armour (NYSE:UA) last issued its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Under Armour 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.