Baader Bank Aktiengesellschaft Makes New Investment in Under Armour, Inc. $UAA

Baader Bank Aktiengesellschaft bought a new position in Under Armour, Inc. (NYSE:UAA) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 73,773 shares of the company’s stock, valued at approximately $368,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Jupiter Asset Management Ltd. lifted its holdings in Under Armour by 249.4% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,379,513 shares of the company’s stock worth $16,252,000 after buying an additional 1,698,467 shares in the last quarter. Marshall Wace LLP lifted its stake in shares of Under Armour by 109.3% during the second quarter. Marshall Wace LLP now owns 2,944,567 shares of the company’s stock valued at $20,111,000 after acquiring an additional 1,537,713 shares during the period. Norges Bank bought a new position in Under Armour in the second quarter valued at about $9,918,000. Jump Financial LLC boosted its stake in shares of Under Armour by 616.4% in the 2nd quarter. Jump Financial LLC now owns 1,184,992 shares of the company’s stock valued at $8,093,000 after purchasing an additional 1,019,578 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in Under Armour by 189.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,360,485 shares of the company’s stock worth $9,292,000 after acquiring an additional 890,641 shares during the period. Institutional investors own 34.58% of the company’s stock.

Insider Activity at Under Armour

In related news, major shareholder V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock in a transaction dated Tuesday, December 30th. The shares were bought at an average cost of $5.12 per share, for a total transaction of $67,494,241.28. Following the purchase, the insider owned 41,958,923 shares in the company, valued at approximately $214,829,685.76. This trade represents a 45.81% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have bought a total of 42,448,155 shares of company stock valued at $219,067,338 over the last three months. 15.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Zacks Research lowered Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a research note on Monday, December 29th. Barclays set a $8.00 price target on shares of Under Armour and gave the stock an “equal weight” rating in a research note on Monday. Robert W. Baird set a $8.00 price objective on Under Armour in a research report on Monday. Finally, Citigroup downgraded shares of Under Armour from a “neutral” rating to a “sell” rating and set a $6.20 target price for the company. in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fifteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $6.94.

Under Armour Trading Up 2.3%

Shares of Under Armour stock opened at $7.20 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. Under Armour, Inc. has a 12-month low of $4.13 and a 12-month high of $7.94. The company has a market capitalization of $3.09 billion, a price-to-earnings ratio of -5.90, a PEG ratio of 5.59 and a beta of 1.83. The firm’s 50-day moving average price is $5.59 and its two-hundred day moving average price is $5.19.

Under Armour (NYSE:UAA) last issued its quarterly earnings results on Friday, February 6th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.11. Under Armour had a negative net margin of 10.44% and a positive return on equity of 1.48%. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the firm posted $0.08 EPS. The firm’s quarterly revenue was down 5.2% on a year-over-year basis. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS. On average, analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

About Under Armour

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.