Credit Industriel ET Commercial Increases Stake in Under Armour, Inc. $UAA

Credit Industriel ET Commercial lifted its stake in shares of Under Armour, Inc. (NYSE:UAA) by 197.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,517,445 shares of the company’s stock after buying an additional 1,007,926 shares during the quarter. Under Armour makes up approximately 0.6% of Credit Industriel ET Commercial’s portfolio, making the stock its 20th biggest position. Credit Industriel ET Commercial owned 0.35% of Under Armour worth $7,572,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC increased its position in shares of Under Armour by 583.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock valued at $28,000 after purchasing an additional 3,498 shares during the last quarter. Uhlmann Price Securities LLC acquired a new position in shares of Under Armour during the third quarter worth $46,000. State of Wyoming purchased a new position in Under Armour in the second quarter valued at $44,000. Neo Ivy Capital Management purchased a new position in Under Armour in the second quarter valued at $44,000. Finally, LRI Investments LLC acquired a new stake in Under Armour in the third quarter valued at $50,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Citigroup cut Under Armour from a “neutral” rating to a “sell” rating and set a $6.20 price objective for the company. in a research report on Tuesday, February 10th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $6.00 price target (up from $5.00) on shares of Under Armour in a report on Friday, February 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a research note on Monday, December 29th. The Goldman Sachs Group reiterated a “neutral” rating and set a $7.00 price target (up from $5.50) on shares of Under Armour in a research note on Monday, February 9th. Finally, Robert W. Baird set a $8.00 price objective on Under Armour in a research note on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, fifteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Under Armour presently has a consensus rating of “Hold” and a consensus target price of $6.94.

Under Armour Stock Performance

NYSE:UAA opened at $7.20 on Monday. Under Armour, Inc. has a fifty-two week low of $4.13 and a fifty-two week high of $7.94. The company has a quick ratio of 0.92, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. The stock has a market cap of $3.06 billion, a PE ratio of -5.90, a price-to-earnings-growth ratio of 5.72 and a beta of 1.83. The firm’s fifty day simple moving average is $5.59 and its 200-day simple moving average is $5.17.

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

Insider Transactions at Under Armour

In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 13,182,469 shares of the company’s stock in a transaction dated Tuesday, December 30th. The stock was acquired at an average cost of $5.12 per share, with a total value of $67,494,241.28. Following the purchase, the insider directly 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 SEC, which is available through this link. Insiders have bought a total of 42,448,155 shares of company stock worth $219,067,338 in the last ninety days. Insiders own 15.60% of the company’s stock.

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.