Investors Purchase High Volume of Under Armour Call Options (NYSE:UA)

Under Armour, Inc. (NYSE:UA) was the target of unusually large options trading on Tuesday. Traders bought 26,629 call options on the company. This is an increase of approximately 1,147% compared to the typical volume of 2,135 call options.

Insider Buying and Selling at Under Armour

In related news, major shareholder V Prem Et Al Watsa bought 13,182,469 shares of the business’s stock in a transaction on Tuesday, December 30th. The stock was acquired at an average price of $5.12 per share, with a total value of $67,494,241.28. Following the transaction, 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 purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders acquired a total of 42,448,155 shares of company stock valued at $219,067,338 in the last three months. 15.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Under Armour

Several hedge funds have recently modified their holdings of the stock. BDT Capital Partners LLC increased its holdings in Under Armour by 4.1% in the 3rd quarter. BDT Capital Partners LLC now owns 65,050,733 shares of the company’s stock valued at $314,195,000 after acquiring an additional 2,586,854 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Under Armour by 5.6% during the fourth quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company’s stock valued at $75,502,000 after purchasing an additional 831,186 shares in the last quarter. Fairfax Financial Holdings Ltd. Can bought a new stake in shares of Under Armour in the fourth quarter worth about $45,395,000. American Century Companies Inc. lifted its position in shares of Under Armour by 12.0% in the second quarter. American Century Companies Inc. now owns 3,508,113 shares of the company’s stock worth $22,768,000 after buying an additional 375,548 shares in the last quarter. Finally, Norges Bank bought a new position in Under Armour during the second quarter valued at approximately $18,920,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Trading Up 8.2%

Shares of Under Armour stock opened at $7.54 on Wednesday. Under Armour has a fifty-two week low of $3.95 and a fifty-two week high of $7.70. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.43. The company has a market capitalization of $3.23 billion, a P/E ratio of -6.18 and a beta of 1.74. The company has a fifty day moving average of $5.53 and a 200 day moving average of $5.01.

Under Armour (NYSE:UA) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.11. Under Armour had a positive return on equity of 1.48% and a negative net margin of 10.44%.The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.16 billion. Under Armour has set its FY 2026 guidance at 0.10-0.110 EPS.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Citigroup downgraded shares of Under Armour from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 10th. Weiss Ratings reissued a “sell (e+)” rating on shares of Under Armour in a report on Monday, December 29th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Under Armour Company Profile

Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company’s product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.

The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.