American Century Companies Inc. Trims Stock Position in Under Armour, Inc. $UAA

American Century Companies Inc. decreased its position in Under Armour, Inc. (NYSE:UAA) by 32.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,021,356 shares of the company’s stock after selling 1,949,370 shares during the period. American Century Companies Inc. owned 0.94% of Under Armour worth $20,067,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in UAA. Panagora Asset Management Inc. increased its stake in Under Armour by 11.3% during the second quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company’s stock worth $164,000 after acquiring an additional 2,440 shares during the last quarter. HUB Investment Partners LLC lifted its stake in shares of Under Armour by 12.9% in the 2nd quarter. HUB Investment Partners LLC now owns 21,810 shares of the company’s stock valued at $149,000 after purchasing an additional 2,489 shares during the last quarter. M&T Bank Corp lifted its stake in shares of Under Armour by 23.2% in the 2nd quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock valued at $91,000 after purchasing an additional 2,504 shares during the last quarter. Police & Firemen s Retirement System of New Jersey increased its position in shares of Under Armour by 4.5% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 71,967 shares of the company’s stock worth $492,000 after purchasing an additional 3,094 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Under Armour by 13.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 28,514 shares of the company’s stock valued at $195,000 after buying an additional 3,378 shares during the period. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Trading Down 1.4%

NYSE UAA opened at $6.50 on Tuesday. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of -5.32, a PEG ratio of 4.89 and a beta of 1.76. Under Armour, Inc. has a one year low of $4.13 and a one year high of $8.15. 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 firm has a 50 day simple moving average of $6.51 and a 200-day simple moving average of $5.35.

Under Armour (NYSE:UAA) last issued its quarterly earnings results 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 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 analysts’ expectations of $1.31 billion. During the same quarter last year, the company posted $0.08 EPS. The firm’s revenue was down 5.2% compared to the same quarter last year. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS. Equities research analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Insider Activity

In related news, major shareholder V Prem Et Al Watsa acquired 13,182,469 shares of the 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 completion of the transaction, the insider owned 41,958,923 shares in the company, valued at $214,829,685.76. This represents a 45.81% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders bought 42,448,155 shares of company stock valued at $219,067,338. Company insiders own 15.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Barclays set a $8.00 target price on shares of Under Armour and gave the stock an “equal weight” rating in a research note on Monday, February 9th. Wall Street Zen raised shares of Under Armour from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Zacks Research lowered shares of Under Armour from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Robert W. Baird set a $8.00 target price on shares of Under Armour in a report on Monday, February 9th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $6.00 target price (up from $5.00) on shares of Under Armour in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fourteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $6.91.

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.