Under Armour, Inc. $UAA Stock Holdings Boosted by Verity Asset Management Inc.

Verity Asset Management Inc. increased its position in Under Armour, Inc. (NYSE:UAA) by 83.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 258,240 shares of the company’s stock after acquiring an additional 117,398 shares during the period. Under Armour makes up 0.8% of Verity Asset Management Inc.’s portfolio, making the stock its 28th biggest position. Verity Asset Management Inc. owned approximately 0.06% of Under Armour worth $1,764,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. increased its stake in shares of Under Armour by 17.5% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 6,494,339 shares of the company’s stock valued at $40,590,000 after purchasing an additional 965,404 shares during the period. American Century Companies Inc. grew its holdings in Under Armour by 36.2% in the 1st quarter. American Century Companies Inc. now owns 5,465,814 shares of the company’s stock worth $34,161,000 after buying an additional 1,452,143 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Under Armour by 4.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,047,630 shares of the company’s stock worth $31,548,000 after buying an additional 231,990 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in Under Armour by 17.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company’s stock valued at $24,987,000 after acquiring an additional 586,183 shares during the period. Finally, Boston Partners bought a new stake in Under Armour during the 1st quarter valued at $17,745,000. 34.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UAA has been the topic of a number of research analyst reports. Citigroup lowered their price target on Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $6.00 target price (down previously from $7.00) on shares of Under Armour in a research report on Monday, September 15th. Bank of America dropped their price target on shares of Under Armour from $8.00 to $6.50 and set a “neutral” rating on the stock in a research report on Monday, August 11th. Robert W. Baird reduced their price target on shares of Under Armour from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Monday, August 11th. Finally, Cfra Research upgraded shares of Under Armour from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, August 12th. Three investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $6.67.

Insider Transactions at Under Armour

In other news, Director Dawn N. Fitzpatrick acquired 100,000 shares of the stock in a transaction on Wednesday, August 13th. The shares were purchased at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the transaction, the director owned 133,696 shares in the company, valued at approximately $659,121.28. This trade represents a 296.77% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert John Sweeney bought 100,000 shares of Under Armour stock in a transaction dated Thursday, August 21st. The stock was acquired at an average price of $4.88 per share, with a total value of $488,000.00. Following the acquisition, the director directly owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. This represents a 296.77% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 202,045 shares of company stock worth $991,000 in the last three months. 15.60% of the stock is currently owned by company insiders.

Under Armour Stock Performance

NYSE:UAA opened at $4.60 on Monday. The company has a 50-day moving average of $4.90 and a 200-day moving average of $5.88. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 20.93, a price-to-earnings-growth ratio of 3.85 and a beta of 1.76. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. Under Armour, Inc. has a twelve month low of $4.45 and a twelve month high of $11.89.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same quarter last year, the firm posted $0.01 EPS. The company’s quarterly revenue was down 4.2% compared to the same quarter last year. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. Analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Under Armour Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.