403,105 Shares in Under Armour, Inc. $UA Purchased by Bastion Asset Management Inc.

Bastion Asset Management Inc. bought a new stake in shares of Under Armour, Inc. (NYSE:UA) during the 3rd quarter, Holdings Channel reports. The firm bought 403,105 shares of the company’s stock, valued at approximately $1,945,000.

A number of other large investors have also recently made changes to their positions in UA. Calton & Associates Inc. bought a new position in Under Armour during the third quarter valued at approximately $68,000. ABC Arbitrage SA bought a new position in shares of Under Armour during the 3rd quarter valued at $56,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Under Armour in the 3rd quarter worth $104,000. Select Asset Management & Trust bought a new stake in shares of Under Armour in the third quarter worth $71,000. Finally, First Business Financial Services Inc. bought a new stake in shares of Under Armour in the third quarter worth $48,000. 36.35% of the stock is currently owned by institutional investors.

Under Armour Stock Up 2.0%

UA stock opened at $6.97 on Monday. The business’s 50-day moving average price is $5.41 and its 200-day moving average price is $5.00. The stock has a market cap of $2.97 billion, a P/E ratio of -5.71 and a beta of 1.74. 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 twelve month low of $3.95 and a twelve month high of $7.70.

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

Insider Transactions at Under Armour

In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 1,112,119 shares of the stock in a transaction dated Wednesday, January 28th. The shares were acquired at an average cost of $6.21 per share, for a total transaction of $6,906,258.99. Following the completion of the transaction, the insider directly owned 43,000,872 shares of the company’s stock, valued at approximately $267,035,415.12. The trade was a 2.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last ninety days, insiders acquired 42,448,155 shares of company stock valued at $219,067,338. Corporate insiders own 15.60% of the company’s stock.

Analyst Upgrades and Downgrades

UA has been the topic of several research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Under Armour in a research report on Monday, December 29th. Citigroup cut shares of Under Armour from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 10th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat, Under Armour presently has a consensus rating of “Sell”.

About Under Armour

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.