Under Armour, Inc. $UAA is Fairfax Financial Holdings Ltd. Can’s 4th Largest Position

Fairfax Financial Holdings Ltd. Can boosted its holdings in shares of Under Armour, Inc. (NYSE:UAA) by 564.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,958,923 shares of the company’s stock after acquiring an additional 35,647,123 shares during the quarter. Under Armour accounts for about 10.0% of Fairfax Financial Holdings Ltd. Can’s investment portfolio, making the stock its 4th largest holding. Fairfax Financial Holdings Ltd. Can owned 0.10% of Under Armour worth $208,536,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of UAA. Jupiter Asset Management Ltd. lifted its position in shares of Under Armour by 21.1% in the third quarter. Jupiter Asset Management Ltd. now owns 2,881,040 shares of the company’s stock worth $14,376,000 after purchasing an additional 501,527 shares in the last quarter. Maven Securities LTD grew its position in Under Armour by 207.5% during the third quarter. Maven Securities LTD now owns 453,831 shares of the company’s stock valued at $2,265,000 after purchasing an additional 306,254 shares in the last quarter. Capula Management Ltd purchased a new position in Under Armour during the third quarter valued at approximately $3,887,000. Ovata Capital Management Ltd acquired a new position in Under Armour in the 3rd quarter valued at approximately $6,980,000. Finally, Intech Investment Management LLC increased its stake in Under Armour by 133.6% in the 3rd quarter. Intech Investment Management LLC now owns 648,896 shares of the company’s stock valued at $3,238,000 after buying an additional 371,166 shares during the period. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Stock Performance

UAA stock opened at $5.85 on Wednesday. The firm has a 50 day moving average of $5.89 and a two-hundred day moving average of $5.91. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $8.15. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of -5.04, a P/E/G ratio of 1.91 and a beta of 1.69. The company has a quick ratio of 1.08, a current ratio of 1.62 and a debt-to-equity ratio of 0.42.

Under Armour (NYSE:UAA) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.03). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the firm earned ($0.08) EPS. Under Armour’s revenue for the quarter was down .8% on a year-over-year basis. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. As a group, equities analysts anticipate that Under Armour, Inc. will post 0.12 EPS for the current fiscal year.

Analysts Set New Price Targets

UAA has been the subject of a number of research reports. Truist Financial decreased their target price on shares of Under Armour from $8.00 to $5.00 and set a “hold” rating for the company in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research note on Friday, April 24th. UBS Group reiterated a “buy” rating and set a $10.00 price objective (down from $11.00) on shares of Under Armour in a report on Thursday, May 14th. Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a research note on Sunday, May 24th. Finally, Zacks Research lowered Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $5.91.

Insiders Place Their Bets

In related news, major shareholder V Prem Et Al Watsa bought 739,521 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of $4.97 per share, for a total transaction of $3,675,419.37. Following the completion of the acquisition, the insider directly owned 44,179,116 shares in the company, valued at approximately $219,570,206.52. This represents a 1.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders bought 1,178,344 shares of company stock worth $5,865,147 in the last 90 days. 15.60% of the stock is owned by company insiders.

Under Armour Company Profile

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.