Under Armour (NYSE:UAA) CFO Reza Taleghani Buys 18,656 Shares of Stock

Under Armour, Inc. (NYSE:UAA) CFO Reza Taleghani bought 18,656 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of $5.37 per share, with a total value of $100,182.72. Following the completion of the transaction, the chief financial officer directly owned 87,621 shares of the company’s stock, valued at approximately $470,524.77. This represents a 27.05% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Under Armour Stock Performance

Shares of UAA opened at $5.24 on Thursday. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of -4.56, a price-to-earnings-growth ratio of 1.86 and a beta of 1.67. The company’s fifty day moving average is $6.41 and its 200-day moving average is $6.35. The company has a quick ratio of 0.96, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $8.15.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. Under Armour’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.02 earnings per share. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030–0.010 EPS. Equities analysts expect that Under Armour, Inc. will post 0.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Under Armour

Several hedge funds and other institutional investors have recently made changes to their positions in UAA. Blair William & Co. IL lifted its position in shares of Under Armour by 40.0% during the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock worth $26,000 after purchasing an additional 1,476 shares during the last quarter. State of Wyoming bought a new position in Under Armour in the 2nd quarter worth approximately $44,000. Hantz Financial Services Inc. lifted its holdings in shares of Under Armour by 202.7% during the fourth quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock worth $42,000 after buying an additional 5,662 shares during the last quarter. Equitable Holdings Inc. acquired a new position in shares of Under Armour during the fourth quarter worth approximately $51,000. Finally, Florida Financial Advisors LLC bought a new stake in shares of Under Armour in the second quarter valued at approximately $72,000. 34.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Weiss Ratings raised Under Armour from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday. Zacks Research lowered Under Armour from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Wall Street Zen raised Under Armour from a “sell” rating to a “hold” rating in a research report on Sunday, May 24th. Citigroup reiterated a “sell” rating and set a $4.75 price target (down from $6.20) on shares of Under Armour in a report on Wednesday, May 13th. Finally, BNP Paribas Exane dropped their price target on shares of Under Armour from $7.00 to $5.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, Under Armour has a consensus rating of “Reduce” and a consensus price target of $5.94.

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.