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

Under Armour, Inc. (NYSE:UA) CFO Reza Taleghani acquired 18,656 shares of the stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $5.37 per share, for a total transaction of $100,182.72. Following the purchase, the chief financial officer owned 87,621 shares of the company’s stock, valued at $470,524.77. The trade was a 27.05% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Under Armour Price Performance

NYSE:UA opened at $5.25 on Friday. The stock has a market cap of $2.24 billion, a P/E ratio of -4.56 and a beta of 1.59. Under Armour, Inc. has a one year low of $3.95 and a one year high of $7.91. The company has a fifty day moving average price of $6.24 and a 200 day moving average price of $6.18. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.81 and a quick ratio of 0.96.

Under Armour (NYSE:UA) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.03. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Under Armour has set its Q2 2027 guidance at -0.030–0.010 EPS and its FY 2027 guidance at 0.080-0.120 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in UA. Western Wealth Management LLC acquired a new stake in Under Armour during the first quarter valued at approximately $26,000. Bank of America Corp DE lifted its position in shares of Under Armour by 103.7% during the 1st quarter. Bank of America Corp DE now owns 95,934 shares of the company’s stock worth $555,000 after buying an additional 48,843 shares during the period. Royal Bank of Canada lifted its position in shares of Under Armour by 7.3% during the 1st quarter. Royal Bank of Canada now owns 95,328 shares of the company’s stock worth $552,000 after buying an additional 6,482 shares during the period. Quantinno Capital Management LP boosted its stake in Under Armour by 211.6% in the 1st quarter. Quantinno Capital Management LP now owns 433,282 shares of the company’s stock valued at $2,509,000 after buying an additional 294,227 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in Under Armour by 10.5% in the 1st quarter. Public Employees Retirement System of Ohio now owns 62,104 shares of the company’s stock valued at $360,000 after buying an additional 5,887 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on UA. Robert W. Baird set a $5.50 price target on Under Armour in a research note on Wednesday, May 13th. Weiss Ratings restated a “sell (d-)” rating on shares of Under Armour in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Under Armour currently has an average rating of “Sell” and a consensus price target of $5.50.

Under Armour Company Profile

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.