Under Armour, Inc. (NYSE:UA – Get Free Report)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as $4.60 and last traded at $4.64, with a volume of 1942682 shares traded. The stock had previously closed at $4.70.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Under Armour in a report on Wednesday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Under Armour currently has an average rating of “Sell”.
View Our Latest Stock Analysis on UA
Under Armour Stock Down 2.4%
Under Armour (NYSE:UA – Get Free Report) last announced its earnings results on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. The business had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.
Insider Transactions at Under Armour
In related news, Director Robert John Sweeney acquired 100,000 shares of the stock in a transaction on Thursday, August 21st. The stock was purchased at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the transaction, the director owned 133,696 shares of the company’s stock, valued at $652,436.48. The trade was a 296.77% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dawn N. Fitzpatrick acquired 100,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was bought at an average price of $4.93 per share, with a total value of $493,000.00. Following the transaction, the director directly owned 133,696 shares in the company, valued at approximately $659,121.28. This represents a 296.77% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 202,045 shares of company stock valued at $991,000 in the last quarter. 15.60% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Under Armour
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BDT Capital Partners LLC increased its position in Under Armour by 4.9% in the 2nd quarter. BDT Capital Partners LLC now owns 62,463,879 shares of the company’s stock valued at $405,391,000 after acquiring an additional 2,898,561 shares in the last quarter. American Century Companies Inc. increased its position in Under Armour by 12.0% in the 2nd quarter. American Century Companies Inc. now owns 3,508,113 shares of the company’s stock valued at $22,768,000 after acquiring an additional 375,548 shares in the last quarter. Norges Bank acquired a new stake in Under Armour in the 2nd quarter valued at about $18,920,000. Corient Private Wealth LLC increased its position in Under Armour by 99.8% in the 2nd quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company’s stock valued at $13,018,000 after acquiring an additional 1,002,037 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Under Armour in the 1st quarter valued at about $6,703,000. Institutional investors and hedge funds own 36.35% of the company’s stock.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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.
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