Bastion Asset Management Inc. Increases Stake in Under Armour, Inc. $UA

Posted by Brenda Bartman on May 20th, 2026

Bastion Asset Management Inc. increased its holdings in shares of Under Armour, Inc. (NYSE:UA – Free Report) by 86.9% during the 4th quarter, HoldingsChannel reports. The fund owned 753,518 shares of the company’s stock after buying an additional 350,413 shares during the period. Under Armour accounts for approximately 2.0% of Bastion Asset Management Inc.’s portfolio, making the stock its 19th biggest holding. Bastion Asset Management Inc.’s holdings in Under Armour were worth $3,637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of UA. AlphaCore Capital LLC bought a new stake in Under Armour during the third quarter worth about $41,000. First Business Financial Services Inc. bought a new stake in Under Armour during the third quarter worth about $48,000. Keel Point LLC bought a new stake in Under Armour during the third quarter worth about $52,000. Quarry LP bought a new stake in Under Armour during the third quarter worth about $53,000. Finally, ABC Arbitrage SA bought a new stake in Under Armour during the third quarter worth about $56,000. Institutional investors own 36.35% of the company’s stock.

Under Armour Trading Up 1.9%

Shares of NYSE UA opened at $5.03 on Wednesday. The firm’s 50 day moving average price is $5.89 and its 200-day moving average price is $5.56. The company has a market cap of $2.14 billion, a PE ratio of -4.33 and a beta of 1.65. Under Armour, Inc. has a 52-week low of $3.95 and a 52-week high of $7.91. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.62.

Under Armour (NYSE:UA – Get Free Report) last issued its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01). The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.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. On average, equities research analysts expect that Under Armour, Inc. will post 0.24 EPS for the current fiscal year.

Insider Activity

In related news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average cost of $4.97 per share, with a total value of $3,675,419.37. Following the completion of the acquisition, the insider directly owned 44,179,116 shares of the company’s stock, valued at approximately $219,570,206.52. This trade represents a 1.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have purchased a total of 1,178,344 shares of company stock valued at $5,865,147 in the last 90 days. Corporate insiders own 15.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on UA. Citigroup lowered shares of Under Armour from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a research note on Friday, May 8th. Zacks Research raised shares of Under Armour to a “hold” rating in a research note on Wednesday, March 11th. Finally, Robert W. Baird set a $5.50 price objective on shares of Under Armour in a research note on Wednesday, May 13th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Under Armour has an average rating of “Sell” and a consensus price target of $5.50.

Get Our Latest Research Report on UA

About Under Armour

(Free Report)

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.