WINTON GROUP Ltd acquired a new stake in Under Armour, Inc. (NYSE:UAA – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 270,280 shares of the company’s stock, valued at approximately $1,343,000.
Other large investors also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its position in Under Armour by 202.7% in the 4th quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock valued at $42,000 after buying an additional 5,662 shares during the period. State of Wyoming purchased a new stake in Under Armour in the 2nd quarter valued at about $44,000. Uhlmann Price Securities LLC purchased a new stake in Under Armour in the 3rd quarter valued at about $46,000. Portside Wealth Group LLC purchased a new stake in Under Armour in the 4th quarter valued at about $52,000. Finally, Essex Financial Services Inc. purchased a new stake in Under Armour in the 4th quarter valued at about $63,000. 34.58% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, major shareholder V Prem Et Al Watsa bought 739,521 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of $4.97 per share, with a total value of $3,675,419.37. Following the completion of the transaction, the insider directly owned 44,179,116 shares of the company’s stock, valued at approximately $219,570,206.52. The trade was a 1.70% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased a total of 1,178,344 shares of company stock worth $5,865,147 over the last three months. Corporate insiders own 15.60% of the company’s stock.
Under Armour Price Performance
Under Armour (NYSE:UAA – Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported ($0.03) EPS 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 company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the company posted ($0.08) earnings per share. Under Armour’s revenue for the quarter was down .8% compared to the same quarter last year. 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. Equities analysts predict that Under Armour, Inc. will post 0.12 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
UAA has been the subject of several research reports. Citigroup reissued a “sell” rating and issued a $4.75 price objective (down from $6.20) on shares of Under Armour in a research report on Wednesday, May 13th. UBS Group reaffirmed a “buy” rating and issued a $10.00 price target (down from $11.00) on shares of Under Armour in a research report on Thursday, May 14th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $6.00 price target on shares of Under Armour in a research report on Wednesday, May 13th. Barclays set a $5.00 price target on shares of Under Armour and gave the stock an “equal weight” rating in a research report on Wednesday, May 13th. Finally, Zacks Research cut shares of 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 given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Under Armour has an average rating of “Reduce” and an average target price of $5.91.
View Our Latest Stock Analysis on UAA
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.
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