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

Under Armour, Inc. (NYSE:UAGet Free Report) CFO Reza Taleghani acquired 18,656 shares of Under Armour stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $5.37 per share, with a total value of $100,182.72. Following the completion of the acquisition, the chief financial officer owned 87,621 shares of the company’s stock, valued at $470,524.77. This trade represents a 27.05% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Under Armour Stock Performance

Shares of UA opened at $5.10 on Thursday. The firm has a market cap of $2.17 billion, a PE ratio of -4.43 and a beta of 1.59. The stock’s fifty day moving average price is $6.24 and its two-hundred day moving average price is $6.19. 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, Inc. has a 1 year low of $3.95 and a 1 year high of $7.91.

Under Armour (NYSE:UAGet Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%.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.

Analysts Set New Price Targets

UA has been the subject of a number of research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a research report on Wednesday, August 5th. Robert W. Baird set a $5.50 price target on shares of Under Armour in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell” and an average price target of $5.50.

Check Out Our Latest Stock Analysis on UA

Institutional Trading of Under Armour

A number of hedge funds and other institutional investors have recently made changes to their positions in UA. Vanguard Group Inc. grew its position in Under Armour by 5.6% during the fourth quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company’s stock worth $75,502,000 after buying an additional 831,186 shares in the last quarter. Quantinno Capital Management LP raised its holdings in shares of 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 acquiring an additional 294,227 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Under Armour by 6.6% during the first quarter. Dimensional Fund Advisors LP now owns 11,518,415 shares of the company’s stock worth $66,688,000 after purchasing an additional 716,815 shares in the last quarter. Bastion Asset Management Inc. grew its holdings in shares of Under Armour by 86.9% during the fourth quarter. Bastion Asset Management Inc. now owns 753,518 shares of the company’s stock worth $3,637,000 after purchasing an additional 350,413 shares in the last quarter. Finally, Fairfax Financial Holdings Ltd. Can bought a new position in shares of Under Armour in the fourth quarter worth approximately $45,395,000. 36.35% of the stock is currently owned by institutional investors.

Under Armour Company Profile

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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.

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