60,000 Shares in Under Armour, Inc. $UA Acquired by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC bought a new position in shares of Under Armour, Inc. (NYSE:UA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 60,000 shares of the company’s stock, valued at approximately $389,000.

Other large investors also recently modified their holdings of the company. UMB Bank n.a. boosted its holdings in Under Armour by 361.9% in the second quarter. UMB Bank n.a. now owns 4,102 shares of the company’s stock valued at $27,000 after purchasing an additional 3,214 shares in the last quarter. Teza Capital Management LLC purchased a new position in shares of Under Armour in the 1st quarter valued at approximately $60,000. Tyler Stone Wealth Management purchased a new position in Under Armour in the 1st quarter valued at $71,000. GAMMA Investing LLC increased its stake in shares of Under Armour by 98.4% during the second quarter. GAMMA Investing LLC now owns 10,997 shares of the company’s stock worth $71,000 after acquiring an additional 5,455 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Under Armour during the 1st quarter worth approximately $78,000. 36.35% of the stock is owned by hedge funds and other institutional investors.

Under Armour Stock Performance

Shares of UA stock opened at $4.57 on Thursday. Under Armour, Inc. has a 52 week low of $4.18 and a 52 week high of $9.38. The company’s fifty day simple moving average is $4.69 and its 200-day simple moving average is $5.55. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. The company has a market cap of $1.96 billion, a PE ratio of 20.75 and a beta of 1.77.

Under Armour (NYSE:UA) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.02 by $0.02. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a return on equity of 7.24% and a net margin of 1.99%. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Under Armour in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Insider Activity at Under Armour

In other news, Director Robert John Sweeney bought 100,000 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was acquired at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the purchase, the director owned 133,696 shares of the company’s stock, valued at $652,436.48. This trade represents a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 15.60% of the company’s stock.

Under Armour 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.