Leonteq Securities AG Takes $676,000 Position in Under Armour, Inc. $UAA

Leonteq Securities AG acquired a new stake in shares of Under Armour, Inc. (NYSE:UAA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 136,103 shares of the company’s stock, valued at approximately $676,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of UAA. Marshall Wace LLP raised its stake in shares of Under Armour by 113.8% during the third quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock valued at $31,420,000 after acquiring an additional 3,351,976 shares during the last quarter. Whitebox Advisors LLC bought a new position in shares of Under Armour during the third quarter valued at about $11,237,000. Vanguard Group Inc. raised its stake in shares of Under Armour by 11.3% during the fourth quarter. Vanguard Group Inc. now owns 17,168,819 shares of the company’s stock valued at $85,329,000 after acquiring an additional 1,747,120 shares during the last quarter. Fort Baker Capital Management LP bought a new position in shares of Under Armour during the third quarter valued at about $8,624,000. Finally, Ovata Capital Management Ltd bought a new position in shares of Under Armour during the third quarter valued at about $6,980,000. 34.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

UAA has been the subject of several recent analyst reports. Zacks Research downgraded shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. BNP Paribas Exane lowered their price objective on shares of Under Armour from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Wednesday, May 13th. Barclays set a $5.00 price target on shares of Under Armour and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Wall Street Zen cut shares of Under Armour from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Finally, Stifel Nicolaus set a $6.00 price target on shares of Under Armour and gave the company a “hold” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Under Armour presently has a consensus rating of “Reduce” and an average price target of $5.91.

Under Armour Price Performance

Shares of NYSE UAA opened at $5.53 on Friday. Under Armour, Inc. has a 1 year low of $4.13 and a 1 year high of $8.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.62 and a quick ratio of 1.08. The company’s 50-day moving average is $5.99 and its 200 day moving average is $5.75. The stock has a market capitalization of $2.35 billion, a P/E ratio of -4.76, a P/E/G ratio of 1.69 and a beta of 1.73.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the previous year, the company earned ($0.08) earnings per share. Under Armour’s quarterly revenue was down .8% on a year-over-year basis. 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, sell-side analysts expect that Under Armour, Inc. will post 0.12 earnings per share for the current year.

Insiders Place Their Bets

In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were acquired at an average price of $4.97 per share, for a total transaction of $3,675,419.37. Following the completion of the acquisition, the insider owned 44,179,116 shares in the company, valued at $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 Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have bought a total of 1,178,344 shares of company stock valued at $5,865,147 in the last 90 days. 15.60% of the stock is currently owned by corporate insiders.

Under Armour Profile

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.