Under Armour, Inc. $UAA Stock Position Increased by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. lifted its holdings in shares of Under Armour, Inc. (NYSE:UAA) by 249.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,379,513 shares of the company’s stock after buying an additional 1,698,467 shares during the period. Jupiter Asset Management Ltd. owned approximately 0.55% of Under Armour worth $16,252,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UAA. Parallel Advisors LLC increased its stake in Under Armour by 620.7% during the 2nd quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after buying an additional 3,352 shares during the period. UMB Bank n.a. boosted its holdings in shares of Under Armour by 133.8% in the second quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after acquiring an additional 2,405 shares in the last quarter. Twin Tree Management LP bought a new position in shares of Under Armour in the first quarter valued at approximately $44,000. GAMMA Investing LLC increased its stake in shares of Under Armour by 163.3% during the second quarter. GAMMA Investing LLC now owns 7,013 shares of the company’s stock valued at $48,000 after acquiring an additional 4,350 shares during the period. Finally, Cerity Partners LLC bought a new stake in Under Armour during the first quarter worth approximately $66,000. Institutional investors own 34.58% of the company’s stock.

Under Armour Stock Performance

Shares of NYSE UAA opened at $4.81 on Thursday. The stock’s fifty day simple moving average is $4.84 and its 200 day simple moving average is $5.81. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 21.84, a PEG ratio of 3.85 and a beta of 1.86. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. Under Armour, Inc. has a 52-week low of $4.35 and a 52-week high of $10.53.

Under Armour (NYSE:UAA) last announced its earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.Under Armour’s revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 earnings per share. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. As a group, sell-side analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. BTIG Research started coverage on Under Armour in a research note on Tuesday, October 14th. They set a “neutral” rating for the company. Evercore ISI cut their price objective on Under Armour from $5.00 to $4.00 and set an “underperform” rating for the company in a report on Friday, November 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Under Armour in a research note on Wednesday, October 8th. Cfra Research upgraded shares of Under Armour from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, August 12th. Finally, Robert W. Baird cut their price target on shares of Under Armour from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $6.58.

Insider Activity at Under Armour

In other news, Director Robert John Sweeney bought 100,000 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were acquired at an average cost of $4.88 per share, with a total value of $488,000.00. Following the completion of the transaction, the director directly owned 133,696 shares in the company, valued at approximately $652,436.48. The trade was a 296.77% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 15.60% of the stock is currently owned by insiders.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.