Baader Bank Aktiengesellschaft Invests $368,000 in Under Armour, Inc. $UAA

Baader Bank Aktiengesellschaft acquired a new stake in Under Armour, Inc. (NYSE:UAA) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 73,773 shares of the company’s stock, valued at approximately $368,000.

Several other hedge funds have also added to or reduced their stakes in UAA. Laurel Wealth Advisors LLC grew its holdings in Under Armour by 583.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after acquiring an additional 3,498 shares during the last quarter. Neo Ivy Capital Management acquired a new position in shares of Under Armour during the second quarter worth $44,000. State of Wyoming bought a new stake in shares of Under Armour in the second quarter worth $44,000. LRI Investments LLC acquired a new stake in Under Armour in the third quarter valued at $50,000. Finally, Byrne Asset Management LLC increased its holdings in Under Armour by 398.7% in the third quarter. Byrne Asset Management LLC now owns 10,507 shares of the company’s stock valued at $51,000 after purchasing an additional 8,400 shares during the period. 34.58% of the stock is currently owned by institutional investors and hedge funds.

Under Armour Trading Up 2.3%

NYSE:UAA opened at $7.20 on Friday. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $7.94. The company has a current ratio of 1.43, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The firm’s 50 day moving average is $5.59 and its 200 day moving average is $5.19. The stock has a market capitalization of $3.09 billion, a PE ratio of -5.90, a price-to-earnings-growth ratio of 5.59 and a beta of 1.83.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.11. The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a positive return on equity of 1.48% and a negative net margin of 10.44%.The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.08 EPS. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS. Sell-side analysts expect that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Insider Activity

In related news, major shareholder V Prem Et Al Watsa purchased 1,112,119 shares of the business’s stock in a transaction dated Wednesday, January 28th. The stock was purchased at an average cost of $6.21 per share, with a total value of $6,906,258.99. Following the completion of the acquisition, the insider directly owned 43,000,872 shares of the company’s stock, valued at approximately $267,035,415.12. The trade was a 2.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders acquired a total of 42,448,155 shares of company stock worth $219,067,338 in the last quarter. Corporate insiders own 15.60% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on UAA shares. Zacks Research downgraded shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Guggenheim upgraded Under Armour to a “strong-buy” rating in a research note on Wednesday, December 10th. Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Evercore cut their target price on Under Armour from $5.00 to $4.00 and set an “underperform” rating on the stock in a research report on Friday, November 7th. Finally, William Blair raised Under Armour to a “hold” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fifteen have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $6.94.

Under Armour Company 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.