Investors Buy High Volume of Under Armour Put Options (NYSE:UAA)

Under Armour, Inc. (NYSE:UAA) was the recipient of unusually large options trading activity on Monday. Stock traders acquired 10,311 put options on the stock. This represents an increase of approximately 112% compared to the typical volume of 4,855 put options.

Insider Buying and Selling at Under Armour

In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of $4.97 per share, with a total value of $3,675,419.37. Following the purchase, the insider owned 44,179,116 shares in the company, valued at approximately $219,570,206.52. The trade was a 1.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders have bought 1,178,344 shares of company stock worth $5,865,147. 15.60% of the stock is owned by corporate insiders.

Institutional Trading of Under Armour

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Blair William & Co. IL raised its position in Under Armour by 40.0% during the fourth quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock worth $26,000 after acquiring an additional 1,476 shares during the last quarter. Hantz Financial Services Inc. raised its position in Under Armour by 202.7% during the fourth quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock worth $42,000 after acquiring an additional 5,662 shares during the last quarter. State of Wyoming acquired a new position in Under Armour during the second quarter worth about $44,000. Uhlmann Price Securities LLC acquired a new position in Under Armour during the third quarter worth about $46,000. Finally, Equitable Holdings Inc. acquired a new position in Under Armour during the fourth quarter worth about $51,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on UAA shares. The Goldman Sachs Group reissued a “neutral” rating and issued a $6.00 price target on shares of Under Armour in a research note on Wednesday, May 13th. UBS Group reiterated a “buy” rating and set a $10.00 target price (down from $11.00) on shares of Under Armour in a report on Thursday, May 14th. Stifel Nicolaus set a $6.00 price objective on shares of Under Armour and gave the company a “hold” rating in a report on Tuesday, May 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research report on Friday, April 24th. Finally, Barclays set a $5.00 price objective on shares of Under Armour and gave the stock an “equal weight” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Under Armour has an average rating of “Reduce” and a consensus price target of $5.91.

Under Armour Stock Down 2.3%

Shares of NYSE:UAA opened at $5.42 on Wednesday. The company has a market cap of $2.31 billion, a price-to-earnings ratio of -4.67, a PEG ratio of 1.75 and a beta of 1.69. The firm’s 50-day simple moving average is $5.92 and its 200-day simple moving average is $5.81. The company has a quick ratio of 1.08, a current ratio of 1.62 and a debt-to-equity ratio of 0.42. Under Armour has a fifty-two week low of $4.13 and a fifty-two week high of $8.15.

Under Armour (NYSE:UAA) last issued its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share 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 business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the previous year, the firm earned ($0.08) earnings per share. The business’s quarterly revenue was down .8% compared to the same quarter last year. 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. As a group, equities research analysts predict that Under Armour will post 0.12 earnings per share for the current year.

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.