Under Armour, Inc. $UA Shares Sold by GM Advisory Group LLC

GM Advisory Group LLC lowered its holdings in shares of Under Armour, Inc. (NYSE:UA) by 49.3% during the 1st quarter, Holdings Channel reports. The fund owned 103,000 shares of the company’s stock after selling 100,000 shares during the period. GM Advisory Group LLC’s holdings in Under Armour were worth $596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in UA. Integrated Advisors Network LLC increased its holdings in shares of Under Armour by 2.7% during the fourth quarter. Integrated Advisors Network LLC now owns 72,452 shares of the company’s stock valued at $348,000 after purchasing an additional 1,884 shares during the period. Tidal Investments LLC lifted its holdings in Under Armour by 2.1% in the second quarter. Tidal Investments LLC now owns 110,954 shares of the company’s stock worth $720,000 after purchasing an additional 2,255 shares during the period. Osaic Holdings Inc. lifted its holdings in Under Armour by 6.8% in the second quarter. Osaic Holdings Inc. now owns 35,932 shares of the company’s stock worth $233,000 after purchasing an additional 2,295 shares during the period. Oregon Public Employees Retirement Fund grew its position in Under Armour by 10.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 27,100 shares of the company’s stock valued at $130,000 after buying an additional 2,667 shares in the last quarter. Finally, Twinbeech Capital LP grew its position in Under Armour by 21.0% in the 4th quarter. Twinbeech Capital LP now owns 20,000 shares of the company’s stock valued at $96,000 after buying an additional 3,465 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

Under Armour Trading Down 0.1%

Shares of Under Armour stock opened at $6.47 on Monday. The business has a fifty day simple moving average of $5.71 and a 200-day simple moving average of $5.89. Under Armour, Inc. has a fifty-two week low of $3.95 and a fifty-two week high of $7.91. The firm has a market cap of $2.76 billion, a price-to-earnings ratio of -5.58 and a beta of 1.59. 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 (NYSE:UA) last released its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.17 billion. 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.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Zacks Research upgraded shares of Under Armour to a “hold” rating in a research report on Wednesday, March 11th. Robert W. Baird set a $5.50 price objective on shares of Under Armour in a report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a report on Friday, May 8th. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Under Armour currently has an average rating of “Sell” and an average target price of $5.50.

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 stock in a transaction dated Wednesday, May 13th. The shares were bought at an average price of $4.97 per share, with a total value of $3,675,419.37. Following the purchase, the insider directly owned 44,179,116 shares of the company’s stock, valued at approximately $219,570,206.52. This trade represents a 1.70% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last three months, insiders have bought 1,178,344 shares of company stock worth $5,865,147. Company insiders own 15.60% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company’s product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.

The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.