Under Armour (NYSE:UA) Sets New 1-Year High – Here’s What Happened

Under Armour, Inc. (NYSE:UA)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $7.71 and last traded at $7.7250, with a volume of 1337124 shares. The stock had previously closed at $7.54.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UA. Weiss Ratings restated a “sell (e+)” rating on shares of Under Armour in a research report on Monday, December 29th. Citigroup lowered Under Armour from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 10th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Under Armour Price Performance

The stock has a market capitalization of $3.29 billion, a PE ratio of -6.27 and a beta of 1.74. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 0.92. The stock’s fifty day moving average is $5.53 and its 200-day moving average is $5.01.

Under Armour (NYSE:UA) last issued its quarterly earnings data on Friday, February 6th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.11. Under Armour had a negative net margin of 10.44% and a positive return on equity of 1.48%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.16 billion. Under Armour has set its FY 2026 guidance at 0.10-0.110 EPS.

Insiders Place Their Bets

In other Under Armour news, major shareholder V Prem Et Al Watsa purchased 13,182,469 shares of the stock in a transaction on Tuesday, December 30th. The shares were bought at an average price of $5.12 per share, for a total transaction of $67,494,241.28. Following the completion of the transaction, the insider owned 41,958,923 shares of the company’s stock, valued at $214,829,685.76. This trade represents a 45.81% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Over the last ninety days, insiders bought 42,448,155 shares of company stock valued at $219,067,338. Corporate insiders own 15.60% of the company’s stock.

Institutional Investors Weigh In On Under Armour

A number of institutional investors have recently added to or reduced their stakes in the stock. Integrated Advisors Network LLC raised its position in Under Armour by 2.7% during the fourth quarter. Integrated Advisors Network LLC now owns 72,452 shares of the company’s stock worth $348,000 after acquiring an additional 1,884 shares during the period. Tidal Investments LLC increased its stake in shares of Under Armour by 2.1% during 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 in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Under Armour by 4.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 55,508 shares of the company’s stock worth $360,000 after purchasing an additional 2,291 shares in the last quarter. Osaic Holdings Inc. raised its position in shares of Under Armour by 6.8% during the 2nd 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 last quarter. Finally, Oregon Public Employees Retirement Fund lifted its stake 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. Institutional investors and hedge funds own 36.35% of the company’s stock.

About Under Armour

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.