Maven Securities LTD Buys 306,254 Shares of Under Armour, Inc. $UAA

Maven Securities LTD boosted its stake in Under Armour, Inc. (NYSE:UAA) by 207.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 453,831 shares of the company’s stock after purchasing an additional 306,254 shares during the period. Maven Securities LTD owned about 0.11% of Under Armour worth $2,265,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC grew its stake in shares of Under Armour by 583.0% during the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after buying an additional 3,498 shares during the last quarter. Neo Ivy Capital Management bought a new position in shares of Under Armour in the 2nd quarter valued at $44,000. State of Wyoming bought a new position in shares of Under Armour in the 2nd quarter valued at $44,000. Uhlmann Price Securities LLC acquired a new stake in shares of Under Armour during the 3rd quarter valued at $46,000. Finally, LRI Investments LLC acquired a new stake in shares of Under Armour during the 3rd quarter valued at $50,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Insider Activity

In related news, major shareholder V Prem Et Al Watsa bought 13,182,469 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The shares were acquired at an average cost of $5.12 per share, with a total value of $67,494,241.28. Following the completion of the purchase, the insider directly owned 41,958,923 shares in the company, valued at $214,829,685.76. The trade was a 45.81% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders have acquired 42,448,155 shares of company stock worth $219,067,338. 15.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on UAA shares. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $6.00 target price (up from $5.00) on shares of Under Armour in a report on Friday, February 6th. UBS Group reissued a “buy” rating and set a $11.00 price target on shares of Under Armour in a research note on Monday, February 9th. Robert W. Baird set a $8.00 price target on Under Armour in a report on Monday, February 9th. Guggenheim raised Under Armour to a “strong-buy” rating in a research note on Wednesday, December 10th. Finally, Truist Financial set a $6.00 price objective on shares of Under Armour in a report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fourteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $6.91.

Under Armour Price Performance

Shares of UAA opened at $6.25 on Wednesday. Under Armour, Inc. has a 52-week low of $4.13 and a 52-week high of $8.15. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.43. The business’s 50 day moving average price is $6.65 and its two-hundred day moving average price is $5.41. The firm has a market cap of $2.66 billion, a PE ratio of -5.12, a price-to-earnings-growth ratio of 4.78 and a beta of 1.76.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Friday, February 6th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.11. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour had a positive return on equity of 1.48% and a negative net margin of 10.44%.The company’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.08 EPS. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS. On average, equities analysts anticipate that Under Armour, Inc. will post 0.3 EPS 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.