New Insight Wealth Advisors increased its holdings in shares of Under Armour, Inc. (NYSE:UA – Free Report) by 128.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,857 shares of the company’s stock after purchasing an additional 13,409 shares during the quarter. New Insight Wealth Advisors’ holdings in Under Armour were worth $155,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of UA. American Century Companies Inc. lifted its position in shares of Under Armour by 39.2% during the first quarter. American Century Companies Inc. now owns 3,132,565 shares of the company’s stock worth $18,639,000 after purchasing an additional 881,934 shares in the last quarter. GMT Capital Corp acquired a new stake in Under Armour during the 1st quarter valued at $3,676,000. Trexquant Investment LP acquired a new stake in Under Armour during the 1st quarter valued at $5,122,000. Nuveen LLC acquired a new stake in Under Armour during the 1st quarter valued at $6,703,000. Finally, Gallagher Capital Advisors LLC acquired a new stake in Under Armour during the 1st quarter valued at $1,278,000. Institutional investors and hedge funds own 36.35% of the company’s stock.
Insider Activity
In other Under Armour news, Director Dawn N. Fitzpatrick purchased 100,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average cost of $4.93 per share, with a total value of $493,000.00. Following the acquisition, the director owned 133,696 shares of the company’s stock, valued at approximately $659,121.28. This represents a 296.77% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert John Sweeney purchased 100,000 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was acquired at an average cost of $4.88 per share, with a total value of $488,000.00. Following the completion of the acquisition, the director directly owned 133,696 shares in the company, valued at approximately $652,436.48. This trade represents a 296.77% increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 202,045 shares of company stock valued at $991,000 over the last ninety days. Company insiders own 15.60% of the company’s stock.
Under Armour Price Performance
Under Armour (NYSE:UA – Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.36 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.
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