Praxis Investment Management Inc. Purchases 6,850 Shares of Under Armour, Inc. $UAA

Praxis Investment Management Inc. boosted its position in shares of Under Armour, Inc. (NYSE:UAA) by 48.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,000 shares of the company’s stock after acquiring an additional 6,850 shares during the period. Praxis Investment Management Inc.’s holdings in Under Armour were worth $143,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UAA. Parallel Advisors LLC raised its stake in Under Armour by 620.7% during the 2nd quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock worth $27,000 after acquiring an additional 3,352 shares during the period. UMB Bank n.a. raised its stake in Under Armour by 133.8% during the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock worth $29,000 after acquiring an additional 2,405 shares during the period. Twin Tree Management LP bought a new stake in Under Armour during the 1st quarter worth approximately $44,000. GAMMA Investing LLC raised its stake in Under Armour by 163.3% during the 2nd quarter. GAMMA Investing LLC now owns 7,013 shares of the company’s stock worth $48,000 after acquiring an additional 4,350 shares during the period. Finally, Cerity Partners LLC bought a new stake in Under Armour during the 1st quarter worth approximately $66,000. Institutional investors own 34.58% of the company’s stock.

Under Armour Trading Up 0.4%

Shares of UAA opened at $4.78 on Monday. The company’s fifty day moving average is $4.97 and its 200 day moving average is $5.91. Under Armour, Inc. has a fifty-two week low of $4.72 and a fifty-two week high of $11.89. The stock has a market capitalization of $2.05 billion, a PE ratio of 21.73, a P/E/G ratio of 4.05 and a beta of 1.76. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the firm posted $0.01 EPS. The company’s revenue for the quarter was down 4.2% on a year-over-year basis. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. Sell-side analysts expect that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Insider Buying and Selling at Under Armour

In other Under Armour news, Director Robert John Sweeney purchased 100,000 shares of Under Armour stock in a transaction that occurred on Thursday, August 21st. The shares were bought at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the transaction, the director owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. This trade represents a 296.77% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of Under Armour stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the transaction, the director directly owned 133,696 shares of the company’s stock, valued at $659,121.28. The trade was a 296.77% increase in their position. The disclosure for this purchase can be found here. Insiders purchased 202,045 shares of company stock worth $991,000 in the last 90 days. 15.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

UAA has been the topic of several recent analyst reports. UBS Group reduced their price objective on shares of Under Armour from $8.00 to $7.50 and set a “buy” rating on the stock in a research report on Monday, August 11th. Rothschild Redb cut shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 15th. JPMorgan Chase & Co. reduced their price objective on shares of Under Armour from $6.00 to $5.00 and set an “underweight” rating on the stock in a research report on Friday, August 8th. The Goldman Sachs Group initiated coverage on shares of Under Armour in a research report on Wednesday, July 2nd. They set a “neutral” rating and a $7.00 price objective on the stock. Finally, Citigroup reduced their price objective on shares of Under Armour from $6.00 to $5.50 and set a “neutral” rating on the stock in a research report on Monday, August 11th. Three analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $6.70.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.