Y Intercept Hong Kong Ltd Purchases New Shares in Under Armour, Inc. $UAA

Y Intercept Hong Kong Ltd purchased a new position in Under Armour, Inc. (NYSE:UAA) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 29,287 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds have also bought and sold shares of UAA. Principal Financial Group Inc. raised its stake in shares of Under Armour by 0.4% in the first quarter. Principal Financial Group Inc. now owns 435,307 shares of the company’s stock valued at $2,721,000 after acquiring an additional 1,888 shares during the period. UMB Bank n.a. grew its holdings in Under Armour by 133.8% during the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after purchasing an additional 2,405 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Under Armour by 12.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 26,694 shares of the company’s stock worth $167,000 after purchasing an additional 2,868 shares during the period. Federated Hermes Inc. lifted its stake in Under Armour by 1.6% in the first quarter. Federated Hermes Inc. now owns 195,512 shares of the company’s stock worth $1,222,000 after purchasing an additional 3,073 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in shares of Under Armour by 620.7% during the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after buying an additional 3,352 shares during the period. Institutional investors own 34.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UAA. Telsey Advisory Group reiterated a “market perform” rating and issued a $5.00 price target on shares of Under Armour in a report on Friday. Citigroup reduced their target price on Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. Rothschild & Co Redburn reiterated a “neutral” rating and set a $6.00 target price (down from $7.00) on shares of Under Armour in a research report on Monday, September 15th. Robert W. Baird cut their price target on shares of Under Armour from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Monday, August 11th. Finally, Cfra Research raised shares of Under Armour from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, August 12th. Three investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $6.58.

Insider Buying and Selling at Under Armour

In related news, Director Robert John Sweeney acquired 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the purchase, the director directly owned 133,696 shares of the company’s stock, valued at $652,436.48. This trade represents a 296.77% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Dawn N. Fitzpatrick acquired 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the transaction, the director owned 133,696 shares of the company’s stock, valued at $659,121.28. This represents a 296.77% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 202,045 shares of company stock worth $991,000 in the last ninety days. Insiders own 15.60% of the company’s stock.

Under Armour Trading Up 2.5%

NYSE UAA opened at $4.67 on Monday. Under Armour, Inc. has a one year low of $4.35 and a one year high of $11.08. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 21.21, a price-to-earnings-growth ratio of 3.85 and a beta of 1.86. The company’s 50-day simple moving average is $4.86 and its two-hundred day simple moving average is $5.83.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The company’s revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Equities analysts forecast that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

About Under Armour

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.