Under Armour, Inc. $UA Shares Sold by Boston Partners

Boston Partners cut its stake in Under Armour, Inc. (NYSE:UA) by 92.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 108,292 shares of the company’s stock after selling 1,398,052 shares during the period. Boston Partners’ holdings in Under Armour were worth $703,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Nuveen LLC acquired a new stake in shares of Under Armour during the first quarter worth about $6,703,000. American Century Companies Inc. grew its stake in Under Armour by 39.2% during the 1st quarter. American Century Companies Inc. now owns 3,132,565 shares of the company’s stock worth $18,639,000 after buying an additional 881,934 shares during the last quarter. Trexquant Investment LP acquired a new position in Under Armour during the first quarter worth approximately $5,122,000. GMT Capital Corp acquired a new position in Under Armour during the first quarter worth approximately $3,676,000. Finally, Concurrent Investment Advisors LLC lifted its stake in Under Armour by 380.4% in the second quarter. Concurrent Investment Advisors LLC now owns 246,519 shares of the company’s stock valued at $1,600,000 after buying an additional 195,208 shares during the last quarter. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Insider Buying and Selling

In other news, Director Robert John Sweeney bought 100,000 shares of Under Armour stock in a transaction dated Thursday, August 21st. The stock was bought at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the purchase, the director owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 15.60% of the company’s stock.

Under Armour Stock Down 3.0%

UA opened at $4.34 on Friday. Under Armour, Inc. has a 52 week low of $4.18 and a 52 week high of $9.38. The business has a 50 day moving average price of $4.66 and a two-hundred day moving average price of $5.54. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. The company has a market cap of $1.86 billion, a PE ratio of 19.71 and a beta of 1.77.

Under Armour (NYSE:UA) last released its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Under Armour in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

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.