Virtu Financial LLC Buys 117,314 Shares of Under Armour, Inc. $UAA

Virtu Financial LLC boosted its stake in Under Armour, Inc. (NYSE:UAA) by 109.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 224,508 shares of the company’s stock after purchasing an additional 117,314 shares during the quarter. Virtu Financial LLC’s holdings in Under Armour were worth $1,116,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blair William & Co. IL raised its holdings in shares of Under Armour by 40.0% during the fourth quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after purchasing an additional 1,476 shares during the period. Hantz Financial Services Inc. grew its stake in shares of Under Armour by 202.7% in the 4th quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock valued at $42,000 after buying an additional 5,662 shares during the period. State of Wyoming acquired a new stake in shares of Under Armour in the 2nd quarter valued at about $44,000. Equitable Holdings Inc. bought a new stake in Under Armour in the 4th quarter valued at about $51,000. Finally, Portside Wealth Group LLC bought a new stake in Under Armour in the 4th quarter valued at about $52,000. 34.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a report on Sunday, May 24th. Zacks Research downgraded Under Armour from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $6.00 target price on shares of Under Armour in a research report on Wednesday, May 13th. Citigroup reiterated a “sell” rating and issued a $4.75 target price (down from $6.20) on shares of Under Armour in a report on Wednesday, May 13th. Finally, BNP Paribas Exane reduced their price target on shares of Under Armour from $7.00 to $5.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $5.91.

Insider Activity at Under Armour

In related news, major shareholder V Prem Et Al Watsa bought 739,521 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were bought at an average price of $4.97 per share, for a total transaction of $3,675,419.37. Following the completion of the acquisition, the insider directly owned 44,179,116 shares of the company’s stock, valued at $219,570,206.52. This trade represents a 1.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders purchased 1,178,344 shares of company stock valued at $5,865,147 over the last three months. Corporate insiders own 15.60% of the company’s stock.

Under Armour Trading Up 0.1%

UAA opened at $6.07 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.62 and a quick ratio of 1.08. Under Armour, Inc. has a fifty-two week low of $4.13 and a fifty-two week high of $8.15. The firm has a market capitalization of $2.59 billion, a PE ratio of -5.23, a P/E/G ratio of 1.92 and a beta of 1.69. The company’s 50-day moving average is $5.90 and its 200 day moving average is $5.93.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.08) EPS. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. As a group, research analysts predict that Under Armour, Inc. will post 0.12 earnings per share for the current fiscal 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.