Dimensional Fund Advisors LP Has $66.69 Million Stock Position in Under Armour, Inc. $UA

Dimensional Fund Advisors LP raised its position in Under Armour, Inc. (NYSE:UA) by 6.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 11,518,415 shares of the company’s stock after buying an additional 716,815 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Under Armour were worth $66,688,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Integrated Advisors Network LLC raised its position in Under Armour by 2.7% during the fourth quarter. Integrated Advisors Network LLC now owns 72,452 shares of the company’s stock valued at $348,000 after purchasing an additional 1,884 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Under Armour by 80.0% during the 1st quarter. International Assets Investment Management LLC now owns 4,500 shares of the company’s stock worth $25,000 after buying an additional 2,000 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of Under Armour by 2.1% during the 2nd quarter. Tidal Investments LLC now owns 110,954 shares of the company’s stock worth $720,000 after buying an additional 2,255 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Under Armour by 6.8% during the 2nd quarter. Osaic Holdings Inc. now owns 35,932 shares of the company’s stock worth $233,000 after buying an additional 2,295 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in Under Armour by 10.9% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 27,100 shares of the company’s stock valued at $130,000 after acquiring an additional 2,667 shares during the last quarter. Institutional investors own 36.35% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder V Prem Et Al Watsa purchased 739,521 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of $4.97 per share, with a total value of $3,675,419.37. Following the completion of the purchase, the insider owned 44,179,116 shares in the company, valued at approximately $219,570,206.52. This trade represents a 1.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have acquired 1,178,344 shares of company stock valued at $5,865,147 in the last ninety days. Company insiders own 15.60% of the company’s stock.

Under Armour Trading Down 2.8%

Shares of NYSE UA opened at $6.49 on Friday. The firm has a 50 day moving average price of $6.17 and a two-hundred day moving average price of $6.17. Under Armour, Inc. has a 52-week low of $3.95 and a 52-week high of $7.91. The stock has a market cap of $2.77 billion, a P/E ratio of -5.60 and a beta of 1.59. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.62.

Under Armour (NYSE:UA) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.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.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Under Armour in a research note on Friday, May 8th. Robert W. Baird set a $5.50 target price on shares of Under Armour in a research report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Sell” and an average target price of $5.50.

Under Armour Company Profile

Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company’s product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.

The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.