Intech Investment Management LLC Purchases 371,166 Shares of Under Armour, Inc. $UAA

Intech Investment Management LLC raised its position in Under Armour, Inc. (NYSE:UAA) by 133.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 648,896 shares of the company’s stock after purchasing an additional 371,166 shares during the quarter. Intech Investment Management LLC owned 0.15% of Under Armour worth $3,238,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC increased its stake in shares of Under Armour by 583.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock valued at $28,000 after buying an additional 3,498 shares during the period. Uhlmann Price Securities LLC bought a new stake in Under Armour during the 3rd quarter worth approximately $46,000. State of Wyoming acquired a new position in Under Armour in the 2nd quarter valued at approximately $44,000. Neo Ivy Capital Management bought a new position in shares of Under Armour during the second quarter valued at $44,000. Finally, LRI Investments LLC acquired a new position in shares of Under Armour during the third quarter worth $50,000. 34.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UAA has been the subject of a number of recent research reports. Truist Financial set a $6.00 price objective on Under Armour in a report on Wednesday, January 14th. Guggenheim raised Under Armour to a “strong-buy” rating in a research note on Wednesday, December 10th. Barclays set a $8.00 price objective on Under Armour and gave the stock an “equal weight” rating in a research report on Monday, February 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a report on Monday, December 29th. Finally, Robert W. Baird set a $8.00 price target on shares of Under Armour in a report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, fifteen have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $6.94.

Insider Activity at Under Armour

In other news, major shareholder V Prem Et Al Watsa bought 1,112,119 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The stock was acquired at an average cost of $6.21 per share, with a total value of $6,906,258.99. Following the transaction, the insider directly owned 43,000,872 shares of the company’s stock, valued at approximately $267,035,415.12. This represents a 2.65% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders bought 42,448,155 shares of company stock valued at $219,067,338. Company insiders own 15.60% of the company’s stock.

Under Armour Stock Performance

NYSE:UAA opened at $7.21 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. Under Armour, Inc. has a twelve month low of $4.13 and a twelve month high of $8.15. The company has a fifty day moving average of $6.30 and a 200-day moving average of $5.30. The firm has a market capitalization of $3.07 billion, a P/E ratio of -5.91, a P/E/G ratio of 5.51 and a beta of 1.76.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Friday, February 6th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.11. Under Armour had a negative net margin of 10.44% and a positive return on equity of 1.48%. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the company posted $0.08 earnings per share. The business’s quarterly revenue was down 5.2% on a year-over-year basis. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS. As a group, sell-side analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current year.

About Under Armour

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.