Wall Street Zen cut shares of Under Armour (NYSE:UAA – Free Report) from a hold rating to a sell rating in a research note released on Saturday morning.
UAA has been the subject of several other research reports. Zacks Research cut Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. BNP Paribas Exane cut their price target on Under Armour from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Wednesday. Robert W. Baird set a $8.00 price objective on Under Armour in a report on Monday, February 9th. Telsey Advisory Group dropped their price objective on Under Armour from $6.00 to $5.50 and set a “market perform” rating on the stock in a report on Wednesday. Finally, Argus raised Under Armour to a “hold” rating in a report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Under Armour has an average rating of “Reduce” and an average target price of $5.91.
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Under Armour Price Performance
Under Armour (NYSE:UAA – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the business earned ($0.08) earnings per share. The company’s quarterly revenue was down .8% compared to the same quarter last year. 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. Equities analysts predict that Under Armour will post 0.11 earnings per share for the current year.
Insiders Place Their Bets
In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average price of $4.97 per share, with a total value 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 approximately $219,570,206.52. The trade was a 1.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders acquired a total of 1,178,344 shares of company stock worth $5,865,147 over the last quarter. Corporate insiders own 15.60% of the company’s stock.
Institutional Trading of Under Armour
Large investors have recently bought and sold shares of the company. Blair William & Co. IL grew its holdings in Under Armour by 40.0% in 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 last quarter. Hantz Financial Services Inc. increased its holdings in Under Armour by 202.7% during the 4th quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock valued at $42,000 after acquiring an additional 5,662 shares in the last quarter. State of Wyoming purchased a new position in Under Armour during the 2nd quarter valued at about $44,000. Uhlmann Price Securities LLC purchased a new position in Under Armour during the 3rd quarter valued at about $46,000. Finally, LRI Investments LLC purchased a new position in Under Armour during the 3rd quarter valued at about $50,000. Institutional investors and hedge funds own 34.58% of the company’s stock.
Under Armour News Summary
Here are the key news stories impacting Under Armour this week:
- Positive Sentiment: Major shareholder V Prem Et Al Watsa bought a large block of Under Armour shares in multiple SEC-disclosed transactions, including 739,521 shares at about $4.97 and 438,723 shares at $4.99. Heavy insider buying can be a bullish signal that a key shareholder sees value at current levels. Article Title
- Neutral Sentiment: Truist Financial kept a Hold rating on Under Armour, and Telsey Advisory Group assigned a $5.50 price target with a Market Perform view, suggesting analysts see limited near-term upside but not a collapse. Article Title
- Neutral Sentiment: Truist also set a new $5.00 price target, while BNP Paribas Exane cut its target to $5.00. These updates reinforce the view that Wall Street expects the stock to remain range-bound unless fundamentals improve. Article Title
- Negative Sentiment: Zacks Research downgraded Under Armour from Strong Buy to Hold, adding to the negative analyst sentiment after recent commentary pointed to slowing sales and tougher retail conditions. Article Title
- Negative Sentiment: Articles highlighting weaker growth trends and pressure from a shifting retail market are feeding concerns that Under Armour’s turnaround may take longer than investors want, which is weighing on the stock. Article Title
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.
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