SG Americas Securities LLC Buys New Holdings in Under Armour, Inc. $UA

SG Americas Securities LLC purchased a new position in Under Armour, Inc. (NYSE:UA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 317,230 shares of the company’s stock, valued at approximately $1,532,000. SG Americas Securities LLC owned about 0.07% of Under Armour as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Alpha Wealth Funds LLC acquired a new position in shares of Under Armour during the third quarter worth $111,000. Oak Thistle LLC acquired a new stake in Under Armour in the third quarter valued at $421,000. Osaic Holdings Inc. lifted its holdings in 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. Marex Group plc acquired a new position in shares of Under Armour during the 2nd quarter worth about $130,000. Finally, CANADA LIFE ASSURANCE Co increased its holdings in shares of Under Armour by 16.4% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 87,395 shares of the company’s stock valued at $566,000 after acquiring an additional 12,338 shares during the last quarter. 36.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Under Armour

In other Under Armour news, major shareholder V Prem Et Al Watsa bought 13,182,469 shares of the stock in a transaction dated Tuesday, December 30th. The shares were acquired at an average cost of $5.12 per share, for a total transaction of $67,494,241.28. Following the completion of the transaction, the insider owned 41,958,923 shares in the company, valued at approximately $214,829,685.76. The trade was a 45.81% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders purchased 28,864,433 shares of company stock valued at $138,511,963 over the last three months. 15.60% of the stock is currently owned by corporate insiders.

Under Armour Stock Performance

Shares of UA stock opened at $5.57 on Friday. The stock’s 50-day moving average is $4.56 and its two-hundred day moving average is $5.06. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.10 and a current ratio of 1.69. Under Armour, Inc. has a 1 year low of $3.95 and a 1 year high of $7.85. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of -26.50 and a beta of 1.73.

Under Armour (NYSE:UA) last announced 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. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Under Armour in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Under Armour 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.