Under Armour, Inc. $UA Position Raised by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC boosted its position in Under Armour, Inc. (NYSE:UA) by 1,100.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 720,000 shares of the company’s stock after purchasing an additional 660,000 shares during the period. Quinn Opportunity Partners LLC’s holdings in Under Armour were worth $3,478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UA. Laurel Wealth Advisors LLC increased its position in shares of Under Armour by 549.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,920 shares of the company’s stock valued at $25,000 after purchasing an additional 3,316 shares during the period. AlphaCore Capital LLC acquired a new stake in shares of Under Armour in the third quarter valued at $41,000. First Business Financial Services Inc. acquired a new stake in shares of Under Armour in the third quarter valued at $48,000. Cerity Partners LLC bought a new position in Under Armour during the second quarter valued at about $65,000. Finally, Sugar Maple Asset Management LLC acquired a new position in Under Armour during the second quarter worth about $68,000. 36.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Citigroup cut shares of Under Armour from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 10th. Weiss Ratings restated a “sell (e+)” rating on shares of Under Armour in a research report on Monday, December 29th. Finally, Zacks Research raised shares of Under Armour to a “hold” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Under Armour has a consensus rating of “Sell”.

Under Armour Stock Performance

Shares of UA stock opened at $6.27 on Friday. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of -5.14 and a beta of 1.68. Under Armour, Inc. has a 1-year low of $3.95 and a 1-year high of $7.91. The company has a current ratio of 1.43, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $6.44 and its 200-day simple moving average is $5.22.

Under Armour (NYSE:UA) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.11. Under Armour had a positive return on equity of 1.48% and a negative net margin of 10.44%.The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.16 billion. Under Armour has set its FY 2026 guidance at 0.10-0.110 EPS.

Insider Buying and Selling at Under Armour

In related news, major shareholder V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock in a transaction dated Tuesday, December 30th. The stock was acquired at an average cost of $5.12 per share, with a total value of $67,494,241.28. Following the completion of the transaction, the insider directly owned 41,958,923 shares of the company’s stock, valued at $214,829,685.76. This trade represents a 45.81% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders bought 42,448,155 shares of company stock valued at $219,067,338. 15.60% of the stock is owned by corporate insiders.

About Under Armour

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.