Leonteq Securities AG Makes New $676,000 Investment in Under Armour, Inc. $UAA

Leonteq Securities AG acquired a new position in Under Armour, Inc. (NYSE:UAA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 136,103 shares of the company’s stock, valued at approximately $676,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State of Wyoming purchased a new stake in Under Armour in the second quarter worth about $44,000. Uhlmann Price Securities LLC purchased a new stake in Under Armour in the third quarter worth about $46,000. LRI Investments LLC purchased a new stake in Under Armour in the third quarter worth about $50,000. Portside Wealth Group LLC purchased a new stake in Under Armour in the fourth quarter worth about $52,000. Finally, Childress Capital Advisors LLC bought a new position in shares of Under Armour in the fourth quarter worth approximately $64,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on UAA shares. Truist Financial dropped their target price on shares of Under Armour from $8.00 to $5.00 and set a “hold” rating on the stock in a research note on Wednesday, May 13th. Citigroup reiterated a “sell” rating and issued a $4.75 target price (down from $6.20) on shares of Under Armour in a research note on Wednesday, May 13th. UBS Group reiterated a “buy” rating and issued a $10.00 target price (down from $11.00) on shares of Under Armour in a research note on Thursday, May 14th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $6.00 target price on shares of Under Armour in a research note on Wednesday, May 13th. Finally, Wall Street Zen downgraded shares of Under Armour from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $5.91.

Insiders Place Their Bets

In related news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $4.97 per share, for a total transaction of $3,675,419.37. Following the completion of the transaction, the insider directly owned 44,179,116 shares in the company, valued at approximately $219,570,206.52. This trade represents a 1.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have purchased a total of 1,178,344 shares of company stock worth $5,865,147 in the last 90 days. 15.60% of the stock is owned by corporate insiders.

Under Armour Trading Up 3.9%

Shares of NYSE UAA opened at $5.53 on Friday. The firm’s 50 day moving average price is $5.99 and its 200-day moving average price is $5.75. The company has a market cap of $2.35 billion, a PE ratio of -4.76, a P/E/G ratio of 1.69 and a beta of 1.73. Under Armour, Inc. has a 52-week low of $4.13 and a 52-week high of $8.15. 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:UAA) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.03). The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.08) earnings per share. 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. On average, equities research analysts expect that Under Armour, Inc. will post 0.12 EPS for the current fiscal 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.