Recent Analysts’ Ratings Updates for Under Armour (UAA)

Under Armour (NYSE: UAA) recently received a number of ratings updates from brokerages and research firms:

• 12/16/2024 – Under Armour had its price target lowered by analysts at Barclays PLC from $12.00 to $11.00. They now have an “equal weight” rating on the stock.
• 12/13/2024 – Under Armour had its “underweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $4.00 price target on the stock.
• 12/13/2024 – Under Armour had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $10.00 price target on the stock.
• 12/13/2024 – Under Armour had its price target raised by analysts at TD Cowen from $10.00 to $11.00. They now have a “hold” rating on the stock.
• 12/13/2024 – Under Armour had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 11/22/2024 – Under Armour had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 11/11/2024 – Under Armour had its price target raised by analysts at Barclays PLC from $8.00 to $12.00. They now have an “equal weight” rating on the stock.
• 11/8/2024 – Under Armour had its price target raised by analysts at Robert W. Baird from $8.00 to $10.00. They now have a “neutral” rating on the stock.
• 11/8/2024 – Under Armour had its price target raised by analysts at Truist Financial Co. from $8.00 to $11.00. They now have a “hold” rating on the stock.
• 11/8/2024 – Under Armour had its price target raised by analysts at Wells Fargo & Company from $8.00 to $11.00. They now have an “equal weight” rating on the stock.
• 11/8/2024 – Under Armour had its price target raised by analysts at UBS Group AG from $12.00 to $16.00. They now have a “buy” rating on the stock.
• 11/4/2024 – Under Armour had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $8.00 price target on the stock.
• 11/4/2024 – Under Armour had its price target raised by analysts at TD Cowen from $7.00 to $8.00. They now have a “hold” rating on the stock.

Under Armour Price Performance

Shares of NYSE UAA traded up $0.07 during mid-day trading on Thursday, reaching $8.49. The company had a trading volume of 3,006,962 shares, compared to its average volume of 10,138,438. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of -282.91 and a beta of 1.69. The business’s 50-day simple moving average is $9.32 and its 200 day simple moving average is $8.13. Under Armour, Inc. has a one year low of $6.17 and a one year high of $11.89. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.18.

Insider Buying and Selling at Under Armour

In other Under Armour news, insider Mehri Shadman sold 17,240 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $8.76, for a total transaction of $151,022.40. Following the sale, the insider now owns 182,538 shares of the company’s stock, valued at approximately $1,599,032.88. The trade was a 8.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO David Bergman sold 30,000 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $9.09, for a total value of $272,700.00. Following the completion of the transaction, the chief financial officer now owns 494,210 shares of the company’s stock, valued at $4,492,368.90. The trade was a 5.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 56,879 shares of company stock worth $508,642 over the last three months. Corporate insiders own 15.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in UAA. Nomura Asset Management Co. Ltd. raised its position in Under Armour by 163.6% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company’s stock worth $26,000 after purchasing an additional 1,800 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Under Armour during the third quarter worth about $56,000. CWM LLC lifted its stake in shares of Under Armour by 20.7% in the third quarter. CWM LLC now owns 8,211 shares of the company’s stock worth $73,000 after acquiring an additional 1,409 shares during the period. City State Bank boosted its holdings in Under Armour by 292.6% in the third quarter. City State Bank now owns 10,063 shares of the company’s stock valued at $90,000 after acquiring an additional 7,500 shares during the last quarter. Finally, Baker Avenue Asset Management LP acquired a new stake in Under Armour during the 3rd quarter valued at approximately $92,000. Institutional investors own 34.58% of the company’s stock.

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.