Under Armour Class CUA
Market Cap: $3.24B
About: Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and elsewhere. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through direct-to-consumer, including e-commerce and more than 400 combined factory house and brand house stores, and wholesale channels. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996 and is led by controlling shareholder Kevin Plank.
Employees: 15,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
120% more call options, than puts
Call options by funds: $4.67M | Put options by funds: $2.12M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
0.53% more ownership
Funds ownership: 74.76% [Q1] → 75.3% (+0.53%) [Q2]
7% less capital invested
Capital invested by funds: $1.13B [Q1] → $1.05B (-$83.6M) [Q2]
9% less funds holding
Funds holding: 336 [Q1] → 305 (-31) [Q2]
35% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 107
55% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 56
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Stifel Jim Duffy 67% 1-year accuracy 26 / 39 met price target | 20%upside $9 | Buy Maintained | 24 Jun 2024 |
Financial journalist opinion
Based on 3 articles about UA published over the past 30 days