Under Armour Inc. (UA) has been a leader in the performance apparel space since its launch in 1996. The Baltimore-based company made a splash wi🐈th its lines of sportswear and accessories created from synthetic microfibers that help regulate body temperature and improve athletic performance.

The top shareholders of Under Armour are Kevin Plank, David Bergman, Douglas Coltharp, BDT Cap💮ital Partners, Vanguard,ꦚ and BlackRock.

Under Armour has struggled to compete with Amazon and other online retailers. The company experienced disappointing earnings in 2018 and Ryan Kuehl, senior vice president of global sports, and Walker Jones, senior director of sports marketing, were both let go. This reportedly occurred after an internal review of their team.

Under Armour remains a 澳洲幸运5官方开奖结果体彩网:powerful player in the athletic apparel market despite its hiccups. Its trailing 12-month (TTM) revenue was $5.7 billion in August 2024 and its TTM net income was $232 million. Under Armour's 澳洲幸运5官方开奖结果体彩网:market cap was about $2.77 billion at that time.

Top 3 Individual Insider Shareholders

This list of top individual shareholders reflects only direct ownership. It doesn't include indirect ownership of shares or shares that are accessible through stock options.

Kevin A. Plank

Kevin Plank owned 19,161,800 shares of Under Armour as of August 2024.

Plank is credited with founding Under Armour. He returned to his position as chief executive officer of Under Armour in April 2024, replacing Stephanie Linnartz as the company struggled. The event marked Under Armour's fourth CEO change in four years.

David E. Bergman

David Bergman owned 524,210 shares of Under Armour as of August 2024.

Bergman has worked in various financing and accounting roles from senior vice president of corporate finance to vice president of finance and corporate controller since joining Under Armour in 2004. He's served as chief financial officer since February 2017. Bergman worked as a C.P.A. with Ernst & Young LLP and Arthur Andersen LLP before moving on to Under Armour.

Douglas E. Coltharp

Douglas Coltharp owned 326,338 shares of Under Armour as of August 2024.

Coltharp has been an independent director of Under Armour since 2004. He also served as a partner at Arlington Capital Advisors and Arl༒ington Investment Partner, a financial advisor and private equity business in Alabama, from May 2007 through May 2010. He was the Executive Vice President and Chief Financial Officer of Saks Incorporated before that time.

Coltharp is the Executive VP and CFO of Encompass Health Corporation.

Top 3 Institutional Shareholders

Institutional investors hold the majority of Under Armour's shares at 76.11% of total shares outstanding as of August 2024.

BDT Capital Partners, LLC

BDT Capital Partners, LLC owned 52.95 million shares of Under Armour representing 24.83% of the total shares outstanding as of August 2024.

BDT Capital Partners is a private equity firm. It's based in Chicago but serves clients worldwide. Its ongoing goal is to assist long-term investors and family- and founder-led businesses with capital and advisory guidance. BDT joined with MSD Partners, LP in October 2022.

Vanguard Group Inc

Vanguard Group Inc. held 19.67 million shares of Under Armour representing 9.22% of the total shares outstanding as of August 2024.

The company is primarily a 澳洲幸运5官方开奖结果体彩网:mutual fund and ETF management company with about $8 trillion in global assets under management (AUM). The Vanguard Dividend Appreciation ETF (VIG) t🍃racks a market-ca🔴p-weighted index of U.S. companies that have increased their annual dividends for at least 10 consecutive years.

BlackRock Inc

BlackRock, Inc. owns 16.97 million shares of Under Armour representing 7.96% of the total shares outstanding as of August 2024.

The company is primarily a mutual fund and ETF management company with approximately $9.09 trillion in global AUM.

The Bottom Line

Under Armour is renowned for iꦫts sportswear and performance accessories made from synthetic microfibers. The company got off to a solid start but soon found itself struggling against Amazon and other online retailers. Earnings were particularly shaky in 2018 but Under Armour has been rebounding. Its market cap was about $2.77 billion in August 20🦋24.

The company’s t𝓰op shareholders are Kevin Plank, David Bergman, Douglas Coltharp, BDT Capital Partners, Vanguard, and BlackRock.