Under Armour (NYSE:UA) Major Shareholder Buys $9,540,872.64 in Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa bought 1,528,986 shares of the company’s stock in a transaction on Tuesday, January 27th. The shares were acquired at an average price of $6.24 per share, with a total value of $9,540,872.64. Following the transaction, the insider directly owned 42,911,086 shares of the company’s stock, valued at approximately $267,765,176.64. This trade represents a 3.69% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

V Prem Et Al Watsa also recently made the following trade(s):

• On Wednesday, January 28th, V Prem Et Al Watsa purchased 1,112,119 shares of Under Armour stock. The shares were acquired at an average cost of $6.21 per share, with a total value of $6,906,258.99.
• On Monday, January 26th, V Prem Et Al Watsa acquired 995,896 shares of Under Armour stock. The stock was acquired at an average cost of $6.21 per share, for a total transaction of $6,184,514.16.
• On Friday, January 23rd, V Prem Et Al Watsa bought 928,397 shares of Under Armour stock. The stock was acquired at an average price of $6.15 per share, for a total transaction of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa bought 411,057 shares of Under Armour stock. The shares were acquired at an average price of $6.15 per share, with a total value of $2,528,000.55.
• On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The stock was bought at an average price of $5.60 per share, for a total transaction of $10,291,041.60.
• On Wednesday, January 21st, V Prem Et Al Watsa purchased 5,000,000 shares of Under Armour stock. The stock was bought at an average cost of $5.89 per share, for a total transaction of $29,450,000.00.
• On Tuesday, January 20th, V Prem Et Al Watsa acquired 1,769,581 shares of Under Armour stock. The shares were bought at an average price of $5.62 per share, with a total value of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa acquired 13,182,469 shares of Under Armour stock. The stock was bought at an average cost of $5.12 per share, with a total value of $67,494,241.28.
• On Monday, December 29th, V Prem Et Al Watsa bought 2,497,826 shares of Under Armour stock. The stock was bought at an average price of $4.66 per share, for a total transaction of $11,639,869.16.
• On Friday, December 26th, V Prem Et Al Watsa purchased 1,385,850 shares of Under Armour stock. The shares were bought at an average cost of $4.58 per share, with a total value of $6,347,193.00.

Under Armour Stock Up 2.5%

Shares of NYSE UA opened at $6.08 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.10 and a current ratio of 1.69. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of -28.95 and a beta of 1.73. The stock has a 50 day moving average price of $4.94 and a 200 day moving average price of $5.00. Under Armour, Inc. has a 52-week low of $3.95 and a 52-week high of $7.76.

Under Armour (NYSE:UA) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.02 by $0.02. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Hedge Funds Weigh In On Under Armour

Several institutional investors and hedge funds have recently added to or reduced their stakes in UA. BDT Capital Partners LLC boosted its holdings in shares of Under Armour by 4.1% in the 3rd quarter. BDT Capital Partners LLC now owns 65,050,733 shares of the company’s stock valued at $314,195,000 after buying an additional 2,586,854 shares in the last quarter. Vanguard Group Inc. lifted its position in Under Armour by 5.6% during the fourth quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company’s stock valued at $75,502,000 after acquiring an additional 831,186 shares during the last quarter. American Century Companies Inc. lifted its position in Under Armour by 12.0% during the second quarter. American Century Companies Inc. now owns 3,508,113 shares of the company’s stock valued at $22,768,000 after acquiring an additional 375,548 shares during the last quarter. Norges Bank acquired a new stake in Under Armour in the second quarter valued at approximately $18,920,000. Finally, Millennium Management LLC grew its holdings in Under Armour by 153.7% in the third quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock worth $11,336,000 after purchasing an additional 1,421,981 shares during the last quarter. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Under Armour in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

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.