V Prem Et Al Watsa Buys 411,057 Shares of Under Armour (NYSE:UAA) Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa purchased 411,057 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was acquired at an average cost of $6.15 per share, for a total transaction of $2,528,000.55. Following the completion of the purchase, the insider owned 18,475,679 shares of the company’s stock, valued at approximately $113,625,425.85. This represents a 2.28% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, January 26th, V Prem Et Al Watsa acquired 995,896 shares of Under Armour stock. The stock was acquired at an average price of $6.21 per share, with a total value 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 cost of $6.15 per share, for a total transaction of $5,709,641.55.
• On Wednesday, January 21st, V Prem Et Al Watsa bought 5,000,000 shares of Under Armour stock. The shares were bought at an average price of $5.89 per share, for a total transaction of $29,450,000.00.
• On Tuesday, January 20th, V Prem Et Al Watsa purchased 1,769,581 shares of Under Armour stock. The stock was bought at an average price of $5.62 per share, with a total value of $9,945,045.22.
• On Friday, January 16th, V Prem Et Al Watsa acquired 1,837,686 shares of Under Armour stock. The shares were bought at an average price of $5.60 per share, for a total transaction of $10,291,041.60.
• On Tuesday, December 30th, V Prem Et Al Watsa acquired 13,182,469 shares of Under Armour stock. The shares were bought at an average cost of $5.12 per share, for a total transaction 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 cost of $4.66 per share, with a total value 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 price of $4.58 per share, for a total transaction of $6,347,193.00.
• On Wednesday, December 24th, V Prem Et Al Watsa purchased 1,313,881 shares of Under Armour stock. The shares were purchased at an average cost of $4.55 per share, for a total transaction of $5,978,158.55.
• On Tuesday, December 23rd, V Prem Et Al Watsa acquired 2,745,253 shares of Under Armour stock. The shares were purchased at an average price of $4.51 per share, with a total value of $12,381,091.03.

Under Armour Price Performance

Shares of UAA stock opened at $6.34 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.10. The company has a market capitalization of $2.72 billion, a PE ratio of -30.17, a price-to-earnings-growth ratio of 6.44 and a beta of 1.81. The firm’s 50-day moving average is $5.01 and its two-hundred day moving average is $5.19. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $8.72.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter last year, the firm earned $0.39 EPS. The business’s revenue was down 4.7% compared to the same quarter last year. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UAA shares. Guggenheim upgraded Under Armour to a “strong-buy” rating in a report on Wednesday, December 10th. Truist Financial set a $6.00 target price on shares of Under Armour in a research note on Wednesday, January 14th. Evercore ISI dropped their price target on shares of Under Armour from $5.00 to $4.00 and set an “underperform” rating for the company in a research report on Friday, November 7th. UBS Group restated a “buy” rating on shares of Under Armour in a report on Friday, January 2nd. Finally, William Blair raised shares of Under Armour to a “hold” rating in a research report on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $6.44.

Institutional Investors Weigh In On Under Armour

A number of hedge funds have recently added to or reduced their stakes in UAA. Parallel Advisors LLC boosted its position in Under Armour by 620.7% in the 2nd quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after buying an additional 3,352 shares during the period. Laurel Wealth Advisors LLC raised its stake in shares of Under Armour by 583.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock valued at $28,000 after acquiring an additional 3,498 shares in the last quarter. UMB Bank n.a. boosted its holdings in Under Armour by 133.8% in the second quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after purchasing an additional 2,405 shares during the period. Uhlmann Price Securities LLC acquired a new position in Under Armour during the 3rd quarter worth $46,000. Finally, State of Wyoming purchased a new stake in Under Armour during the 2nd quarter worth about $44,000. 34.58% of the stock is currently owned by institutional investors and hedge funds.

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.