Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Purchases 1,837,686 Shares of Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa bought 1,837,686 shares of Under Armour stock in a transaction on Friday, January 16th. The shares were acquired at an average price of $5.60 per share, for a total transaction of $10,291,041.60. Following the completion of the acquisition, the insider owned 11,295,041 shares in the company, valued at $63,252,229.60. This represents a 19.43% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 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 Wednesday, January 21st, V Prem Et Al Watsa acquired 5,000,000 shares of Under Armour stock. The shares were 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 stock was bought at an average price of $5.62 per share, for a total transaction of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa bought 13,182,469 shares of Under Armour stock. The stock was bought at an average price of $5.12 per share, with a total value of $67,494,241.28.
• On Monday, December 29th, V Prem Et Al Watsa purchased 2,497,826 shares of Under Armour stock. The stock was bought at an average cost of $4.66 per share, for a total transaction of $11,639,869.16.
• On Friday, December 26th, V Prem Et Al Watsa acquired 1,385,850 shares of Under Armour stock. The stock was bought at an average price of $4.58 per share, with a total value of $6,347,193.00.
• On Wednesday, December 24th, V Prem Et Al Watsa acquired 1,313,881 shares of Under Armour stock. The shares were bought at an average cost of $4.55 per share, with a total value of $5,978,158.55.
• On Tuesday, December 23rd, V Prem Et Al Watsa bought 2,745,253 shares of Under Armour stock. The shares were purchased at an average price of $4.51 per share, for a total transaction of $12,381,091.03.
• On Monday, December 22nd, V Prem Et Al Watsa purchased 7,739,154 shares of Under Armour stock. The stock was acquired at an average price of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Stock Up 7.7%

Shares of NYSE:UAA traded up $0.44 during trading on Wednesday, hitting $6.18. 17,171,684 shares of the company were exchanged, compared to its average volume of 11,850,109. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.10. Under Armour, Inc. has a 12-month low of $4.13 and a 12-month high of $8.72. The stock has a market capitalization of $2.65 billion, a P/E ratio of -29.43, a PEG ratio of 6.12 and a beta of 1.81. The firm’s 50 day moving average price is $4.86 and its 200-day moving average price is $5.22.

Under Armour (NYSE:UAA) last announced its 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. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period last year, the firm posted $0.39 earnings per share. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, research analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

UAA has been the topic of several recent research reports. Truist Financial set a $6.00 price target on shares of Under Armour in a report on Wednesday, January 14th. Evercore ISI decreased their price target on shares of Under Armour from $5.00 to $4.00 and set an “underperform” rating on the stock in a report on Friday, November 7th. Zacks Research upgraded Under Armour from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. William Blair raised Under Armour to a “hold” rating in a research report on Thursday, November 6th. Finally, Citigroup dropped their price target on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $6.37.

Hedge Funds Weigh In On Under Armour

A number of large investors have recently bought and sold shares of UAA. UMB Bank n.a. lifted its holdings in shares of Under Armour by 133.8% in the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock worth $29,000 after purchasing an additional 2,405 shares during the last quarter. Panagora Asset Management Inc. lifted its stake in Under Armour by 11.3% in the second quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company’s stock valued at $164,000 after buying an additional 2,440 shares during the last quarter. HUB Investment Partners LLC boosted its holdings in shares of Under Armour by 12.9% during the second quarter. HUB Investment Partners LLC now owns 21,810 shares of the company’s stock valued at $149,000 after acquiring an additional 2,489 shares during the period. M&T Bank Corp boosted its holdings in shares of Under Armour by 23.2% during the second quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock valued at $91,000 after acquiring an additional 2,504 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey increased its holdings in shares of Under Armour by 4.5% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 71,967 shares of the company’s stock worth $492,000 after acquiring an additional 3,094 shares during the period. Institutional investors own 34.58% of the company’s stock.

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.