Insider Buying: Under Armour (NYSE:UAA) Major Shareholder Purchases $2,528,000.55 in Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa bought 411,057 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The stock was purchased at an average cost of $6.15 per share, with a total value of $2,528,000.55. Following the acquisition, the insider directly owned 18,475,679 shares in the company, valued at $113,625,425.85. This trade represents a 2.28% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own at least 10% 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 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, for a total transaction of $6,184,514.16.
• On Friday, January 23rd, V Prem Et Al Watsa acquired 928,397 shares of Under Armour stock. The stock was acquired at an average cost of $6.15 per share, with a total value 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 acquired 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 purchased 1,769,581 shares of Under Armour stock. The stock was acquired at an average cost of $5.62 per share, for a total transaction of $9,945,045.22.
• On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The stock was acquired at an average price of $5.60 per share, with a total value 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 price 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, for a total transaction of $11,639,869.16.
• On Friday, December 26th, V Prem Et Al Watsa bought 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.
• On Wednesday, December 24th, V Prem Et Al Watsa purchased 1,313,881 shares of Under Armour stock. The stock was bought at an average price 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 bought at an average cost of $4.51 per share, with a total value of $12,381,091.03.

Under Armour Price Performance

Shares of UAA stock traded down $0.03 during trading hours on Monday, hitting $6.32. The stock had a trading volume of 9,416,433 shares, compared to its average volume of 13,761,448. 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 stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of -30.11, a PEG ratio of 6.61 and a beta of 1.81. Under Armour, Inc. has a one year low of $4.13 and a one year high of $8.72. The stock’s 50-day moving average price is $4.97 and its two-hundred day moving average price is $5.20.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. 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 during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the prior year, the company earned $0.39 earnings per share. The firm’s revenue was down 4.7% on a year-over-year basis. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Equities analysts forecast that Under Armour, Inc. will post 0.3 EPS for the current year.

Institutional Trading of Under Armour

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada grew its holdings in shares of Under Armour by 5.3% in the first quarter. Royal Bank of Canada now owns 1,158,649 shares of the company’s stock worth $7,242,000 after purchasing an additional 58,701 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Under Armour by 33.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 328,746 shares of the company’s stock valued at $2,055,000 after buying an additional 81,732 shares during the period. United Services Automobile Association bought a new position in Under Armour in the 1st quarter worth about $83,000. Parallel Advisors LLC increased its position in shares of Under Armour by 620.7% during the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock worth $27,000 after acquiring an additional 3,352 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Under Armour by 453.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 98,952 shares of the company’s stock worth $704,000 after acquiring an additional 81,067 shares during the period. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Zacks Research upgraded shares of Under Armour from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 6th. Truist Financial set a $6.00 price target on shares of Under Armour in a report on Wednesday, January 14th. Telsey Advisory Group set a $5.00 price objective on Under Armour in a research note on Friday, November 14th. William Blair raised Under Armour to a “hold” rating in a research note on Thursday, November 6th. Finally, Guggenheim raised Under Armour to a “strong-buy” rating in a research report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $6.44.

Under Armour Company Profile

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.