Insider Buying: Under Armour (NYSE:UA) Major Shareholder Acquires $6,184,514.16 in Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa bought 995,896 shares of the business’s stock in a transaction on Monday, January 26th. The stock was bought at an average cost of $6.21 per share, with a total value of $6,184,514.16. Following the completion of the purchase, the insider directly owned 42,224,581 shares in the company, valued at approximately $262,214,648.01. The trade was a 2.42% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more 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 Friday, January 23rd, V Prem Et Al Watsa purchased 928,397 shares of Under Armour stock. The shares were purchased at an average cost of $6.15 per share, for a total transaction of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa acquired 411,057 shares of Under Armour stock. The shares were purchased 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 bought 1,837,686 shares of Under Armour stock. The shares were purchased at an average cost of $5.60 per share, for a total transaction of $10,291,041.60.
• On Wednesday, January 21st, V Prem Et Al Watsa bought 5,000,000 shares of Under Armour stock. The stock was purchased 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 purchased at an average cost of $5.62 per share, with a total value of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock. The shares were purchased 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 acquired 2,497,826 shares of Under Armour stock. The stock was acquired 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 acquired 1,385,850 shares of Under Armour stock. The stock was acquired 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 bought 1,313,881 shares of Under Armour stock. The shares were acquired 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 stock was acquired at an average price of $4.51 per share, for a total transaction of $12,381,091.03.

Under Armour Stock Performance

NYSE UA opened at $5.98 on Thursday. The stock has a market cap of $2.56 billion, a PE ratio of -28.46 and a beta of 1.73. The company has a current ratio of 1.69, a quick ratio of 1.10 and a debt-to-equity ratio of 0.32. Under Armour, Inc. has a twelve month low of $3.95 and a twelve month high of $7.85. The stock has a fifty day simple moving average of $4.86 and a 200-day simple moving average of $5.01.

Under Armour (NYSE:UA) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. The firm 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%. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Under Armour in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new stake in Under Armour during the 2nd quarter worth approximately $18,920,000. BDT Capital Partners LLC grew its stake in shares of Under Armour by 4.9% in the second quarter. BDT Capital Partners LLC now owns 62,463,879 shares of the company’s stock worth $405,391,000 after acquiring an additional 2,898,561 shares in the last quarter. Millennium Management LLC increased its position in shares of Under Armour by 153.7% during the third quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock worth $11,336,000 after acquiring an additional 1,421,981 shares during the period. Corient Private Wealth LLC raised its stake in shares of Under Armour by 99.8% in the second quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company’s stock valued at $13,018,000 after acquiring an additional 1,002,037 shares in the last quarter. Finally, Quinn Opportunity Partners LLC raised its stake in shares of Under Armour by 1,100.0% in the third quarter. Quinn Opportunity Partners LLC now owns 720,000 shares of the company’s stock valued at $3,478,000 after acquiring an additional 660,000 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

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.