V Prem Et Al Watsa Acquires 1,528,986 Shares of Under Armour (NYSE:UAA) Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa bought 1,528,986 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The stock was purchased at an average price of $6.24 per share, with a total value of $9,540,872.64. Following the completion of the purchase, the insider owned 42,911,086 shares in the company, 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 document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s shares 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 28th, V Prem Et Al Watsa acquired 1,112,119 shares of Under Armour stock. The stock was purchased 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 bought 995,896 shares of Under Armour stock. The shares were 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 price of $6.15 per share, with a total value of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa purchased 411,057 shares of Under Armour stock. The stock was bought at an average cost of $6.15 per share, with a total value of $2,528,000.55.
• 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 bought 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 Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The shares were bought 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 purchased 13,182,469 shares of Under Armour stock. The stock was 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 acquired 2,497,826 shares of Under Armour stock. The stock was purchased 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 bought 1,385,850 shares of Under Armour stock. The shares were purchased at an average cost of $4.58 per share, with a total value of $6,347,193.00.

Under Armour Price Performance

Shares of NYSE UAA traded down $0.02 during midday trading on Thursday, hitting $6.06. The stock had a trading volume of 9,653,821 shares, compared to its average volume of 13,363,043. The company has a quick ratio of 1.10, a current ratio of 1.69 and a debt-to-equity ratio of 0.32. The stock has a 50 day simple moving average of $5.05 and a 200-day simple moving average of $5.20. The company has a market capitalization of $2.60 billion, a PE ratio of -28.83, a P/E/G ratio of 6.45 and a beta of 1.81. Under Armour, Inc. has a 1 year low of $4.13 and a 1 year high of $8.72.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the company earned $0.39 EPS. The firm’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. On average, sell-side analysts expect that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. UBS Group reissued a “buy” rating on shares of Under Armour in a research note on Friday, January 2nd. Zacks Research upgraded Under Armour from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 6th. Telsey Advisory Group set a $5.00 target price on Under Armour in a report on Friday, November 14th. Truist Financial set a $6.00 price target on Under Armour in a report on Wednesday, January 14th. Finally, Evercore ISI dropped their price objective on shares of Under Armour from $5.00 to $4.00 and set an “underperform” rating for the company in a report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $6.44.

Institutional Investors Weigh In On Under Armour

Several institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC raised its holdings in Under Armour by 395.3% in the third quarter. SG Americas Securities LLC now owns 747,130 shares of the company’s stock valued at $3,728,000 after acquiring an additional 596,294 shares in the last quarter. Vontobel Holding Ltd. increased its position in shares of Under Armour by 363.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 416,376 shares of the company’s stock valued at $2,078,000 after purchasing an additional 326,451 shares during the last quarter. American Century Companies Inc. increased its position in shares of Under Armour by 9.2% in the 2nd quarter. American Century Companies Inc. now owns 5,970,726 shares of the company’s stock valued at $40,780,000 after purchasing an additional 504,912 shares during the last quarter. Jump Financial LLC raised its holdings in shares of Under Armour by 616.4% in the 2nd quarter. Jump Financial LLC now owns 1,184,992 shares of the company’s stock valued at $8,093,000 after purchasing an additional 1,019,578 shares in the last quarter. Finally, Texas Permanent School Fund Corp lifted its position in shares of Under Armour by 284.0% during the 2nd quarter. Texas Permanent School Fund Corp now owns 351,173 shares of the company’s stock worth $2,399,000 after purchasing an additional 259,727 shares during the last quarter. Hedge funds and other 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.