Insider Buying: Under Armour (NYSE:UAA) Major Shareholder Purchases $67,494,241.28 in Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa purchased 13,182,469 shares of the firm’s stock in a transaction on Tuesday, December 30th. The stock was acquired at an average cost of $5.12 per share, for a total transaction of $67,494,241.28. Following the completion of the purchase, the insider owned 41,958,923 shares in the company, valued at $214,829,685.76. The trade was a 45.81% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Large 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 Monday, December 29th, V Prem Et Al Watsa acquired 2,497,826 shares of Under Armour stock. The shares were bought 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 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 purchased 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 purchased 2,745,253 shares of Under Armour stock. The shares were bought at an average cost 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 bought at an average price of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Trading Up 6.3%

UAA stock opened at $5.29 on Monday. 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 company has a market cap of $2.27 billion, a price-to-earnings ratio of -25.17, a PEG ratio of 5.64 and a beta of 1.81. The business has a fifty day simple moving average of $4.56 and a 200-day simple moving average of $5.32. Under Armour, Inc. has a 52 week low of $4.13 and a 52 week high of $8.72.

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on UAA. Evercore ISI decreased their price objective on shares of Under Armour from $5.00 to $4.00 and set an “underperform” rating for the company in a research note on Friday, November 7th. William Blair raised Under Armour to a “hold” rating in a research report on Thursday, November 6th. BTIG Research began coverage on Under Armour in a research report on Tuesday, October 14th. They issued a “neutral” rating for the company. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $6.00 target price (down previously from $7.00) on shares of Under Armour in a research note on Monday, September 15th. Finally, Wall Street Zen downgraded Under Armour from a “hold” rating to a “sell” rating in a report on Sunday, December 21st. One analyst has 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 stock. According to MarketBeat.com, Under Armour has a consensus rating of “Hold” and an average target price of $6.43.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of UAA. Parallel Advisors LLC grew its stake in Under Armour by 620.7% during the 2nd quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after purchasing an additional 3,352 shares in the last quarter. Laurel Wealth Advisors LLC boosted its stake in shares of Under Armour by 583.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock valued at $28,000 after buying an additional 3,498 shares during the last quarter. UMB Bank n.a. grew its position in shares of Under Armour by 133.8% during the second quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock worth $29,000 after buying an additional 2,405 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Under Armour during the second quarter worth approximately $44,000. Finally, State of Wyoming bought a new stake in shares of Under Armour in the second quarter worth $44,000. Institutional investors and hedge funds 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.