Under Armour (NYSE:UA) Major Shareholder Acquires $2,528,000.55 in Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa purchased 411,057 shares of the stock in a transaction that occurred on Thursday, January 22nd. The stock was acquired at an average cost of $6.15 per share, with a total value of $2,528,000.55. Following the acquisition, the insider owned 18,475,679 shares in the company, valued at $113,625,425.85. The trade was a 2.28% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% 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, January 26th, V Prem Et Al Watsa acquired 995,896 shares of Under Armour stock. The shares were bought at an average cost 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 bought at an average cost of $6.15 per share, with a total value of $5,709,641.55.
• On Friday, January 16th, V Prem Et Al Watsa bought 1,837,686 shares of Under Armour stock. The stock was bought at an average price of $5.60 per share, with a total value of $10,291,041.60.
• On Wednesday, January 21st, V Prem Et Al Watsa bought 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 purchased 1,769,581 shares of Under Armour stock. The shares were 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 purchased 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 acquired 2,497,826 shares of Under Armour stock. The shares were 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 stock was purchased at an average cost of $4.58 per share, for a total transaction of $6,347,193.00.
• On Wednesday, December 24th, V Prem Et Al Watsa bought 1,313,881 shares of Under Armour stock. The stock was purchased at an average price 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 purchased at an average price of $4.51 per share, for a total transaction of $12,381,091.03.

Under Armour Stock Performance

Under Armour stock opened at $5.98 on Thursday. 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 firm has a market capitalization of $2.56 billion, a P/E ratio of -28.46 and a beta of 1.73. Under Armour, Inc. has a 1-year low of $3.95 and a 1-year high of $7.85. The company’s 50-day moving average is $4.86 and its 200 day moving average is $5.01.

Under Armour (NYSE:UA) last announced its earnings results 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 business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Under Armour in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Under Armour presently has an average rating of “Sell”.

Institutional Investors Weigh In On Under Armour

A number of hedge funds and other institutional investors have recently bought and sold shares of UA. American Century Companies Inc. increased its stake in Under Armour by 12.0% during the 2nd quarter. American Century Companies Inc. now owns 3,508,113 shares of the company’s stock valued at $22,768,000 after purchasing an additional 375,548 shares in the last quarter. BDT Capital Partners LLC raised its stake in shares of Under Armour by 4.9% during the 2nd quarter. BDT Capital Partners LLC now owns 62,463,879 shares of the company’s stock valued at $405,391,000 after buying an additional 2,898,561 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in Under Armour by 380.4% during the second quarter. Concurrent Investment Advisors LLC now owns 246,519 shares of the company’s stock valued at $1,600,000 after acquiring an additional 195,208 shares in the last quarter. Norges Bank acquired a new position in shares of Under Armour in the 2nd quarter valued at $18,920,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Under Armour during the 3rd quarter worth about $1,532,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Company Profile

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.