Under Armour (NYSE:UA) Major Shareholder V Prem Et Al Watsa Purchases 13,182,469 Shares

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa acquired 13,182,469 shares of the business’s stock in a transaction on Tuesday, December 30th. The shares were bought at an average cost of $5.12 per share, for a total transaction of $67,494,241.28. Following the acquisition, the insider owned 41,958,923 shares of the company’s stock, valued at $214,829,685.76. This represents a 45.81% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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, December 29th, V Prem Et Al Watsa purchased 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 purchased 1,385,850 shares of Under Armour stock. The stock was 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 acquired 1,313,881 shares of Under Armour stock. The shares were purchased at an average cost of $4.55 per share, for a total transaction of $5,978,158.55.
• On Tuesday, December 23rd, V Prem Et Al Watsa bought 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.
• On Monday, December 22nd, V Prem Et Al Watsa bought 7,739,154 shares of Under Armour stock. The stock was purchased at an average cost of $4.48 per share, with a total value of $34,671,409.92.

Under Armour Stock Up 5.1%

Shares of NYSE UA opened at $5.05 on Friday. The business has a 50-day moving average price of $4.37 and a 200 day moving average price of $5.11. The stock has a market cap of $2.16 billion, a PE ratio of -24.02 and a beta of 1.73. The company has a quick ratio of 1.10, a current ratio of 1.69 and a debt-to-equity ratio of 0.32. Under Armour, Inc. has a 52-week low of $3.95 and a 52-week high of $7.85.

Under Armour (NYSE:UA) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations 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.

Institutional Investors Weigh In On Under Armour

Several large investors have recently modified their holdings of UA. BDT Capital Partners LLC lifted its holdings in shares of Under Armour by 4.1% during the third quarter. BDT Capital Partners LLC now owns 65,050,733 shares of the company’s stock worth $314,195,000 after purchasing an additional 2,586,854 shares during the period. American Century Companies Inc. raised its position 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 worth $22,768,000 after buying an additional 375,548 shares during the last quarter. Norges Bank acquired a new stake in shares of Under Armour in the 2nd quarter worth $18,920,000. Millennium Management LLC boosted its holdings in shares of Under Armour by 153.7% in the third quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock valued at $11,336,000 after acquiring an additional 1,421,981 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings 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. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Under Armour in a research report on Monday. One analyst has rated the stock with a Sell rating, According to MarketBeat, Under Armour currently has an average rating of “Sell”.

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.