Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Acquires 13,182,469 Shares of Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa purchased 13,182,469 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The stock was acquired at an average cost of $5.12 per share, with a total value of $67,494,241.28. Following the completion of the acquisition, the insider directly owned 41,958,923 shares of the company’s stock, valued at $214,829,685.76. The trade was a 45.81% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major 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, December 29th, V Prem Et Al Watsa acquired 2,497,826 shares of Under Armour stock. The shares were bought at an average cost 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 cost 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 bought at an average price of $4.55 per share, for a total transaction 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 cost of $4.48 per share, with a total value of $34,671,409.92.

Under Armour Stock Performance

UAA stock opened at $5.29 on Friday. The company has a 50 day moving average price of $4.56 and a 200 day moving average price of $5.33. Under Armour, Inc. has a fifty-two week low of $4.13 and a fifty-two week high of $8.72. 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 stock has a market capitalization of $2.27 billion, a PE ratio of -25.17, a price-to-earnings-growth ratio of 5.30 and a beta of 1.81.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $1.31 billion. During the same period last year, the company earned $0.39 earnings per share. The company’s revenue was down 4.7% on a year-over-year basis. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Analysts forecast that Under Armour, Inc. will post 0.3 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Ovata Capital Management Ltd bought a new stake in shares of Under Armour during the 3rd quarter worth approximately $6,980,000. Maven Securities LTD increased its holdings in Under Armour by 207.5% during the third quarter. Maven Securities LTD now owns 453,831 shares of the company’s stock worth $2,265,000 after buying an additional 306,254 shares during the last quarter. Advisory Services Network LLC raised its position in Under Armour by 77.2% during the third quarter. Advisory Services Network LLC now owns 22,031 shares of the company’s stock worth $110,000 after acquiring an additional 9,596 shares in the last quarter. PharVision Advisers LLC acquired a new stake in Under Armour in the third quarter valued at $97,000. Finally, Dark Forest Capital Management LP acquired a new stake in Under Armour in the third quarter valued at $1,178,000. 34.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Rothschild Redb downgraded shares of Under Armour from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Telsey Advisory Group set a $5.00 price objective on shares of Under Armour in a research report on Friday, November 14th. UBS Group restated a “buy” rating on shares of Under Armour in a report on Friday. Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $6.00 price objective (down from $7.00) on shares of Under Armour in a research report on Monday, September 15th. Finally, Wall Street Zen cut Under Armour from a “hold” rating to a “sell” rating in a report on Sunday, December 21st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Under Armour has a consensus rating of “Hold” and an average target price of $6.43.

Under Armour Company Profile

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.