V Prem Et Al Watsa Acquires 1,837,686 Shares of Under Armour (NYSE:UAA) Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 1,837,686 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was bought at an average price of $5.60 per share, with a total value of $10,291,041.60. Following the acquisition, the insider directly owned 11,295,041 shares of the company’s stock, valued at $63,252,229.60. The trade was a 19.43% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

V Prem Et Al Watsa also recently made the following trade(s):

• On Wednesday, January 21st, V Prem Et Al Watsa bought 5,000,000 shares of Under Armour stock. The stock was 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 shares were bought at an average price of $5.62 per share, with a total value 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 cost of $5.12 per share, with a total value of $67,494,241.28.
• On Monday, December 29th, V Prem Et Al Watsa purchased 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 purchased 1,385,850 shares of Under Armour stock. The stock was purchased at an average price of $4.58 per share, for a total transaction 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 price of $4.55 per share, with a total value of $5,978,158.55.
• On Tuesday, December 23rd, V Prem Et Al Watsa bought 2,745,253 shares of Under Armour stock. The stock was purchased at an average cost of $4.51 per share, with a total value 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 price of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Trading Up 2.8%

Shares of NYSE UAA opened at $6.35 on Friday. Under Armour, Inc. has a twelve month low of $4.13 and a twelve month high of $8.72. The stock has a market cap of $2.72 billion, a price-to-earnings ratio of -30.24, a P/E/G ratio of 6.44 and a beta of 1.81. 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’s fifty day moving average is $4.89 and its 200-day moving average is $5.23.

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

Analyst Upgrades and Downgrades

UAA has been the subject of several research analyst reports. Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Argus raised shares of Under Armour to a “hold” rating in a research note on Friday, January 16th. Telsey Advisory Group set a $5.00 price target on shares of Under Armour in a report on Friday, November 14th. Evercore ISI dropped their price objective on shares of Under Armour from $5.00 to $4.00 and set an “underperform” rating on the stock in a report on Friday, November 7th. Finally, Guggenheim raised shares of Under Armour to a “strong-buy” rating in a research report on Wednesday, December 10th. Two investment 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $6.37.

Institutional Investors Weigh In On Under Armour

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UMB Bank n.a. lifted its position in Under Armour by 133.8% during the 2nd 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. Panagora Asset Management Inc. increased its position in shares of Under Armour by 11.3% in the second quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company’s stock valued at $164,000 after acquiring an additional 2,440 shares during the last quarter. HUB Investment Partners LLC raised its holdings in Under Armour by 12.9% during the second quarter. HUB Investment Partners LLC now owns 21,810 shares of the company’s stock worth $149,000 after acquiring an additional 2,489 shares in the last quarter. M&T Bank Corp boosted its position in Under Armour by 23.2% during the second quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock valued at $91,000 after purchasing an additional 2,504 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its position in Under Armour by 4.5% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 71,967 shares of the company’s stock valued at $492,000 after purchasing an additional 3,094 shares during the last quarter. 34.58% of the stock is currently owned by institutional investors and hedge funds.

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.