V Prem Et Al Watsa Buys 1,769,581 Shares of Under Armour (NYSE:UAA) Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa bought 1,769,581 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was bought at an average price of $5.62 per share, with a total value of $9,945,045.22. Following the completion of the transaction, the insider directly owned 13,064,622 shares of the company’s stock, valued at $73,423,175.64. This represents a 15.67% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 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 Wednesday, January 21st, V Prem Et Al Watsa purchased 5,000,000 shares of Under Armour stock. The shares were purchased at an average price of $5.89 per share, for a total transaction of $29,450,000.00.
• On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The shares were purchased at an average cost of $5.60 per share, with a total value of $10,291,041.60.
• On Tuesday, December 30th, V Prem Et Al Watsa acquired 13,182,469 shares of Under Armour stock. The stock was purchased 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 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 purchased 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 bought 1,313,881 shares of Under Armour stock. The stock was purchased 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 acquired 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 purchased 7,739,154 shares of Under Armour stock. The shares were acquired at an average cost of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Trading Up 2.8%

Shares of UAA opened at $6.35 on Friday. Under Armour, Inc. has a fifty-two week low of $4.13 and a fifty-two week high of $8.72. The firm has a market cap of $2.72 billion, a price-to-earnings ratio of -30.24, a PEG ratio of 6.44 and a beta of 1.81. The firm has a 50 day moving average price of $4.89 and a 200-day moving average price of $5.23. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.10 and a current ratio of 1.69.

Under Armour (NYSE:UAA) last released its earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. As a group, equities research analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Institutional Trading of Under Armour

Several large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its holdings in Under Armour by 5.3% in the 1st quarter. Royal Bank of Canada now owns 1,158,649 shares of the company’s stock worth $7,242,000 after purchasing an additional 58,701 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Under Armour by 33.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 328,746 shares of the company’s stock valued at $2,055,000 after purchasing an additional 81,732 shares in the last quarter. United Services Automobile Association purchased a new position in shares of Under Armour during the first quarter valued at about $83,000. Parallel Advisors LLC increased its position in shares of Under Armour by 620.7% during the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after buying an additional 3,352 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Under Armour by 453.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 98,952 shares of the company’s stock worth $704,000 after buying an additional 81,067 shares in the last quarter. Institutional investors own 34.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on UAA. William Blair upgraded Under Armour to a “hold” rating in a research report on Thursday, November 6th. Evercore ISI cut their target price 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a report on Monday, December 29th. BTIG Research assumed coverage on shares of Under Armour in a research report on Tuesday, October 14th. They set a “neutral” rating for the company. Finally, Guggenheim raised shares of Under Armour to a “strong-buy” rating in a report on Wednesday, December 10th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $6.37.

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.