V Prem Et Al Watsa Purchases 5,000,000 Shares of Under Armour (NYSE:UAA) Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 5,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The shares were bought at an average cost of $5.89 per share, for a total transaction of $29,450,000.00. Following the acquisition, the insider owned 18,064,622 shares of the company’s stock, valued at $106,400,623.58. This represents a 38.27% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more 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 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, with a total value of $9,945,045.22.
• On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The stock was purchased at an average price of $5.60 per share, for a total transaction 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 cost 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, with a total value of $11,639,869.16.
• On Friday, December 26th, V Prem Et Al Watsa bought 1,385,850 shares of Under Armour stock. The shares were 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 bought 1,313,881 shares of Under Armour stock. The stock was 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 purchased 2,745,253 shares of Under Armour stock. The stock was purchased at an average price of $4.51 per share, with a total value 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 purchased at an average cost of $4.48 per share, with a total value of $34,671,409.92.

Under Armour Price Performance

Under Armour stock opened at $6.35 on Friday. The firm has a market capitalization of $2.72 billion, a PE ratio of -30.24, a P/E/G ratio of 6.44 and a beta of 1.81. Under Armour, Inc. has a 52 week low of $4.13 and a 52 week high of $8.72. The firm’s 50-day simple moving average is $4.89 and its 200 day simple moving average is $5.23. 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 (NYSE:UAA) last posted its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the firm posted $0.39 EPS. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, equities research analysts predict that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UAA has been the topic of a number of recent research reports. Argus raised Under Armour to a “hold” rating in a research note on Friday, January 16th. Citigroup reduced their price objective on Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Zacks Research raised Under Armour from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Guggenheim raised shares of Under Armour to a “strong-buy” rating in a research note on Wednesday, December 10th. Finally, William Blair upgraded shares of Under Armour to a “hold” rating in a report on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $6.37.

Institutional Trading of Under Armour

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Oak Thistle LLC acquired a new position in shares of Under Armour during the 4th quarter valued at about $760,000. Portside Wealth Group LLC purchased a new stake in Under Armour in the fourth quarter valued at approximately $52,000. Norden Group LLC acquired a new position in Under Armour during the fourth quarter worth approximately $152,000. Wedmont Private Capital raised its stake in Under Armour by 229.0% during the fourth quarter. Wedmont Private Capital now owns 35,969 shares of the company’s stock worth $179,000 after purchasing an additional 25,037 shares during the period. Finally, Ovata Capital Management Ltd purchased a new position in Under Armour during the third quarter worth approximately $6,980,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

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.