Under Armour (NYSE:UA) Major Shareholder V Prem Et Al Watsa Acquires 411,057 Shares

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa bought 411,057 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was bought at an average cost of $6.15 per share, with a total value of $2,528,000.55. Following the transaction, the insider directly owned 18,475,679 shares of the company’s stock, valued at approximately $113,625,425.85. This trade represents a 2.28% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more 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, January 26th, V Prem Et Al Watsa bought 995,896 shares of Under Armour stock. The shares were bought at an average price of $6.21 per share, for a total transaction of $6,184,514.16.
• On Friday, January 23rd, V Prem Et Al Watsa purchased 928,397 shares of Under Armour stock. The stock was bought at an average price of $6.15 per share, with a total value of $5,709,641.55.
• On Friday, January 16th, V Prem Et Al Watsa acquired 1,837,686 shares of Under Armour stock. The stock was purchased at an average cost of $5.60 per share, with a total value of $10,291,041.60.
• On Wednesday, January 21st, V Prem Et Al Watsa acquired 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 Tuesday, January 20th, V Prem Et Al Watsa bought 1,769,581 shares of Under Armour stock. The shares were purchased at an average cost of $5.62 per share, for a total transaction of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa bought 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 purchased 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 acquired 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 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 bought 2,745,253 shares of Under Armour stock. The shares were acquired at an average price of $4.51 per share, with a total value of $12,381,091.03.

Under Armour Stock Performance

NYSE:UA opened at $6.21 on Tuesday. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of -29.57 and a beta of 1.73. Under Armour, Inc. has a one year low of $3.95 and a one year high of $7.85. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.10 and a current ratio of 1.69. The business’s 50-day simple moving average is $4.78 and its 200 day simple moving average is $5.00.

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. 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. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Under Armour in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Under Armour currently has an average rating of “Sell”.

Institutional Investors Weigh In On Under Armour

Several institutional investors and hedge funds have recently made changes to their positions in the company. Tidal Investments LLC lifted its stake in Under Armour by 2.1% during the second quarter. Tidal Investments LLC now owns 110,954 shares of the company’s stock worth $720,000 after purchasing an additional 2,255 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Under Armour by 4.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 55,508 shares of the company’s stock worth $360,000 after buying an additional 2,291 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Under Armour by 6.8% in the 2nd quarter. Osaic Holdings Inc. now owns 35,932 shares of the company’s stock valued at $233,000 after buying an additional 2,295 shares during the period. UMB Bank n.a. boosted its holdings in shares of Under Armour by 361.9% in the 2nd quarter. UMB Bank n.a. now owns 4,102 shares of the company’s stock valued at $27,000 after buying an additional 3,214 shares during the period. Finally, Laurel Wealth Advisors LLC grew its position in shares of Under Armour by 549.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,920 shares of the company’s stock valued at $25,000 after buying an additional 3,316 shares during the last quarter. 36.35% of the stock is owned by institutional investors and hedge funds.

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.