Under Armour (NYSE:UA) Major Shareholder V Prem Et Al Watsa Purchases 995,896 Shares of Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa purchased 995,896 shares of the company’s stock in a transaction dated Monday, January 26th. The shares were acquired at an average cost of $6.21 per share, for a total transaction of $6,184,514.16. Following the transaction, the insider owned 42,224,581 shares of the company’s stock, valued at $262,214,648.01. This trade represents a 2.42% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Friday, January 23rd, V Prem Et Al Watsa bought 928,397 shares of Under Armour stock. The shares were acquired at an average cost of $6.15 per share, with a total value of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa bought 411,057 shares of Under Armour stock. The shares were bought at an average price of $6.15 per share, for a total transaction of $2,528,000.55.
• On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The stock was bought at an average price 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 bought at an average cost of $5.89 per share, with a total value of $29,450,000.00.
• On Tuesday, January 20th, V Prem Et Al Watsa acquired 1,769,581 shares of Under Armour stock. The shares were bought at an average price of $5.62 per share, for a total transaction of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa acquired 13,182,469 shares of Under Armour stock. The stock was bought at an average cost of $5.12 per share, for a total transaction of $67,494,241.28.
• On Monday, December 29th, V Prem Et Al Watsa bought 2,497,826 shares of Under Armour stock. The stock was bought 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, with a total value of $6,347,193.00.
• On Wednesday, December 24th, V Prem Et Al Watsa purchased 1,313,881 shares of Under Armour stock. The stock was purchased 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 acquired 2,745,253 shares of Under Armour stock. The shares were purchased at an average cost of $4.51 per share, with a total value of $12,381,091.03.

Under Armour Price Performance

NYSE:UA opened at $6.21 on Tuesday. The stock has a 50-day simple moving average of $4.78 and a 200 day simple moving average of $5.00. Under Armour, Inc. has a 52-week low of $3.95 and a 52-week high of $7.85. The company has a market cap of $2.66 billion, a PE ratio of -29.57 and a beta of 1.73. 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:UA) last released its earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Analyst Upgrades and Downgrades

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

Institutional Trading of Under Armour

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in shares of Under Armour by 247.3% in the 1st quarter. AQR Capital Management LLC now owns 98,632 shares of the company’s stock valued at $587,000 after acquiring an additional 70,231 shares during the period. Goldman Sachs Group Inc. lifted its stake in Under Armour by 34.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 388,256 shares of the company’s stock valued at $2,310,000 after purchasing an additional 99,402 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Under Armour by 152.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 38,566 shares of the company’s stock valued at $261,000 after purchasing an additional 23,295 shares during the last quarter. UMB Bank n.a. grew its holdings in Under Armour by 361.9% during the second quarter. UMB Bank n.a. now owns 4,102 shares of the company’s stock worth $27,000 after purchasing an additional 3,214 shares during the period. Finally, GAMMA Investing LLC increased its position in Under Armour by 98.4% during the second quarter. GAMMA Investing LLC now owns 10,997 shares of the company’s stock worth $71,000 after buying an additional 5,455 shares during the last quarter. 36.35% of the stock is owned by institutional investors.

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.