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

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 995,896 shares of the company’s stock in a transaction dated Monday, January 26th. The shares were bought at an average cost of $6.21 per share, with a total value of $6,184,514.16. Following the completion of the acquisition, the insider directly owned 42,224,581 shares in the company, valued at $262,214,648.01. The trade was a 2.42% increase in their position. The transaction was disclosed in a 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 Friday, January 23rd, V Prem Et Al Watsa purchased 928,397 shares of Under Armour stock. The shares were purchased at an average price of $6.15 per share, for a total transaction of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa purchased 411,057 shares of Under Armour stock. The shares were purchased at an average cost of $6.15 per share, with a total value of $2,528,000.55.
• On Wednesday, January 21st, V Prem Et Al Watsa acquired 5,000,000 shares of Under Armour stock. The stock was purchased at an average price 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 purchased at an average cost of $5.62 per share, for a total transaction of $9,945,045.22.
• On Friday, January 16th, V Prem Et Al Watsa bought 1,837,686 shares of Under Armour stock. The stock was purchased at an average price of $5.60 per share, with a total value of $10,291,041.60.
• 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 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 shares were acquired 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 acquired 1,385,850 shares of Under Armour stock. The stock was acquired 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 acquired 1,313,881 shares of Under Armour stock. The stock was acquired 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 cost of $4.51 per share, for a total transaction of $12,381,091.03.

Under Armour Stock Performance

Under Armour stock opened at $6.32 on Tuesday. The firm has a fifty day simple moving average of $4.97 and a two-hundred day simple moving average of $5.20. 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, Inc. has a twelve month low of $4.13 and a twelve month high of $8.72. The company has a market capitalization of $2.71 billion, a PE ratio of -30.11, a P/E/G ratio of 6.61 and a beta of 1.81.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. 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%.The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period last year, the firm earned $0.39 earnings per share. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Research analysts expect that Under Armour, Inc. will post 0.3 EPS for the current year.

Analysts Set New Price Targets

UAA has been the topic of several analyst reports. William Blair raised shares of Under Armour to a “hold” rating in a research note on Thursday, November 6th. BTIG Research began coverage on shares of Under Armour in a research report on Tuesday, October 14th. They issued a “neutral” rating on the stock. Telsey Advisory Group set a $5.00 target price on shares of Under Armour in a report on Friday, November 14th. Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Citigroup reaffirmed a “neutral” rating and set a $6.20 price target (up previously from $5.00) on shares of Under Armour in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $6.44.

Hedge Funds Weigh In On Under Armour

A number of institutional investors have recently bought and sold shares of the stock. Merit Financial Group LLC bought a new stake in Under Armour during the 4th quarter valued at approximately $65,000. Childress Capital Advisors LLC bought a new stake in shares of Under Armour during the fourth quarter valued at approximately $64,000. State of Alaska Department of Revenue grew its stake in Under Armour by 372.3% in the fourth quarter. State of Alaska Department of Revenue now owns 96,151 shares of the company’s stock worth $477,000 after purchasing an additional 75,791 shares during the period. Oak Thistle LLC bought a new position in Under Armour in the fourth quarter worth $760,000. Finally, Portside Wealth Group LLC purchased a new position in Under Armour during the fourth quarter valued at $52,000. 34.58% of the stock is owned by institutional investors.

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.