V Prem Et Al Watsa Acquires 1,112,119 Shares of Under Armour (NYSE:UA) Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa acquired 1,112,119 shares of Under Armour stock in a transaction on Wednesday, January 28th. The shares were bought at an average cost of $6.21 per share, with a total value of $6,906,258.99. Following the completion of the transaction, the insider owned 43,000,872 shares of the company’s stock, valued at approximately $267,035,415.12. This trade represents a 2.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major 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 Tuesday, January 27th, V Prem Et Al Watsa acquired 1,528,986 shares of Under Armour stock. The stock was bought at an average cost of $6.24 per share, for a total transaction of $9,540,872.64.
• On Monday, January 26th, V Prem Et Al Watsa bought 995,896 shares of Under Armour stock. The shares were bought at an average cost of $6.21 per share, with a total value 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, 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 stock was bought at an average cost of $6.15 per share, for a total transaction of $2,528,000.55.
• On Friday, January 16th, V Prem Et Al Watsa acquired 1,837,686 shares of Under Armour stock. The shares were 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 bought 5,000,000 shares of Under Armour stock. The stock was purchased at an average cost 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 price of $5.62 per share, for a total transaction of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock. The shares were 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 stock was purchased at an average price 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 cost of $4.58 per share, for a total transaction of $6,347,193.00.

Under Armour Stock Up 2.5%

UA opened at $6.08 on Friday. Under Armour, Inc. has a fifty-two week low of $3.95 and a fifty-two week high of $7.76. 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 company has a market capitalization of $2.61 billion, a P/E ratio of -28.95 and a beta of 1.73. The stock has a fifty day moving average of $4.94 and a 200-day moving average of $5.01.

Under Armour (NYSE:UA) last released its quarterly 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. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. BDT Capital Partners LLC boosted its holdings in shares of Under Armour by 4.1% in the 3rd quarter. BDT Capital Partners LLC now owns 65,050,733 shares of the company’s stock valued at $314,195,000 after purchasing an additional 2,586,854 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Under Armour by 5.6% during the 4th quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company’s stock worth $75,502,000 after buying an additional 831,186 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Under Armour by 12.0% during the 2nd quarter. American Century Companies Inc. now owns 3,508,113 shares of the company’s stock worth $22,768,000 after buying an additional 375,548 shares during the last quarter. Norges Bank acquired a new stake in Under Armour in the second quarter valued at about $18,920,000. Finally, Millennium Management LLC grew its position in Under Armour by 153.7% in the third quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock valued at $11,336,000 after acquiring an additional 1,421,981 shares during the last quarter. 36.35% of the stock is currently 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.