V Prem Et Al Watsa Buys 1,528,986 Shares of Under Armour (NYSE:UA) Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa bought 1,528,986 shares of Under Armour stock in a transaction dated Tuesday, January 27th. The stock was purchased at an average price of $6.24 per share, for a total transaction of $9,540,872.64. Following the purchase, the insider directly owned 42,911,086 shares in the company, valued at $267,765,176.64. This represents a 3.69% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% 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 Wednesday, January 28th, V Prem Et Al Watsa bought 1,112,119 shares of Under Armour stock. The shares were purchased at an average price of $6.21 per share, with a total value of $6,906,258.99.
• On Monday, January 26th, V Prem Et Al Watsa purchased 995,896 shares of Under Armour stock. The shares were purchased 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 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 acquired 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 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 Wednesday, January 21st, V Prem Et Al Watsa bought 5,000,000 shares of Under Armour stock. The stock was acquired 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 purchased 1,769,581 shares of Under Armour stock. The shares were acquired 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 acquired 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 stock was acquired at an average cost of $4.66 per share, for a total transaction 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 acquired at an average price of $4.58 per share, for a total transaction of $6,347,193.00.

Under Armour Stock Performance

Shares of NYSE:UA opened at $6.08 on Friday. The business has a fifty day moving average of $4.94 and a 200-day moving average of $5.01. 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, Inc. has a twelve month low of $3.95 and a twelve month high of $7.76. The firm has a market cap of $2.61 billion, a PE ratio of -28.95 and a beta of 1.73.

Under Armour (NYSE:UA) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Institutional Investors Weigh In On Under Armour

A number of institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank bought a new position in Under Armour in the second quarter valued at approximately $18,920,000. BDT Capital Partners LLC boosted its position in shares of Under Armour by 4.9% in the 2nd quarter. BDT Capital Partners LLC now owns 62,463,879 shares of the company’s stock worth $405,391,000 after purchasing an additional 2,898,561 shares during the last quarter. Millennium Management LLC grew its stake in shares of Under Armour by 153.7% during the third quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock worth $11,336,000 after purchasing an additional 1,421,981 shares during the period. Corient Private Wealth LLC increased its holdings in Under Armour by 99.8% in the second quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company’s stock valued at $13,018,000 after purchasing an additional 1,002,037 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Under Armour by 5.6% in the fourth quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company’s stock valued at $75,502,000 after buying an additional 831,186 shares during the period. 36.35% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

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.