Under Armour (NYSE:UA) Major Shareholder V Prem Et Al Watsa Purchases 928,397 Shares of Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa purchased 928,397 shares of the company’s stock in a transaction dated Friday, January 23rd. The stock was purchased at an average price of $6.15 per share, for a total transaction of $5,709,641.55. Following the transaction, the insider directly owned 19,404,076 shares in the company, valued at approximately $119,335,067.40. This trade represents a 5.02% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more 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 Monday, January 26th, V Prem Et Al Watsa bought 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 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, 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 shares were acquired 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 stock was acquired 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 stock was acquired 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 shares were acquired at an average price 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 shares were acquired 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 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 purchased 1,313,881 shares of Under Armour stock. The shares were acquired 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 purchased 2,745,253 shares of Under Armour stock. The shares were acquired at an average price of $4.51 per share, for a total transaction of $12,381,091.03.

Under Armour Stock Performance

Shares of UA stock opened at $6.21 on Tuesday. The firm has a 50 day moving average of $4.78 and a 200-day moving average of $5.00. The company has a market cap of $2.66 billion, a price-to-earnings ratio of -29.57 and a beta of 1.73. 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 52 week low of $3.95 and a 52 week high of $7.85.

Under Armour (NYSE:UA) last released its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate 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.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Under Armour

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

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.