Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Purchases 411,057 Shares

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa bought 411,057 shares of the business’s stock in a transaction on Thursday, January 22nd. The stock was bought at an average cost of $6.15 per share, for a total transaction of $2,528,000.55. Following the purchase, the insider directly owned 18,475,679 shares of the company’s stock, valued at approximately $113,625,425.85. This trade represents a 2.28% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% 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 Monday, January 26th, V Prem Et Al Watsa bought 995,896 shares of Under Armour stock. The shares were bought at an average price 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 cost of $6.15 per share, with a total value of $5,709,641.55.
• On Wednesday, January 21st, V Prem Et Al Watsa purchased 5,000,000 shares of Under Armour stock. The stock was purchased at an average price of $5.89 per share, for a total transaction 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 price of $5.62 per share, with a total value 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 cost 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 price of $5.12 per share, for a total transaction 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 purchased 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 acquired 1,385,850 shares of Under Armour stock. The stock was 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 acquired 1,313,881 shares of Under Armour stock. The shares were acquired at an average cost of $4.55 per share, for a total transaction 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 price of $4.51 per share, for a total transaction of $12,381,091.03.

Under Armour Stock Down 0.4%

Shares of Under Armour stock opened at $6.32 on Tuesday. The company has a market capitalization of $2.71 billion, a P/E ratio of -30.11, a price-to-earnings-growth ratio of 6.61 and a beta of 1.81. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.10. The business has a 50-day moving average of $4.97 and a two-hundred day moving average of $5.20. Under Armour, Inc. has a 1 year low of $4.13 and a 1 year high of $8.72.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the firm earned $0.39 EPS. Under Armour’s quarterly revenue was down 4.7% compared to the same quarter last year. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. As a group, equities analysts predict that Under Armour, Inc. will post 0.3 EPS for the current year.

Analyst Upgrades and Downgrades

UAA has been the topic of a number of research analyst reports. Truist Financial set a $6.00 price objective on shares of Under Armour in a report on Wednesday, January 14th. Guggenheim raised Under Armour to a “strong-buy” rating in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research report on Monday, December 29th. UBS Group reiterated a “buy” rating on shares of Under Armour in a report on Friday, January 2nd. Finally, Zacks Research upgraded Under Armour from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $6.44.

Institutional Trading of Under Armour

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC grew its stake in Under Armour by 620.7% in the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after purchasing an additional 3,352 shares in the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of Under Armour by 583.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock valued at $28,000 after buying an additional 3,498 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Under Armour by 133.8% in the second quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after buying an additional 2,405 shares in the last quarter. Neo Ivy Capital Management acquired a new position in Under Armour during the second quarter worth $44,000. Finally, State of Wyoming bought a new stake in Under Armour during the second quarter worth $44,000. Institutional investors own 34.58% of the company’s stock.

Under Armour Company Profile

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.