V Prem Et Al Watsa Acquires 928,397 Shares of Under Armour (NYSE:UAA) Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa purchased 928,397 shares of Under Armour stock in a transaction that occurred on Friday, January 23rd. The stock was bought at an average cost of $6.15 per share, with a total value of $5,709,641.55. Following the completion of the transaction, the insider owned 19,404,076 shares of the company’s stock, valued at $119,335,067.40. The trade was a 5.02% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 acquired at an average price of $6.21 per share, for a total transaction of $6,184,514.16.
• On Thursday, January 22nd, V Prem Et Al Watsa acquired 411,057 shares of Under Armour stock. The stock was acquired at an average price of $6.15 per share, for a total transaction of $2,528,000.55.
• On Wednesday, January 21st, V Prem Et Al Watsa purchased 5,000,000 shares of Under Armour stock. The stock was bought 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 bought 1,769,581 shares of Under Armour stock. The stock was bought 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 cost of $5.60 per share, for a total transaction of $10,291,041.60.
• On Tuesday, December 30th, V Prem Et Al Watsa acquired 13,182,469 shares of Under Armour stock. The stock was acquired at an average cost of $5.12 per share, for a total transaction of $67,494,241.28.
• On Monday, December 29th, V Prem Et Al Watsa acquired 2,497,826 shares of Under Armour stock. The shares were 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 purchased 1,385,850 shares of Under Armour stock. The shares were bought at an average cost of $4.58 per share, for a total transaction of $6,347,193.00.
• On Wednesday, December 24th, V Prem Et Al Watsa bought 1,313,881 shares of Under Armour stock. The stock was bought 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 acquired 2,745,253 shares of Under Armour stock. The stock was purchased at an average cost of $4.51 per share, with a total value of $12,381,091.03.

Under Armour Price Performance

Shares of UAA stock traded down $0.03 during mid-day trading on Monday, reaching $6.32. The stock had a trading volume of 9,416,433 shares, compared to its average volume of 13,761,448. The company has a market cap 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 current ratio of 1.69, a quick ratio of 1.10 and a debt-to-equity ratio of 0.32. Under Armour, Inc. has a 12-month low of $4.13 and a 12-month high of $8.72. The business has a 50-day simple moving average of $4.97 and a 200 day simple moving average of $5.20.

Under Armour (NYSE:UAA) last posted its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the prior year, the company earned $0.39 EPS. Under Armour’s revenue was down 4.7% on a year-over-year basis. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, sell-side analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Institutional Investors Weigh In On Under Armour

A number of large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC boosted its holdings in shares of Under Armour by 395.3% during the third quarter. SG Americas Securities LLC now owns 747,130 shares of the company’s stock worth $3,728,000 after acquiring an additional 596,294 shares during the period. Vontobel Holding Ltd. grew its stake in Under Armour by 363.0% during the third quarter. Vontobel Holding Ltd. now owns 416,376 shares of the company’s stock worth $2,078,000 after buying an additional 326,451 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Under Armour by 9.2% during the 2nd quarter. American Century Companies Inc. now owns 5,970,726 shares of the company’s stock worth $40,780,000 after buying an additional 504,912 shares in the last quarter. Jump Financial LLC lifted its holdings in shares of Under Armour by 616.4% in the second quarter. Jump Financial LLC now owns 1,184,992 shares of the company’s stock worth $8,093,000 after acquiring an additional 1,019,578 shares during the last quarter. Finally, Texas Permanent School Fund Corp grew its stake in shares of Under Armour by 284.0% during the second quarter. Texas Permanent School Fund Corp now owns 351,173 shares of the company’s stock worth $2,399,000 after buying an additional 259,727 shares during the last quarter. Institutional investors own 34.58% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on UAA shares. BTIG Research started coverage on Under Armour in a research report on Tuesday, October 14th. They issued a “neutral” rating for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a report on Monday, December 29th. Truist Financial set a $6.00 target price on shares of Under Armour in a research note on Wednesday, January 14th. Evercore ISI reduced their target price on shares of Under Armour from $5.00 to $4.00 and set an “underperform” rating for the company in a report on Friday, November 7th. Finally, Citigroup reissued a “neutral” rating and set a $6.20 target price (up from $5.00) on shares of Under Armour in a research note on Friday. Two investment 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $6.44.

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.