Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Buys 1,528,986 Shares

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 1,528,986 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The shares were bought at an average cost of $6.24 per share, with a total value of $9,540,872.64. Following the completion of the purchase, the insider owned 42,911,086 shares of the company’s stock, valued at $267,765,176.64. This trade represents a 3.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

V Prem Et Al Watsa also recently made the following trade(s):

• On Wednesday, January 28th, V Prem Et Al Watsa purchased 1,112,119 shares of Under Armour stock. The stock was bought at an average cost of $6.21 per share, with a total value of $6,906,258.99.
• On Monday, January 26th, V Prem Et Al Watsa acquired 995,896 shares of Under Armour stock. The shares were purchased at an average cost of $6.21 per share, for a total transaction of $6,184,514.16.
• On Friday, January 23rd, V Prem Et Al Watsa bought 928,397 shares of Under Armour stock. The stock was purchased at an average cost of $6.15 per share, with a total value of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa bought 411,057 shares of Under Armour stock. The stock was purchased 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 shares were 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 purchased 1,769,581 shares of Under Armour stock. The stock was purchased at an average cost of $5.62 per share, with a total value of $9,945,045.22.
• On Friday, January 16th, V Prem Et Al Watsa acquired 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 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 stock was 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 purchased 1,385,850 shares of Under Armour stock. The shares were acquired at an average cost of $4.58 per share, for a total transaction of $6,347,193.00.

Under Armour Price Performance

Shares of UAA opened at $6.06 on Friday. The stock has a 50 day simple moving average of $5.08 and a 200 day simple moving average of $5.21. Under Armour, Inc. has a 52-week low of $4.13 and a 52-week high of $8.72. 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 firm has a market capitalization of $2.60 billion, a PE ratio of -28.83, a P/E/G ratio of 6.18 and a beta of 1.81.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. 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 previous year, the firm posted $0.39 earnings per share. The business’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. Sell-side analysts predict that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Institutional Trading of Under Armour

A number of hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC increased its position in Under Armour by 395.3% during the 3rd quarter. SG Americas Securities LLC now owns 747,130 shares of the company’s stock worth $3,728,000 after buying 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. boosted its position 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 acquiring an additional 504,912 shares in the last quarter. Jump Financial LLC boosted its holdings in shares of Under Armour by 616.4% in the 2nd quarter. Jump Financial LLC now owns 1,184,992 shares of the company’s stock valued at $8,093,000 after purchasing an additional 1,019,578 shares in the last quarter. Finally, Texas Permanent School Fund Corp increased its stake in shares of Under Armour by 284.0% in the 2nd quarter. Texas Permanent School Fund Corp now owns 351,173 shares of the company’s stock valued at $2,399,000 after purchasing an additional 259,727 shares during the last quarter. 34.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UAA. Guggenheim upgraded Under Armour to a “strong-buy” rating in a report on Wednesday, December 10th. Truist Financial set a $6.00 price objective on shares of Under Armour in a report on Wednesday, January 14th. Telsey Advisory Group set a $5.00 target price on shares of Under Armour in a research report on Friday, November 14th. UBS Group reissued a “buy” rating on shares of Under Armour in a research report on Friday, January 2nd. Finally, Evercore ISI dropped their target price on Under Armour from $5.00 to $4.00 and set an “underperform” rating on the stock in a report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus 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.