Insider Buying: Under Armour (NYSE:UAA) Major Shareholder Purchases $2,528,000.55 in Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 411,057 shares of the firm’s stock in a transaction on Thursday, January 22nd. The stock was purchased at an average cost of $6.15 per share, with a total value of $2,528,000.55. Following the completion of the transaction, the insider owned 18,475,679 shares in the company, valued at $113,625,425.85. The trade was a 2.28% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Large 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 Monday, January 26th, V Prem Et Al Watsa acquired 995,896 shares of Under Armour stock. The shares were acquired 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 shares were 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 acquired 5,000,000 shares of Under Armour stock. The shares were 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 purchased 1,769,581 shares of Under Armour stock. The shares were 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 shares were 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 purchased 13,182,469 shares of Under Armour stock. The shares were purchased 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 bought 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 acquired 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.
• On Wednesday, December 24th, V Prem Et Al Watsa bought 1,313,881 shares of Under Armour stock. The shares were 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 shares were bought at an average price of $4.51 per share, with a total value of $12,381,091.03.

Under Armour Stock Performance

Shares of UAA opened at $6.08 on Thursday. 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 fifty day moving average of $5.05 and a 200-day moving average of $5.20. The company has a market cap of $2.61 billion, a price-to-earnings ratio of -28.93, a price-to-earnings-growth ratio of 6.45 and a beta of 1.81. Under Armour, Inc. has a 1 year low of $4.13 and a 1 year high of $8.72.

Under Armour (NYSE:UAA) last posted its earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations 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’s quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. As a group, equities analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Institutional Trading of Under Armour

Large investors have recently modified their holdings of the company. UMB Bank n.a. boosted its holdings in Under Armour by 133.8% during the second quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after acquiring an additional 2,405 shares during the period. Panagora Asset Management Inc. raised its holdings in Under Armour by 11.3% in the 2nd quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company’s stock valued at $164,000 after acquiring an additional 2,440 shares in the last quarter. HUB Investment Partners LLC raised its stake in shares of Under Armour by 12.9% in the second quarter. HUB Investment Partners LLC now owns 21,810 shares of the company’s stock valued at $149,000 after purchasing an additional 2,489 shares in the last quarter. M&T Bank Corp raised its stake in shares of Under Armour by 23.2% in the 2nd quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock valued at $91,000 after buying an additional 2,504 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its position in Under Armour by 4.5% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 71,967 shares of the company’s stock worth $492,000 after purchasing an additional 3,094 shares in the last quarter. 34.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on UAA. BTIG Research initiated coverage on shares of Under Armour in a research note on Tuesday, October 14th. They set a “neutral” rating on the stock. Zacks Research upgraded Under Armour from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 6th. Guggenheim raised shares of Under Armour to a “strong-buy” rating in a research note on Wednesday, December 10th. Telsey Advisory Group set a $5.00 price objective on Under Armour in a research note on Friday, November 14th. Finally, Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Under Armour presently has an average rating of “Hold” and an average target price of $6.44.

About Under Armour

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.