Under Armour (NYSE:UA) Major Shareholder Buys $6,906,258.99 in Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa bought 1,112,119 shares of the company’s stock in a transaction dated Wednesday, January 28th. The stock was purchased at an average price of $6.21 per share, with a total value of $6,906,258.99. Following the completion of the transaction, the insider directly owned 43,000,872 shares in the company, valued at approximately $267,035,415.12. This represents a 2.65% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more 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 Tuesday, January 27th, V Prem Et Al Watsa acquired 1,528,986 shares of Under Armour stock. The stock was purchased at an average cost of $6.24 per share, for a total transaction of $9,540,872.64.
• 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, with a total value 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 acquired at an average cost of $6.15 per share, for a total transaction of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa purchased 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 Friday, January 16th, V Prem Et Al Watsa acquired 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, 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 shares were acquired at an average cost of $5.62 per share, with a total value of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa bought 13,182,469 shares of Under Armour stock. The stock was bought at an average cost of $5.12 per share, with a total value of $67,494,241.28.
• On Monday, December 29th, V Prem Et Al Watsa purchased 2,497,826 shares of Under Armour stock. The stock was bought at an average price 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.

Under Armour Price Performance

UA stock traded down $0.06 during trading on Thursday, reaching $5.93. 3,471,055 shares of the company were exchanged, compared to its average volume of 7,531,839. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of -28.21 and a beta of 1.73. 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 company has a 50-day moving average of $4.86 and a two-hundred day moving average of $5.01. Under Armour, Inc. has a twelve month low of $3.95 and a twelve month high of $7.85.

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

Hedge Funds Weigh In On Under Armour

A number of hedge funds have recently made changes to their positions in UA. Laurel Wealth Advisors LLC boosted its holdings in Under Armour by 549.0% in the second quarter. Laurel Wealth Advisors LLC now owns 3,920 shares of the company’s stock valued at $25,000 after acquiring an additional 3,316 shares during the last quarter. AlphaCore Capital LLC bought a new position in Under Armour during the 3rd quarter worth approximately $41,000. First Business Financial Services Inc. acquired a new position in shares of Under Armour in the 3rd quarter worth approximately $48,000. Cerity Partners LLC bought a new stake in shares of Under Armour in the 2nd quarter valued at $65,000. Finally, Sugar Maple Asset Management LLC acquired a new stake in shares of Under Armour during the second quarter worth $68,000. 36.35% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Under Armour in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Under Armour currently has a consensus rating of “Sell”.

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.