Under Armour (NYSE:UAA) Major Shareholder Buys $29,450,000.00 in Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa purchased 5,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The stock was bought at an average price of $5.89 per share, for a total transaction of $29,450,000.00. Following the transaction, the insider directly owned 18,064,622 shares in the company, valued at $106,400,623.58. This trade represents a 38.27% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more 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 Tuesday, January 20th, V Prem Et Al Watsa acquired 1,769,581 shares of Under Armour stock. The shares were bought 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 bought 1,837,686 shares of Under Armour stock. The stock was bought 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 bought 13,182,469 shares of Under Armour stock. The stock was bought 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 purchased 2,497,826 shares of Under Armour stock. The shares were bought at an average price 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 stock was acquired at an average cost of $4.58 per share, with a total value 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 purchased 2,745,253 shares of Under Armour stock. The shares were purchased at an average cost of $4.51 per share, with a total value of $12,381,091.03.
• On Monday, December 22nd, V Prem Et Al Watsa acquired 7,739,154 shares of Under Armour stock. The stock was bought at an average price of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Trading Up 7.7%

Shares of Under Armour stock traded up $0.44 during trading hours on Wednesday, reaching $6.18. 17,171,684 shares of the company’s stock were exchanged, compared to its average volume of 11,850,109. The company has a current ratio of 1.69, a quick ratio of 1.10 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 95.67, a price-to-earnings-growth ratio of 6.12 and a beta of 1.81. The company has a fifty day moving average of $4.86 and a 200-day moving average of $5.22. Under Armour, Inc. has a 52-week low of $4.13 and a 52-week high of $8.72.

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

Hedge Funds Weigh In On Under Armour

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UAA. Royal Bank of Canada increased its position in shares of Under Armour by 5.3% in the 1st quarter. Royal Bank of Canada now owns 1,158,649 shares of the company’s stock worth $7,242,000 after purchasing an additional 58,701 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Under Armour by 33.1% in the first quarter. Goldman Sachs Group Inc. now owns 328,746 shares of the company’s stock worth $2,055,000 after purchasing an additional 81,732 shares in the last quarter. United Services Automobile Association bought a new stake in Under Armour in the first quarter valued at about $83,000. Parallel Advisors LLC raised its stake in Under Armour by 620.7% during the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after buying an additional 3,352 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Under Armour by 453.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 98,952 shares of the company’s stock worth $704,000 after buying an additional 81,067 shares during the last quarter. 34.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Under Armour in a report on Monday, December 29th. Citigroup cut their price target on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Telsey Advisory Group set a $5.00 price objective on shares of Under Armour in a research note on Friday, November 14th. Wall Street Zen raised shares of Under Armour from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, UBS Group reissued a “buy” rating on shares of Under Armour in a research note on Friday, January 2nd. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $6.37.

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.