Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Purchases 438,723 Shares of Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa bought 438,723 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were acquired at an average cost of $4.99 per share, for a total transaction of $2,189,227.77. Following the transaction, the insider directly owned 43,439,595 shares in the company, valued at approximately $216,763,579.05. This trade represents a 1.02% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Large 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 Thursday, May 14th, V Prem Et Al Watsa purchased 100 shares of Under Armour stock. The stock was purchased at an average price of $5.00 per share, for a total transaction of $500.00.
• On Wednesday, May 13th, V Prem Et Al Watsa purchased 739,521 shares of Under Armour stock. The stock was purchased at an average price of $4.97 per share, for a total transaction of $3,675,419.37.

Under Armour Stock Down 0.5%

NYSE:UAA opened at $5.09 on Friday. Under Armour, Inc. has a fifty-two week low of $4.13 and a fifty-two week high of $8.15. The stock has a market capitalization of $2.17 billion, a P/E ratio of -4.38, a P/E/G ratio of 3.40 and a beta of 1.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.62. The company’s 50-day simple moving average is $6.16 and its 200-day simple moving average is $5.74.

Under Armour (NYSE:UAA) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.03). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period last year, the business earned ($0.08) EPS. The company’s revenue was down .8% compared to the same quarter last year. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. On average, equities analysts anticipate that Under Armour, Inc. will post 0.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on UAA shares. Citigroup restated a “sell” rating and issued a $4.75 price target (down from $6.20) on shares of Under Armour in a report on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Under Armour in a report on Friday, April 24th. Robert W. Baird set a $8.00 price target on shares of Under Armour in a report on Monday, February 9th. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Argus upgraded shares of Under Armour to a “hold” rating in a report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $5.91.

Under Armour News Roundup

Here are the key news stories impacting Under Armour this week:

• Negative Sentiment: Several analysts cut their outlook on Under Armour, including Truist Financial and BNP Paribas Exane, both lowering price targets to $5.00, while Zacks Research downgraded the stock from strong-buy to hold. These moves suggest Wall Street sees limited upside and ongoing pressure on the company’s turnaround. Article Title
• Negative Sentiment: Additional articles and analyst commentary highlighted slowing sales, brand-reset challenges, and pressure from shifting retail trends, reinforcing concerns that Under Armour’s growth recovery may take longer than investors hoped.
• Neutral Sentiment: Telsey Advisory Group also trimmed its price target to $5.50 and kept a market-perform view, which is still cautious even though it implies some upside from current levels.
• Positive Sentiment: Major shareholder V Prem Et Al Watsa bought more Under Armour shares in multiple SEC-disclosed transactions, including a larger purchase of 739,521 shares at about $4.97 each. Insider buying can signal confidence in the company’s long-term value and help support the stock. Article Title
• Neutral Sentiment: Truist’s reiterated hold rating and Jim Cramer’s upbeat “turnaround is here” comments add to the mixed narrative, but they have not been strong enough to offset the broader analyst downgrades.

Institutional Trading of Under Armour

A number of institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio boosted its stake in Under Armour by 13.3% in the 1st quarter. Public Employees Retirement System of Ohio now owns 64,415 shares of the company’s stock worth $381,000 after purchasing an additional 7,577 shares in the last quarter. Sei Investments Co. acquired a new stake in Under Armour in the 1st quarter worth approximately $1,206,000. Group One Trading LLC boosted its stake in Under Armour by 378.3% in the 1st quarter. Group One Trading LLC now owns 1,568,227 shares of the company’s stock worth $9,268,000 after purchasing an additional 2,131,642 shares in the last quarter. Lido Advisors LLC acquired a new stake in Under Armour in the 1st quarter worth approximately $215,000. Finally, Cetera Investment Advisers boosted its stake in Under Armour by 17.2% in the 1st quarter. Cetera Investment Advisers now owns 59,921 shares of the company’s stock worth $354,000 after purchasing an additional 8,776 shares in the last quarter. 34.58% of the stock is currently owned by institutional investors and hedge funds.

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.