V Prem Et Al Watsa Acquires 1,313,881 Shares of Under Armour (NYSE:UAA) Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 1,313,881 shares of the stock in a transaction that occurred on Wednesday, December 24th. The shares were acquired at an average cost of $4.55 per share, with a total value of $5,978,158.55. Following the transaction, the insider owned 27,691,049 shares in the company, valued at approximately $125,994,272.95. The trade was a 4.98% increase in their ownership of the stock. The acquisition 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 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, for a total transaction of $11,639,869.16.
• On Friday, December 26th, V Prem Et Al Watsa bought 1,385,850 shares of Under Armour stock. The stock was bought at an average price of $4.58 per share, with a total value of $6,347,193.00.
• On Tuesday, December 23rd, V Prem Et Al Watsa bought 2,745,253 shares of Under Armour stock. The shares were bought 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 purchased 7,739,154 shares of Under Armour stock. The shares were bought at an average price of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Stock Performance

Shares of NYSE UAA traded up $0.13 during mid-day trading on Monday, hitting $4.78. The company had a trading volume of 11,289,935 shares, compared to its average volume of 9,925,514. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $8.72. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of -22.74, a PEG ratio of 4.96 and a beta of 1.83. 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 firm’s 50 day simple moving average is $4.54 and its two-hundred day simple moving average is $5.35.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the business earned $0.39 EPS. The firm’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. As a group, equities research analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Ovata Capital Management Ltd bought a new stake in Under Armour during the third quarter worth approximately $6,980,000. Maven Securities LTD grew its stake in shares of Under Armour by 207.5% in the 3rd quarter. Maven Securities LTD now owns 453,831 shares of the company’s stock worth $2,265,000 after purchasing an additional 306,254 shares during the last quarter. Advisory Services Network LLC grew its position in Under Armour by 77.2% in the third quarter. Advisory Services Network LLC now owns 22,031 shares of the company’s stock worth $110,000 after buying an additional 9,596 shares during the last quarter. PharVision Advisers LLC acquired a new stake in shares of Under Armour during the third quarter worth $97,000. Finally, Dark Forest Capital Management LP acquired a new stake in shares of Under Armour during the third quarter worth $1,178,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on UAA shares. BTIG Research initiated coverage on shares of Under Armour in a research report on Tuesday, October 14th. They issued a “neutral” rating on the stock. Evercore ISI dropped their price target on shares of Under Armour from $5.00 to $4.00 and set an “underperform” rating on the stock in a research note on Friday, November 7th. Wall Street Zen downgraded Under Armour from a “hold” rating to a “sell” rating in a research report on Sunday, December 21st. Rothschild & Co Redburn reissued a “neutral” rating and issued a $6.00 price objective (down from $7.00) on shares of Under Armour in a report on Monday, September 15th. Finally, William Blair upgraded Under Armour to a “hold” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $6.43.

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.