Under Armour (NYSE:UA) Major Shareholder V Prem Et Al Watsa Buys 438,723 Shares

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

Under Armour Stock Down 0.7%

Under Armour stock opened at $4.96 on Friday. Under Armour, Inc. has a twelve month low of $3.95 and a twelve month high of $7.91. The firm has a 50 day moving average price of $5.99 and a 200-day moving average price of $5.56. The company has a market capitalization of $2.11 billion, a P/E ratio of -4.27 and a beta of 1.65. The company has a quick ratio of 0.92, a current ratio of 1.62 and a debt-to-equity ratio of 0.42.

Under Armour (NYSE:UA) last released its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. 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. As a group, equities analysts predict that Under Armour, Inc. will post 0.24 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio boosted its holdings in Under Armour by 10.5% in the 1st quarter. Public Employees Retirement System of Ohio now owns 62,104 shares of the company’s stock worth $360,000 after buying an additional 5,887 shares during the period. Sei Investments Co. boosted its holdings in Under Armour by 127.6% in the 1st quarter. Sei Investments Co. now owns 37,042 shares of the company’s stock worth $214,000 after buying an additional 20,770 shares during the period. Lido Advisors LLC purchased a new stake in Under Armour in the 1st quarter worth approximately $166,000. Dimensional Fund Advisors LP lifted its stake in Under Armour by 6.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 11,518,415 shares of the company’s stock worth $66,688,000 after purchasing an additional 716,815 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Under Armour by 1.2% in the 1st quarter. Bank of New York Mellon Corp now owns 714,026 shares of the company’s stock worth $4,134,000 after purchasing an additional 8,163 shares in the last quarter. 36.35% of the stock is owned by institutional investors.

Key Under Armour News

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

• Positive Sentiment: Under Armour said it expects fiscal 2027 adjusted operating income of $140 million to $160 million and gross margin expansion of 220 to 270 basis points, which suggests some cost and margin improvement ahead. Article Title
• Neutral Sentiment: The company’s Q4 2026 earnings transcript was released, giving investors more detail on management’s comments and outlook after the results. Article Title
• Neutral Sentiment: Under Armour also posted press releases through its investor relations feed, but no major new catalyst was highlighted in the available item. Article Title
• Negative Sentiment: Evercore ISI initiated/maintained a Sell view on Under Armour, adding to the bearish tone around the stock. Article Title
• Negative Sentiment: Stifel also downgraded Under Armour, reinforcing concerns that the company’s recovery is taking longer than expected. Article Title
• Negative Sentiment: Recent coverage says Under Armour is facing another weak year as North America struggles, and the shares fell after the company’s earnings miss and weak guidance. Article Title
• Negative Sentiment: Analysts and commentators also pointed to revenue continuing to trend lower in fiscal 2027, which suggests the turnaround is still incomplete and may pressure the stock further. Article Title

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Citigroup downgraded shares of Under Armour from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 10th. Zacks Research raised shares of Under Armour to a “hold” rating in a research report on Wednesday, March 11th. Robert W. Baird set a $5.50 target price on shares of Under Armour in a research report on Wednesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Sell” and a consensus target price of $5.50.

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.