Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Buys 1,769,581 Shares

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 1,769,581 shares of the stock in a transaction on Tuesday, January 20th. The stock was purchased at an average cost of $5.62 per share, with a total value of $9,945,045.22. Following the transaction, the insider directly owned 13,064,622 shares of the company’s stock, valued at $73,423,175.64. This represents a 15.67% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% 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 Wednesday, January 21st, V Prem Et Al Watsa bought 5,000,000 shares of Under Armour stock. The shares were purchased at an average cost of $5.89 per share, for a total transaction of $29,450,000.00.
• On Friday, January 16th, V Prem Et Al Watsa bought 1,837,686 shares of Under Armour stock. The stock was purchased at an average price of $5.60 per share, with a total value of $10,291,041.60.
• On Tuesday, December 30th, V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock. The shares were purchased 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 shares were purchased 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 acquired 1,385,850 shares of Under Armour stock. The stock was purchased 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 acquired at an average cost of $4.55 per share, for a total transaction 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 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 stock was bought at an average price of $4.48 per share, with a total value of $34,671,409.92.

Under Armour Trading Up 7.7%

UAA opened at $6.18 on Thursday. Under Armour, Inc. has a 12-month low of $4.13 and a 12-month high of $8.72. 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 stock has a market capitalization of $2.65 billion, a PE ratio of -29.43, a P/E/G ratio of 6.12 and a beta of 1.81. The firm’s fifty day moving average price is $4.86 and its 200 day moving average price is $5.22.

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

Institutional Investors Weigh In On Under Armour

A number of hedge funds have recently added to or reduced their stakes in UAA. Parallel Advisors LLC boosted its holdings in shares of 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 acquiring an additional 3,352 shares during the period. Laurel Wealth Advisors LLC increased its holdings in shares of Under Armour by 583.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after acquiring an additional 3,498 shares during the period. UMB Bank n.a. lifted its position in Under Armour by 133.8% in the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after purchasing an additional 2,405 shares during the last quarter. Uhlmann Price Securities LLC bought a new stake in Under Armour in the 3rd quarter valued at about $46,000. Finally, State of Wyoming acquired a new position in Under Armour during the 2nd quarter valued at about $44,000. 34.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. BTIG Research started coverage on Under Armour in a research report on Tuesday, October 14th. They issued a “neutral” rating for the company. Argus upgraded Under Armour to a “hold” rating in a research note on Friday, January 16th. Guggenheim upgraded shares of Under Armour to a “strong-buy” rating in a research note on Wednesday, December 10th. Zacks Research raised shares of Under Armour from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. Finally, Truist Financial set a $6.00 price target on shares of Under Armour in a report on Wednesday, January 14th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Under Armour currently has a consensus rating of “Hold” and an average price target of $6.37.

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.