V Prem Et Al Watsa Buys 1,769,581 Shares of Under Armour (NYSE:UA) Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa acquired 1,769,581 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were bought at an average price of $5.62 per share, for a total transaction of $9,945,045.22. Following the acquisition, the insider owned 13,064,622 shares in the company, valued at approximately $73,423,175.64. This trade represents a 15.67% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 Wednesday, January 21st, V Prem Et Al Watsa purchased 5,000,000 shares of Under Armour stock. The stock was bought at an average cost of $5.89 per share, with a total value of $29,450,000.00.
• On Tuesday, December 30th, V Prem Et Al Watsa acquired 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 acquired at an average price 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 shares were bought 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 acquired 1,313,881 shares of Under Armour stock. The shares were acquired 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 stock was 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 acquired 7,739,154 shares of Under Armour stock. The shares were purchased at an average cost of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Stock Performance

UA traded up $0.46 during trading on Wednesday, reaching $6.09. 20,782,701 shares of the company’s stock were exchanged, compared to its average volume of 5,720,173. Under Armour, Inc. has a fifty-two week low of $3.95 and a fifty-two week high of $7.85. The company has a quick ratio of 1.10, a current ratio of 1.69 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average price of $4.67 and a 200 day moving average price of $5.02. The company has a market capitalization of $2.61 billion, a P/E ratio of -28.99 and a beta of 1.73.

Under Armour (NYSE:UA) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Institutional Trading of Under Armour

Hedge funds have recently made changes to their positions in the company. Tidal Investments LLC raised its holdings in Under Armour by 2.1% during the 2nd quarter. Tidal Investments LLC now owns 110,954 shares of the company’s stock worth $720,000 after purchasing an additional 2,255 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Under Armour by 4.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 55,508 shares of the company’s stock valued at $360,000 after acquiring an additional 2,291 shares during the last quarter. Osaic Holdings Inc. increased its holdings in Under Armour by 6.8% during the second quarter. Osaic Holdings Inc. now owns 35,932 shares of the company’s stock worth $233,000 after buying an additional 2,295 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Under Armour by 361.9% during the 2nd quarter. UMB Bank n.a. now owns 4,102 shares of the company’s stock worth $27,000 after purchasing an additional 3,214 shares during the last quarter. Finally, Laurel Wealth Advisors LLC raised its stake in Under Armour by 549.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,920 shares of the company’s stock valued at $25,000 after acquiring an additional 3,316 shares during the period. 36.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Under Armour in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Under Armour presently has an average rating of “Sell”.

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.