Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Buys 1,112,119 Shares

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 1,112,119 shares of Under Armour stock in a transaction on Wednesday, January 28th. The shares were bought at an average cost of $6.21 per share, with a total value of $6,906,258.99. Following the completion of the purchase, the insider owned 43,000,872 shares in the company, valued at $267,035,415.12. The trade was a 2.65% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own 10% or more 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 Tuesday, January 27th, V Prem Et Al Watsa bought 1,528,986 shares of Under Armour stock. The stock was bought at an average cost of $6.24 per share, for a total transaction of $9,540,872.64.
• On Monday, January 26th, V Prem Et Al Watsa acquired 995,896 shares of Under Armour stock. The stock was purchased at an average price of $6.21 per share, for a total transaction of $6,184,514.16.
• On Friday, January 23rd, V Prem Et Al Watsa bought 928,397 shares of Under Armour stock. The stock was purchased at an average cost of $6.15 per share, for a total transaction of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa acquired 411,057 shares of Under Armour stock. The stock was acquired at an average cost of $6.15 per share, for a total transaction of $2,528,000.55.
• On Wednesday, January 21st, V Prem Et Al Watsa purchased 5,000,000 shares of Under Armour stock. The stock was acquired at an average price of $5.89 per share, for a total transaction of $29,450,000.00.
• On Tuesday, January 20th, V Prem Et Al Watsa bought 1,769,581 shares of Under Armour stock. The shares were bought at an average price of $5.62 per share, for a total transaction of $9,945,045.22.
• On Friday, January 16th, V Prem Et Al Watsa acquired 1,837,686 shares of Under Armour stock. The shares were bought at an average cost of $5.60 per share, for a total transaction of $10,291,041.60.
• On Tuesday, December 30th, V Prem Et Al Watsa bought 13,182,469 shares of Under Armour stock. The stock was bought 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 purchased 1,385,850 shares of Under Armour stock. The stock was purchased at an average price of $4.58 per share, for a total transaction of $6,347,193.00.

Under Armour Price Performance

UAA stock traded down $0.02 during midday trading on Thursday, hitting $6.06. 9,653,821 shares of the stock were exchanged, compared to its average volume of 13,363,043. The stock’s 50-day moving average price is $5.05 and its 200-day moving average price is $5.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.10 and a current ratio of 1.69. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of -28.83, a PEG ratio of 6.45 and a beta of 1.81. Under Armour, Inc. has a fifty-two week low of $4.13 and a fifty-two week high of $8.72.

Under Armour (NYSE:UAA) last posted its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.Under Armour’s revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 earnings per share. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Research analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Hedge Funds Weigh In On Under Armour

Several large investors have recently added to or reduced their stakes in UAA. Panagora Asset Management Inc. raised its holdings in Under Armour by 11.3% in the second quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company’s stock valued at $164,000 after buying an additional 2,440 shares during the period. HUB Investment Partners LLC increased its position in shares of Under Armour by 12.9% in the second quarter. HUB Investment Partners LLC now owns 21,810 shares of the company’s stock worth $149,000 after acquiring an additional 2,489 shares in the last quarter. M&T Bank Corp increased its position in shares of Under Armour by 23.2% in the second quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock worth $91,000 after acquiring an additional 2,504 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its stake in shares of Under Armour by 4.5% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 71,967 shares of the company’s stock valued at $492,000 after acquiring an additional 3,094 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Under Armour by 13.4% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 28,514 shares of the company’s stock valued at $195,000 after acquiring an additional 3,378 shares in the last quarter. 34.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UAA has been the topic of several research reports. Zacks Research upgraded shares of Under Armour from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 6th. Truist Financial set a $6.00 target price on Under Armour in a report on Wednesday, January 14th. UBS Group reissued a “buy” rating on shares of Under Armour in a report on Friday, January 2nd. Citigroup reaffirmed a “neutral” rating and set a $6.20 price objective (up previously from $5.00) on shares of Under Armour in a research note on Friday, January 23rd. Finally, Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $6.44.

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.