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

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa purchased 1,112,119 shares of the firm’s stock in a transaction on Wednesday, January 28th. The stock was bought at an average cost of $6.21 per share, for a total transaction of $6,906,258.99. Following the completion of the purchase, the insider directly owned 43,000,872 shares in the company, valued at approximately $267,035,415.12. This trade represents a 2.65% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock 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 acquired 1,528,986 shares of Under Armour stock. The shares were bought at an average cost of $6.24 per share, with a total value of $9,540,872.64.
• On Monday, January 26th, V Prem Et Al Watsa bought 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 purchased 411,057 shares of Under Armour stock. The shares were purchased at an average cost of $6.15 per share, with a total value of $2,528,000.55.
• On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The stock was purchased at an average cost of $5.60 per share, for a total transaction of $10,291,041.60.
• On Wednesday, January 21st, V Prem Et Al Watsa acquired 5,000,000 shares of Under Armour stock. The stock was purchased 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 acquired 1,769,581 shares of Under Armour stock. The shares were purchased at an average cost of $5.62 per share, with a total value of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa bought 13,182,469 shares of Under Armour stock. The stock was acquired at an average cost of $5.12 per share, for a total transaction 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 acquired 1,385,850 shares of Under Armour stock. The stock was acquired at an average price of $4.58 per share, with a total value of $6,347,193.00.

Under Armour Price Performance

Shares of UA stock opened at $5.93 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.10 and a current ratio of 1.69. Under Armour, Inc. has a fifty-two week low of $3.95 and a fifty-two week high of $7.85. The firm has a market cap of $2.54 billion, a P/E ratio of -28.21 and a beta of 1.73. The business’s 50 day moving average price is $4.90 and its 200-day moving average price is $5.01.

Under Armour (NYSE:UA) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. The company had revenue of $1.33 billion during 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 has set its FY 2026 guidance at 0.030-0.050 EPS.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Under Armour in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Under Armour has a consensus rating of “Sell”.

Institutional Trading of Under Armour

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank purchased a new position in Under Armour during the second quarter valued at $18,920,000. BDT Capital Partners LLC increased its holdings in shares of Under Armour by 4.9% during the second quarter. BDT Capital Partners LLC now owns 62,463,879 shares of the company’s stock valued at $405,391,000 after acquiring an additional 2,898,561 shares in the last quarter. Millennium Management LLC raised its position in shares of Under Armour by 153.7% in the 3rd quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock worth $11,336,000 after purchasing an additional 1,421,981 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Under Armour by 99.8% in the 2nd quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company’s stock worth $13,018,000 after purchasing an additional 1,002,037 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Under Armour by 5.6% during the 4th quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company’s stock valued at $75,502,000 after purchasing an additional 831,186 shares during the last quarter. Hedge funds and other institutional investors own 36.35% of the company’s stock.

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.