Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Acquires 7,739,154 Shares

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa bought 7,739,154 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were bought at an average price of $4.48 per share, with a total value of $34,671,409.92. Following the purchase, the insider owned 24,691,049 shares in the company, valued at $110,615,899.52. The trade was a 45.65% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 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 Monday, December 29th, V Prem Et Al Watsa purchased 2,497,826 shares of Under Armour stock. The stock was bought 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 shares were bought at an average price 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 purchased 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 bought 2,745,253 shares of Under Armour stock. The shares were purchased at an average price of $4.51 per share, for a total transaction of $12,381,091.03.

Under Armour Stock Performance

NYSE:UAA traded up $0.13 during mid-day trading on Monday, hitting $4.78. 11,289,935 shares of the stock were exchanged, compared to its average volume of 9,925,514. 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 firm’s 50-day simple moving average is $4.54 and its 200 day simple moving average is $5.35. Under Armour, Inc. has a fifty-two week low of $4.13 and a fifty-two week high of $8.72. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of -22.74, a price-to-earnings-growth ratio of 4.96 and a beta of 1.83.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on UAA. Wall Street Zen cut shares of Under Armour from a “hold” rating to a “sell” rating in a report on Sunday, December 21st. Rothschild & Co Redburn reissued a “neutral” rating and set a $6.00 price target (down previously from $7.00) on shares of Under Armour in a research report on Monday, September 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Under Armour in a research note on Monday, December 22nd. Telsey Advisory Group set a $5.00 target price on Under Armour in a research report on Friday, November 14th. Finally, Rothschild Redb lowered Under Armour from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $6.43.

Institutional Trading of Under Armour

Institutional investors and hedge funds have recently modified their holdings of the business. Marshall Wace LLP grew its position in Under Armour by 113.8% in the third quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock valued at $31,420,000 after acquiring an additional 3,351,976 shares during the last quarter. Whitebox Advisors LLC acquired a new stake in shares of Under Armour in the 3rd quarter valued at approximately $11,237,000. Fort Baker Capital Management LP bought a new stake in shares of Under Armour during the 3rd quarter valued at approximately $8,624,000. Jupiter Asset Management Ltd. increased its position in Under Armour by 249.4% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,379,513 shares of the company’s stock worth $16,252,000 after purchasing an additional 1,698,467 shares in the last quarter. Finally, Norges Bank bought a new position in Under Armour in the 2nd quarter valued at approximately $9,918,000. 34.58% of the stock is currently owned by institutional investors.

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.