Insider Buying: Under Armour (NYSE:UA) Major Shareholder Purchases 1,385,850 Shares of Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa purchased 1,385,850 shares of Under Armour stock in a transaction dated Friday, December 26th. The stock was bought at an average cost of $4.58 per share, with a total value of $6,347,193.00. Following the completion of the transaction, the insider directly owned 28,691,049 shares of the company’s stock, valued at $131,405,004.42. This represents a 5.08% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

V Prem Et Al Watsa also recently made the following trade(s):

• On Monday, December 29th, V Prem Et Al Watsa acquired 2,497,826 shares of Under Armour stock. The shares were bought at an average cost of $4.66 per share, for a total transaction of $11,639,869.16.
• On Wednesday, December 24th, V Prem Et Al Watsa bought 1,313,881 shares of Under Armour stock. The stock was bought at an average price of $4.55 per share, with a total value 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 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 cost of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Stock Up 2.6%

Shares of NYSE:UA traded up $0.12 during midday trading on Monday, hitting $4.55. 4,948,351 shares of the stock were exchanged, compared to its average volume of 4,696,758. The company has a market capitalization of $1.95 billion, a PE ratio of -21.64 and a beta of 1.74. Under Armour, Inc. has a 52-week low of $3.95 and a 52-week high of $7.85. 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 business’s fifty day simple moving average is $4.35 and its two-hundred day simple moving average is $5.13.

Under Armour (NYSE:UA) last issued its 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 positive return on equity of 1.27% and a negative net margin of 1.74%.The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in UA. Laurel Wealth Advisors LLC grew its stake in shares of Under Armour by 549.0% in the second quarter. Laurel Wealth Advisors LLC now owns 3,920 shares of the company’s stock worth $25,000 after acquiring an additional 3,316 shares during the last quarter. UMB Bank n.a. grew its position in Under Armour by 361.9% in 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. AlphaCore Capital LLC bought a new position in shares of Under Armour during the 3rd quarter worth about $41,000. First Business Financial Services Inc. bought a new position in shares of Under Armour during the 3rd quarter worth about $48,000. Finally, Keel Point LLC acquired a new position in shares of Under Armour during the third quarter valued at about $52,000. 36.35% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a research report on Monday, December 15th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus 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.