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

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa purchased 1,385,850 shares of Under Armour stock in a transaction on Friday, December 26th. The shares were acquired at an average price of $4.58 per share, for a total transaction 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 approximately $131,405,004.42. The trade was a 5.08% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large 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 acquired 2,497,826 shares of Under Armour stock. The stock was acquired at an average price of $4.66 per share, with a total value of $11,639,869.16.
• On Wednesday, December 24th, V Prem Et Al Watsa bought 1,313,881 shares of Under Armour stock. The shares were acquired 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 purchased 2,745,253 shares of Under Armour stock. The stock was acquired 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 bought at an average cost of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Trading Up 2.7%

Shares of NYSE UAA traded up $0.13 during midday trading on Monday, reaching $4.78. The company had a trading volume of 11,289,935 shares, compared to its average volume of 9,925,514. The stock has a market cap of $2.05 billion, a PE ratio of -22.74, a price-to-earnings-growth ratio of 4.96 and a beta of 1.83. Under Armour, Inc. has a one year low of $4.13 and a one year high of $8.72. The firm’s fifty day moving average price is $4.54 and its 200-day moving average price is $5.35. The company has a quick ratio of 1.10, a current ratio of 1.69 and a debt-to-equity ratio of 0.32.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the company earned $0.39 EPS. Under Armour’s revenue for the quarter was down 4.7% compared to the same quarter last year. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, equities research analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on UAA shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a research report on Monday, December 22nd. Evercore ISI lowered their price objective on shares of Under Armour from $5.00 to $4.00 and set an “underperform” rating for the company in a research note on Friday, November 7th. William Blair raised Under Armour to a “hold” rating in a research note on Thursday, November 6th. Rothschild Redb downgraded Under Armour from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Finally, Rothschild & Co Redburn reiterated a “neutral” rating and issued a $6.00 price objective (down previously from $7.00) on shares of Under Armour in a report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $6.43.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC boosted its position in shares of Under Armour by 620.7% during the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after purchasing an additional 3,352 shares in the last quarter. Laurel Wealth Advisors LLC lifted its position in Under Armour by 583.0% during the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock valued at $28,000 after buying an additional 3,498 shares during the period. UMB Bank n.a. boosted its holdings in shares of Under Armour by 133.8% during the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after buying an additional 2,405 shares in the last quarter. Twin Tree Management LP purchased a new stake in shares of Under Armour in the 1st quarter worth about $44,000. Finally, Neo Ivy Capital Management purchased a new stake in shares of Under Armour in the 2nd quarter worth about $44,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Company Profile

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.