Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Purchases 2,745,253 Shares

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa bought 2,745,253 shares of Under Armour stock in a transaction dated Tuesday, December 23rd. The stock was acquired at an average cost of $4.51 per share, for a total transaction of $12,381,091.03. Following the purchase, the insider directly owned 26,815,501 shares in the company, valued at approximately $120,937,909.51. The trade was a 11.41% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large 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 Monday, December 29th, V Prem Et Al Watsa purchased 2,497,826 shares of Under Armour stock. The shares were acquired at an average cost of $4.66 per share, with a total value 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, for a total transaction of $6,347,193.00.
• On Wednesday, December 24th, V Prem Et Al Watsa acquired 1,313,881 shares of Under Armour stock. The stock was acquired at an average cost of $4.55 per share, for a total transaction of $5,978,158.55.
• On Monday, December 22nd, V Prem Et Al Watsa bought 7,739,154 shares of Under Armour stock. The shares were acquired at an average cost of $4.48 per share, with a total value of $34,671,409.92.

Under Armour Trading Up 2.7%

Shares of Under Armour stock traded up $0.13 on Monday, hitting $4.78. 11,289,935 shares of the company’s stock traded hands, compared to its average volume of 9,925,514. The firm’s 50-day moving average price is $4.54 and its two-hundred day moving average price is $5.35. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.10. The stock has a market capitalization 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.

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. The firm’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. On average, research analysts expect that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on UAA shares. UBS Group reissued a “buy” rating and issued a $8.00 price target (up previously from $7.50) on shares of Under Armour in a research note on Friday, November 7th. Citigroup cut their price target on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, October 21st. Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $6.00 price objective (down from $7.00) on shares of Under Armour in a research report on Monday, September 15th. Guggenheim raised Under Armour to a “strong-buy” rating in a report on Wednesday, December 10th. Finally, William Blair upgraded Under Armour to a “hold” rating in a research note on Thursday, November 6th. One investment 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 issued a Sell rating to the company. According to data from MarketBeat, Under Armour has an average rating of “Hold” and an average price target of $6.43.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UAA. Hsbc Holdings PLC boosted its holdings in shares of Under Armour by 128.8% in the 1st quarter. Hsbc Holdings PLC now owns 19,729 shares of the company’s stock valued at $122,000 after purchasing an additional 88,315 shares in the last quarter. Twin Tree Management LP bought a new stake in shares of Under Armour during the 1st quarter worth $44,000. Graham Capital Management L.P. acquired a new stake in Under Armour in the first quarter valued at about $1,690,000. Royal Bank of Canada boosted its stake in Under Armour by 5.3% in the first quarter. Royal Bank of Canada now owns 1,158,649 shares of the company’s stock valued at $7,242,000 after buying an additional 58,701 shares in the last quarter. Finally, Maverick Capital Ltd. grew its position in Under Armour by 1,104.6% in the first quarter. Maverick Capital Ltd. now owns 734,831 shares of the company’s stock valued at $4,593,000 after acquiring an additional 673,829 shares during the last quarter. 34.58% of the stock is owned by institutional investors and hedge funds.

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.