Under Armour (NYSE:UA) Major Shareholder Purchases 411,057 Shares

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa purchased 411,057 shares of the stock in a transaction that occurred on Thursday, January 22nd. The stock was bought at an average price of $6.15 per share, with a total value of $2,528,000.55. Following the completion of the acquisition, the insider owned 18,475,679 shares in the company, valued at $113,625,425.85. This represents a 2.28% increase in their position. The transaction was disclosed in a document filed with the SEC, 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, January 26th, V Prem Et Al Watsa bought 995,896 shares of Under Armour stock. The stock was bought at an average cost of $6.21 per share, with a total value of $6,184,514.16.
• On Friday, January 23rd, V Prem Et Al Watsa bought 928,397 shares of Under Armour stock. The shares were bought at an average price of $6.15 per share, for a total transaction of $5,709,641.55.
• On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The shares were bought 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 purchased 5,000,000 shares of Under Armour stock. The stock was bought at an average price of $5.89 per share, with a total value of $29,450,000.00.
• On Tuesday, January 20th, V Prem Et Al Watsa acquired 1,769,581 shares of Under Armour stock. The stock was 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 acquired 13,182,469 shares of Under Armour stock. The shares were purchased at an average price of $5.12 per share, for a total transaction of $67,494,241.28.
• On Monday, December 29th, V Prem Et Al Watsa bought 2,497,826 shares of Under Armour stock. The shares were purchased 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 purchased 1,385,850 shares of Under Armour stock. The shares were purchased at an average cost of $4.58 per share, with a total value of $6,347,193.00.
• On Wednesday, December 24th, V Prem Et Al Watsa purchased 1,313,881 shares of Under Armour stock. The shares were 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 acquired 2,745,253 shares of Under Armour stock. The stock was purchased at an average cost of $4.51 per share, with a total value of $12,381,091.03.

Under Armour Price Performance

Shares of Under Armour stock remained flat at $6.21 during trading hours on Monday. The stock had a trading volume of 4,692,165 shares, compared to its average volume of 7,857,859. Under Armour, Inc. has a 12 month low of $3.95 and a 12 month high of $7.85. The stock has a market cap of $2.66 billion, a P/E ratio of -29.57 and a beta of 1.73. 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 stock has a fifty day moving average of $4.74 and a 200 day moving average of $5.01.

Under Armour (NYSE:UA) last issued its quarterly 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 during 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.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in Under Armour during the 2nd quarter worth $18,920,000. BDT Capital Partners LLC lifted its stake in Under Armour by 4.9% in the second quarter. BDT Capital Partners LLC now owns 62,463,879 shares of the company’s stock valued at $405,391,000 after buying an additional 2,898,561 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Under Armour by 153.7% during the third quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock valued at $11,336,000 after acquiring an additional 1,421,981 shares during the period. Corient Private Wealth LLC grew its position in shares of Under Armour by 99.8% during the second quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company’s stock worth $13,018,000 after acquiring an additional 1,002,037 shares during the last quarter. Finally, Quinn Opportunity Partners LLC increased its holdings in shares of Under Armour by 1,100.0% in the 3rd quarter. Quinn Opportunity Partners LLC now owns 720,000 shares of the company’s stock worth $3,478,000 after acquiring an additional 660,000 shares during the period. Institutional investors and hedge funds 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.