V Prem Et Al Watsa Purchases 2,497,826 Shares of Under Armour (NYSE:UAA) Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa purchased 2,497,826 shares of the firm’s stock in a transaction that occurred on Monday, December 29th. The stock was bought at an average cost of $4.66 per share, with a total value of $11,639,869.16. Following the completion of the purchase, the insider owned 30,454,445 shares of the company’s stock, valued at $141,917,713.70. This represents a 8.93% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Friday, December 26th, V Prem Et Al Watsa purchased 1,385,850 shares of Under Armour stock. The stock was bought 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 bought 1,313,881 shares of Under Armour stock. The stock was acquired at an average cost of $4.55 per share, with a total value of $5,978,158.55.
• On Tuesday, December 23rd, V Prem Et Al Watsa acquired 2,745,253 shares of Under Armour stock. The shares were purchased at an average price of $4.51 per share, with a total value of $12,381,091.03.
• 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 Stock Performance

Shares of NYSE:UAA traded up $0.13 during mid-day trading on Monday, reaching $4.78. 11,289,935 shares of the company traded hands, compared to its average volume of 9,925,514. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.10. Under Armour, Inc. has a 52 week low of $4.13 and a 52 week high of $8.72. The firm has a market cap of $2.05 billion, a PE ratio of -22.74, a PEG ratio of 4.96 and a beta of 1.83. The company’s 50 day moving average price is $4.54 and its 200-day moving average price is $5.35.

Under Armour (NYSE:UAA) last issued its 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 firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the previous year, the firm posted $0.39 earnings per share. The business’s revenue 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 analysts expect that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on UAA shares. William Blair raised Under Armour to a “hold” rating in a research report on Thursday, November 6th. UBS Group restated a “buy” rating and set a $8.00 price target (up previously from $7.50) on shares of Under Armour in a research note on Friday, November 7th. BTIG Research initiated coverage on Under Armour in a report on Tuesday, October 14th. They issued a “neutral” rating for the company. Citigroup dropped their target price on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Finally, Rothschild & Co Redburn restated a “neutral” rating and issued a $6.00 price target (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 given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $6.43.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC grew its stake 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 worth $27,000 after acquiring an additional 3,352 shares during the last quarter. Laurel Wealth Advisors LLC grew its position in Under Armour by 583.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after purchasing an additional 3,498 shares during the last quarter. UMB Bank n.a. grew its position in Under Armour by 133.8% during the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock worth $29,000 after purchasing an additional 2,405 shares during the last quarter. Uhlmann Price Securities LLC acquired a new position in Under Armour during the 3rd quarter valued at approximately $46,000. Finally, State of Wyoming purchased a new position in shares of Under Armour in the second quarter worth $44,000. 34.58% of the stock is owned by institutional investors and hedge funds.

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.