Under Armour (NYSE:UAA) Major Shareholder Acquires $67,494,241.28 in Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock in a transaction that occurred on Tuesday, December 30th. The shares were purchased at an average cost of $5.12 per share, with a total value of $67,494,241.28. Following the transaction, the insider directly owned 41,958,923 shares of the company’s stock, valued at $214,829,685.76. This represents a 45.81% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own at least 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 Monday, December 29th, V Prem Et Al Watsa acquired 2,497,826 shares of Under Armour stock. The stock was acquired 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 bought 1,385,850 shares of Under Armour stock. The stock was acquired 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 stock was acquired 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 purchased 2,745,253 shares of Under Armour stock. The shares were acquired at an average cost of $4.51 per share, for a total transaction 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 acquired at an average cost of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Stock Performance

NYSE UAA traded up $0.32 during trading hours on Friday, hitting $5.29. The company’s stock had a trading volume of 14,559,161 shares, compared to its average volume of 11,695,074. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $8.72. The company’s 50 day simple moving average is $4.55 and its two-hundred day simple moving average is $5.34. 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 company has a market cap of $2.27 billion, a P/E ratio of -25.17, a price-to-earnings-growth ratio of 5.30 and a beta of 1.81.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter last year, the firm posted $0.39 EPS. The business’s quarterly 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. As a group, sell-side analysts expect that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Institutional Trading of Under Armour

Hedge funds have recently bought and sold shares of the stock. Marshall Wace LLP increased its position in Under Armour by 113.8% in the third quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock worth $31,420,000 after buying an additional 3,351,976 shares in the last quarter. Whitebox Advisors LLC bought a new position in shares of Under Armour during the 3rd quarter valued at approximately $11,237,000. Fort Baker Capital Management LP purchased a new stake in Under Armour in the 3rd quarter worth approximately $8,624,000. Jupiter Asset Management Ltd. raised its stake in Under Armour by 249.4% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,379,513 shares of the company’s stock worth $16,252,000 after acquiring an additional 1,698,467 shares during the period. Finally, Norges Bank bought a new stake in Under Armour during the 2nd quarter worth approximately $9,918,000. Institutional investors own 34.58% of the company’s stock.

Analysts Set New Price Targets

UAA has been the subject of a number of research reports. Rothschild Redb lowered shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Wall Street Zen lowered Under Armour from a “hold” rating to a “sell” rating in a report on Sunday, December 21st. Rothschild & Co Redburn reiterated a “neutral” rating and set a $6.00 price objective (down previously from $7.00) on shares of Under Armour in a research report on Monday, September 15th. Citigroup lowered their target price on Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Finally, Guggenheim raised Under Armour to a “strong-buy” rating in a research report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $6.43.

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.