Under Armour (NYSE:UAA) Major Shareholder Acquires $9,945,045.22 in Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 1,769,581 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The stock was acquired at an average price of $5.62 per share, with a total value of $9,945,045.22. Following the acquisition, the insider owned 13,064,622 shares in the company, valued at $73,423,175.64. The trade was a 15.67% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 Wednesday, January 21st, V Prem Et Al Watsa purchased 5,000,000 shares of Under Armour stock. The shares were purchased at an average price of $5.89 per share, with a total value of $29,450,000.00.
• On Friday, January 16th, V Prem Et Al Watsa acquired 1,837,686 shares of Under Armour stock. The stock was acquired at an average cost of $5.60 per share, for a total transaction of $10,291,041.60.
• On Tuesday, December 30th, V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock. The stock was bought at an average cost of $5.12 per share, with a total value of $67,494,241.28.
• On Monday, December 29th, V Prem Et Al Watsa bought 2,497,826 shares of Under Armour stock. The stock was purchased at an average price 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 shares were 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 bought 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 bought 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 stock was bought at an average cost of $4.48 per share, for a total transaction of $34,671,409.92.

Under Armour Stock Performance

Shares of UAA traded up $0.44 during mid-day trading on Wednesday, hitting $6.18. The stock had a trading volume of 17,171,684 shares, compared to its average volume of 11,850,109. The firm has a market cap of $2.65 billion, a P/E ratio of -29.43, a PEG ratio of 6.12 and a beta of 1.81. 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 business has a fifty day moving average price of $4.86 and a 200-day moving average price of $5.22. Under Armour, Inc. has a 52 week low of $4.13 and a 52 week high of $8.72.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The firm’s quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, equities research analysts expect that Under Armour, Inc. will post 0.3 EPS for the current year.

Hedge Funds Weigh In On Under Armour

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

Analyst Upgrades and Downgrades

UAA has been the topic of a number of analyst reports. BTIG Research began coverage on Under Armour in a research note on Tuesday, October 14th. They issued a “neutral” rating on the stock. Argus upgraded Under Armour to a “hold” rating in a research report on Friday, January 16th. Wall Street Zen raised shares of Under Armour from a “sell” rating to a “hold” rating in a research note on Saturday. Citigroup dropped their price target on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 21st. Finally, UBS Group restated a “buy” rating on shares of Under Armour in a research note on Friday, January 2nd. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Under Armour presently has an average rating of “Hold” and an average target price of $6.37.

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.