Under Armour (NYSE:UAA) Major Shareholder V Prem Et Al Watsa Buys 5,000,000 Shares

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 5,000,000 shares of Under Armour stock in a transaction that occurred on Wednesday, January 21st. The shares were purchased at an average price of $5.89 per share, for a total transaction of $29,450,000.00. Following the completion of the purchase, the insider directly owned 18,064,622 shares of the company’s stock, valued at $106,400,623.58. The trade was a 38.27% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% 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 Tuesday, January 20th, V Prem Et Al Watsa bought 1,769,581 shares of Under Armour stock. The shares were acquired at an average price of $5.62 per share, with a total value of $9,945,045.22.
• On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The stock was acquired at an average price 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 acquired 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 purchased 2,497,826 shares of Under Armour stock. The stock was 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 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 acquired 1,313,881 shares of Under Armour stock. The shares were acquired at an average price of $4.55 per share, for a total transaction 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, for a total transaction of $12,381,091.03.
• On Monday, December 22nd, V Prem Et Al Watsa bought 7,739,154 shares of Under Armour stock. The stock was bought at an average price of $4.48 per share, with a total value of $34,671,409.92.

Under Armour Stock Performance

Shares of NYSE:UAA traded up $0.44 during trading on Wednesday, hitting $6.18. 17,171,684 shares of the company traded hands, compared to its average volume of 11,850,109. The company has a quick ratio of 1.10, a current ratio of 1.69 and a debt-to-equity ratio of 0.32. The business’s fifty day moving average is $4.86 and its 200-day moving average is $5.22. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 95.67, a PEG ratio of 6.12 and a beta of 1.81. Under Armour, Inc. has a one year low of $4.13 and a one year high of $8.72.

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, topping the consensus estimate of $0.03 by $0.01. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The business’s revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. As a group, equities analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on UAA. Citigroup lowered 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 report on Tuesday, October 21st. BTIG Research initiated coverage on shares of Under Armour in a research note on Tuesday, October 14th. They set a “neutral” rating for the company. William Blair upgraded shares of Under Armour to a “hold” rating in a research note on Thursday, November 6th. Evercore ISI cut their price target on Under Armour from $5.00 to $4.00 and set an “underperform” rating on the stock in a report on Friday, November 7th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a report on Monday, December 29th. Two equities research 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 assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $6.37.

Institutional Trading of Under Armour

A number of hedge funds have recently made changes to their positions in UAA. Oak Thistle LLC bought a new position in shares of Under Armour in the fourth quarter worth about $760,000. Portside Wealth Group LLC bought a new position in Under Armour in the fourth quarter worth $52,000. Norden Group LLC bought a new stake in Under Armour in the 4th quarter valued at $152,000. Wedmont Private Capital grew its position in Under Armour by 229.0% in the fourth quarter. Wedmont Private Capital now owns 35,969 shares of the company’s stock valued at $179,000 after acquiring an additional 25,037 shares during the period. Finally, Ovata Capital Management Ltd acquired a new position in Under Armour during the third quarter worth $6,980,000. 34.58% of the stock is owned by hedge funds and other institutional investors.

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.