Under Armour (NYSE:UA) Major Shareholder V Prem Et Al Watsa Acquires 1,112,119 Shares

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa purchased 1,112,119 shares of the firm’s stock in a transaction on Wednesday, January 28th. The shares were acquired at an average price of $6.21 per share, with a total value of $6,906,258.99. Following the completion of the acquisition, the insider owned 43,000,872 shares in the company, valued at approximately $267,035,415.12. This trade represents a 2.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 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 27th, V Prem Et Al Watsa bought 1,528,986 shares of Under Armour stock. The shares were acquired at an average price of $6.24 per share, for a total transaction of $9,540,872.64.
• On Monday, January 26th, V Prem Et Al Watsa bought 995,896 shares of Under Armour stock. The shares were acquired 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 stock was acquired at an average price of $6.15 per share, with a total value of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa purchased 411,057 shares of Under Armour stock. The stock was acquired at an average cost of $6.15 per share, for a total transaction of $2,528,000.55.
• On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The shares were acquired at an average price of $5.60 per share, for a total transaction of $10,291,041.60.
• On Wednesday, January 21st, V Prem Et Al Watsa acquired 5,000,000 shares of Under Armour stock. The shares were bought at an average cost of $5.89 per share, with a total value of $29,450,000.00.
• On Tuesday, January 20th, V Prem Et Al Watsa bought 1,769,581 shares of Under Armour stock. The shares were bought at an average price of $5.62 per share, for a total transaction of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa bought 13,182,469 shares of Under Armour stock. The shares were bought at an average cost of $5.12 per share, for a total transaction 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 bought at an average price 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 bought at an average price of $4.58 per share, for a total transaction of $6,347,193.00.

Under Armour Stock Down 0.9%

Shares of UA stock traded down $0.06 on Thursday, reaching $5.93. 3,471,055 shares of the company were exchanged, compared to its average volume of 7,531,839. The company has a market cap of $2.54 billion, a price-to-earnings ratio of -28.21 and a beta of 1.73. The company has a 50-day moving average of $4.86 and a 200-day moving average of $5.01. 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 one year low of $3.95 and a one year high of $7.85.

Under Armour (NYSE:UA) last issued its 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 business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Hedge Funds Weigh In On Under Armour

Several hedge funds have recently modified their holdings of UA. Camelot Portfolios LLC bought a new position in shares of Under Armour during the 4th quarter valued at approximately $80,000. Vanguard Group Inc. raised its holdings in shares of Under Armour by 5.6% in the 4th quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company’s stock worth $75,502,000 after purchasing an additional 831,186 shares during the period. HB Wealth Management LLC lifted its stake in Under Armour by 56.5% in the fourth quarter. HB Wealth Management LLC now owns 18,277 shares of the company’s stock valued at $88,000 after purchasing an additional 6,595 shares during the last quarter. Optas LLC purchased a new position in Under Armour in the fourth quarter valued at approximately $58,000. Finally, CWM LLC grew its holdings in Under Armour by 94.7% during the fourth quarter. CWM LLC now owns 11,685 shares of the company’s stock valued at $56,000 after purchasing an additional 5,682 shares during the period. Institutional investors own 36.35% of the company’s stock.

Analyst Ratings Changes

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

About Under Armour

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.