Insider Buying: Under Armour (NYSE:UA) Major Shareholder Purchases 995,896 Shares of Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa bought 995,896 shares of the company’s stock in a transaction on Monday, January 26th. The shares were acquired at an average cost of $6.21 per share, for a total transaction of $6,184,514.16. Following the completion of the acquisition, the insider directly owned 42,224,581 shares of the company’s stock, valued at $262,214,648.01. This trade represents a 2.42% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Friday, January 23rd, V Prem Et Al Watsa bought 928,397 shares of Under Armour stock. The stock was acquired at an average cost of $6.15 per share, for a total transaction of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa acquired 411,057 shares of Under Armour stock. The shares were bought at an average price of $6.15 per share, with a total value of $2,528,000.55.
• On Friday, January 16th, V Prem Et Al Watsa bought 1,837,686 shares of Under Armour stock. The stock was bought 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 acquired at an average price 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 acquired at an average cost of $5.62 per share, for a total transaction of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa acquired 13,182,469 shares of Under Armour stock. The shares were bought at an average price 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 cost of $4.66 per share, with a total value of $11,639,869.16.
• On Friday, December 26th, V Prem Et Al Watsa purchased 1,385,850 shares of Under Armour stock. The shares were purchased at an average price of $4.58 per share, for a total transaction 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, 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 shares were acquired at an average cost of $4.51 per share, with a total value of $12,381,091.03.

Under Armour Stock Performance

Shares of NYSE UA remained flat at $6.21 during mid-day trading on Monday. The company had a trading volume of 4,692,165 shares, compared to its average volume of 7,857,859. The business has a fifty day moving average price of $4.74 and a 200-day moving average price of $5.01. The stock has a market capitalization of $2.66 billion, a PE ratio of -29.57 and a beta of 1.73. Under Armour, Inc. has a twelve month low of $3.95 and a twelve month high of $7.85. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.10 and a current ratio of 1.69.

Under Armour (NYSE:UA) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. Under Armour has set its FY 2026 guidance at 0.030-0.050 EPS.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. BDT Capital Partners LLC increased its position in Under Armour by 4.1% in the 3rd quarter. BDT Capital Partners LLC now owns 65,050,733 shares of the company’s stock worth $314,195,000 after purchasing an additional 2,586,854 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Under Armour by 12.0% in the 2nd quarter. American Century Companies Inc. now owns 3,508,113 shares of the company’s stock valued at $22,768,000 after buying an additional 375,548 shares in the last quarter. Norges Bank bought a new stake in shares of Under Armour in the 2nd quarter valued at approximately $18,920,000. Millennium Management LLC increased its holdings in Under Armour by 153.7% in the third quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock worth $11,336,000 after buying an additional 1,421,981 shares during the last quarter. Finally, Corient Private Wealth LLC raised its position in Under Armour by 99.8% during the second quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company’s stock valued at $13,018,000 after acquiring an additional 1,002,037 shares in the last quarter. Hedge funds and other institutional investors own 36.35% of the company’s stock.

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.