Under Armour (NYSE:UA) Major Shareholder Purchases $2,528,000.55 in Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa bought 411,057 shares of the stock in a transaction that occurred on Thursday, January 22nd. The stock was acquired at an average price of $6.15 per share, for a total transaction of $2,528,000.55. Following the completion of the transaction, the insider owned 18,475,679 shares in the company, valued at $113,625,425.85. This trade represents a 2.28% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major 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 Monday, January 26th, V Prem Et Al Watsa purchased 995,896 shares of Under Armour stock. The stock was 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 purchased 928,397 shares of Under Armour stock. The shares were acquired at an average cost of $6.15 per share, for a total transaction of $5,709,641.55.
• 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, with a total value of $10,291,041.60.
• On Wednesday, January 21st, V Prem Et Al Watsa bought 5,000,000 shares of Under Armour stock. The shares were bought at an average cost of $5.89 per share, for a total transaction of $29,450,000.00.
• On Tuesday, January 20th, V Prem Et Al Watsa purchased 1,769,581 shares of Under Armour stock. The stock was bought at an average cost of $5.62 per share, with a total value of $9,945,045.22.
• On Tuesday, December 30th, V Prem Et Al Watsa acquired 13,182,469 shares of Under Armour stock. The stock was bought at an average price of $5.12 per share, with a total value of $67,494,241.28.
• On Monday, December 29th, V Prem Et Al Watsa acquired 2,497,826 shares of Under Armour stock. The shares were bought 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 stock was purchased at an average price 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 shares were purchased 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 purchased at an average cost of $4.51 per share, for a total transaction of $12,381,091.03.

Under Armour Stock Performance

NYSE UA remained flat at $6.21 on Monday. 4,692,165 shares of the company’s stock were exchanged, compared to its average volume of 7,857,859. Under Armour, Inc. has a 52 week low of $3.95 and a 52 week high of $7.85. The company has a current ratio of 1.69, a quick ratio of 1.10 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average price of $4.74 and a 200 day moving average price of $5.01. The company has a market capitalization of $2.66 billion, a PE ratio of -29.57 and a beta of 1.73.

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

Institutional Trading of Under Armour

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

Analyst Upgrades and Downgrades

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