Insider Buying: Under Armour (NYSE:UAA) Major Shareholder Purchases $5,978,158.55 in Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 1,313,881 shares of the firm’s stock in a transaction on Wednesday, December 24th. The shares were acquired at an average price of $4.55 per share, with a total value of $5,978,158.55. Following the completion of the purchase, the insider owned 27,691,049 shares of the company’s stock, valued at $125,994,272.95. This trade represents a 4.98% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% 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, December 29th, V Prem Et Al Watsa bought 2,497,826 shares of Under Armour stock. The stock was acquired at an average cost 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 price of $4.58 per share, for a total transaction of $6,347,193.00.
• On Tuesday, December 23rd, V Prem Et Al Watsa purchased 2,745,253 shares of Under Armour stock. The stock was bought at an average price 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 Trading Down 3.3%

Shares of UAA opened at $4.97 on Thursday. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $8.72. The stock’s 50-day moving average is $4.55 and its two-hundred day moving average is $5.34. 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 stock has a market cap of $2.13 billion, a PE ratio of -23.67, a P/E/G ratio of 5.48 and a beta of 1.83.

Under Armour (NYSE:UAA) last announced its earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating 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 company’s revenue was down 4.7% on a year-over-year basis. During the same period last year, the business posted $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Equities analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Institutional Trading of Under Armour

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Hsbc Holdings PLC raised its stake in Under Armour by 128.8% during the first quarter. Hsbc Holdings PLC now owns 19,729 shares of the company’s stock valued at $122,000 after buying an additional 88,315 shares in the last quarter. Twin Tree Management LP acquired a new stake in shares of Under Armour during the 1st quarter valued at approximately $44,000. Graham Capital Management L.P. bought a new position in Under Armour during the first quarter worth $1,690,000. Royal Bank of Canada boosted its holdings in Under Armour by 5.3% in the first quarter. Royal Bank of Canada now owns 1,158,649 shares of the company’s stock worth $7,242,000 after purchasing an additional 58,701 shares during the period. Finally, Maverick Capital Ltd. boosted its holdings in Under Armour by 1,104.6% in the first quarter. Maverick Capital Ltd. now owns 734,831 shares of the company’s stock worth $4,593,000 after purchasing an additional 673,829 shares during the period. 34.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UAA. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $6.00 price target (down from $7.00) on shares of Under Armour in a report on Monday, September 15th. William Blair raised shares of Under Armour to a “hold” rating in a research report on Thursday, November 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a research report on Monday. Rothschild Redb downgraded Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Finally, UBS Group reiterated a “buy” rating and issued a $8.00 price target (up previously from $7.50) on shares of Under Armour in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $6.43.

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.