Under Armour (NYSE:UA) Major Shareholder Purchases $9,540,872.64 in Stock

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa purchased 1,528,986 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The shares were bought at an average cost of $6.24 per share, with a total value of $9,540,872.64. Following the transaction, the insider directly owned 42,911,086 shares of the company’s stock, valued at approximately $267,765,176.64. This represents a 3.69% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more 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 Wednesday, January 28th, V Prem Et Al Watsa acquired 1,112,119 shares of Under Armour stock. The shares were bought at an average price of $6.21 per share, for a total transaction of $6,906,258.99.
• On Monday, January 26th, V Prem Et Al Watsa acquired 995,896 shares of Under Armour stock. The shares were bought 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 bought at an average cost of $6.15 per share, with a total value of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa bought 411,057 shares of Under Armour stock. The stock was bought at an average price of $6.15 per share, for a total transaction of $2,528,000.55.
• On Friday, January 16th, V Prem Et Al Watsa bought 1,837,686 shares of Under Armour stock. The shares were purchased at an average cost 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 purchased at an average price of $5.89 per share, for a total transaction 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 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 acquired 2,497,826 shares of Under Armour stock. The shares were 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 price of $4.58 per share, for a total transaction of $6,347,193.00.

Under Armour Stock Performance

NYSE UA traded down $0.06 during trading hours on Thursday, reaching $5.93. The company’s stock had a trading volume of 3,471,055 shares, compared to its average volume of 7,531,839. 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 50-day simple moving average of $4.86 and a 200 day simple moving average of $5.01. Under Armour, Inc. has a 52 week low of $3.95 and a 52 week high of $7.85. The stock has a market cap of $2.54 billion, a PE ratio of -28.21 and a beta of 1.73.

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

Institutional Trading of Under Armour

A number of hedge funds and other institutional investors have recently made changes to their positions in UA. Laurel Wealth Advisors LLC lifted its stake in Under Armour by 549.0% during the second quarter. Laurel Wealth Advisors LLC now owns 3,920 shares of the company’s stock valued at $25,000 after buying an additional 3,316 shares in the last quarter. AlphaCore Capital LLC acquired a new stake in shares of Under Armour during the third quarter valued at approximately $41,000. First Business Financial Services Inc. acquired a new stake in shares of Under Armour during the third quarter valued at approximately $48,000. Keel Point LLC purchased a new stake in shares of Under Armour in the 3rd quarter valued at approximately $52,000. Finally, Quarry LP acquired a new position in Under Armour in the 3rd quarter worth approximately $53,000. 36.35% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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