Under Armour, Inc. (NYSE:UAA – Get Free Report) major shareholder V Prem Et Al Watsa purchased 438,723 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average price of $4.99 per share, for a total transaction of $2,189,227.77. Following the completion of the purchase, the insider owned 43,439,595 shares of the company’s stock, valued at approximately $216,763,579.05. This represents a 1.02% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
V Prem Et Al Watsa also recently made the following trade(s):
- On Thursday, May 14th, V Prem Et Al Watsa purchased 100 shares of Under Armour stock. The stock was acquired at an average price of $5.00 per share, for a total transaction of $500.00.
- On Wednesday, May 13th, V Prem Et Al Watsa bought 739,521 shares of Under Armour stock. The shares were purchased at an average price of $4.97 per share, for a total transaction of $3,675,419.37.
Under Armour Stock Up 1.0%
UAA opened at $5.15 on Friday. The business’s fifty day moving average is $6.12 and its two-hundred day moving average is $5.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.62. The company has a market cap of $2.19 billion, a price-to-earnings ratio of -4.44, a PEG ratio of 1.68 and a beta of 1.73. Under Armour, Inc. has a one year low of $4.13 and a one year high of $8.15.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Fairfax Financial Holdings Ltd. Can raised its position in shares of Under Armour by 564.8% during the 4th quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock worth $208,536,000 after purchasing an additional 35,647,123 shares during the period. Marshall Wace LLP increased its position in Under Armour by 113.8% in the 3rd quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock valued at $31,420,000 after acquiring an additional 3,351,976 shares during the period. Whitebox Advisors LLC acquired a new stake in Under Armour in the 3rd quarter valued at approximately $11,237,000. Group One Trading LLC increased its position in shares of Under Armour by 378.3% during the 1st quarter. Group One Trading LLC now owns 1,568,227 shares of the company’s stock valued at $9,268,000 after purchasing an additional 2,131,642 shares during the period. Finally, Deltroit Asset Management UK LLP acquired a new position in shares of Under Armour during the 4th quarter valued at $9,909,000. Institutional investors own 34.58% of the company’s stock.
Wall Street Analysts Forecast Growth
UAA has been the topic of several recent research reports. BNP Paribas Exane reduced their price objective on Under Armour from $7.00 to $5.00 and set a “neutral” rating on the stock in a research report on Wednesday. Argus upgraded Under Armour to a “hold” rating in a research note on Friday, January 16th. The Goldman Sachs Group restated a “neutral” rating and set a $6.00 price target on shares of Under Armour in a research note on Wednesday. Stifel Nicolaus set a $6.00 target price on Under Armour and gave the company a “hold” rating in a research note on Tuesday. Finally, Telsey Advisory Group reduced their price target on Under Armour from $6.00 to $5.50 and set a “market perform” rating for the company in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $5.91.
Get Our Latest Analysis on Under Armour
Trending Headlines about Under Armour
Here are the key news stories impacting Under Armour this week:
- Positive Sentiment: Major shareholder V Prem Et Al Watsa bought a large block of Under Armour shares in multiple SEC-disclosed transactions, including 739,521 shares at about $4.97 and 438,723 shares at $4.99. Heavy insider buying can be a bullish signal that a key shareholder sees value at current levels. Article Title
- Neutral Sentiment: Truist Financial kept a Hold rating on Under Armour, and Telsey Advisory Group assigned a $5.50 price target with a Market Perform view, suggesting analysts see limited near-term upside but not a collapse. Article Title
- Neutral Sentiment: Truist also set a new $5.00 price target, while BNP Paribas Exane cut its target to $5.00. These updates reinforce the view that Wall Street expects the stock to remain range-bound unless fundamentals improve. Article Title
- Negative Sentiment: Zacks Research downgraded Under Armour from Strong Buy to Hold, adding to the negative analyst sentiment after recent commentary pointed to slowing sales and tougher retail conditions. Article Title
- Negative Sentiment: Articles highlighting weaker growth trends and pressure from a shifting retail market are feeding concerns that Under Armour’s turnaround may take longer than investors want, which is weighing on the stock. Article Title
Under Armour Company Profile
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.
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