Under Armour (NYSE:UAA) Major Shareholder Acquires $6,906,258.99 in Stock

Under Armour, Inc. (NYSE:UAA) major shareholder V Prem Et Al Watsa acquired 1,112,119 shares of the company’s stock in a transaction dated Wednesday, January 28th. The stock was purchased at an average cost of $6.21 per share, with a total value of $6,906,258.99. Following the completion of the purchase, the insider directly owned 43,000,872 shares of the company’s stock, valued at approximately $267,035,415.12. This represents a 2.65% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more 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 Tuesday, January 27th, V Prem Et Al Watsa bought 1,528,986 shares of Under Armour stock. The shares were purchased at an average cost of $6.24 per share, for a total transaction of $9,540,872.64.
• On Monday, January 26th, V Prem Et Al Watsa bought 995,896 shares of Under Armour stock. The stock was purchased 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 price of $6.15 per share, for a total transaction of $5,709,641.55.
• On Thursday, January 22nd, V Prem Et Al Watsa purchased 411,057 shares of Under Armour stock. The shares were acquired at an average cost of $6.15 per share, for a total transaction of $2,528,000.55.
• On Wednesday, January 21st, V Prem Et Al Watsa acquired 5,000,000 shares of Under Armour stock. The stock was 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 Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The stock was acquired at an average cost of $5.60 per share, with a total value of $10,291,041.60.
• 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 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 cost of $4.66 per share, for a total transaction of $11,639,869.16.
• On Friday, December 26th, V Prem Et Al Watsa acquired 1,385,850 shares of Under Armour stock. The stock was bought at an average price of $4.58 per share, for a total transaction of $6,347,193.00.

Under Armour Stock Down 0.2%

NYSE:UAA traded down $0.02 during midday trading on Thursday, reaching $6.06. The company had a trading volume of 9,653,821 shares, compared to its average volume of 13,363,043. Under Armour, Inc. has a 12-month low of $4.13 and a 12-month high of $8.72. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of -28.83, a PEG ratio of 6.45 and a beta of 1.81. 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 stock’s fifty day simple moving average is $5.05 and its 200-day simple moving average is $5.20.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates 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’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, sell-side analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in UAA. Laurel Wealth Advisors LLC grew its position in shares of Under Armour by 583.0% during the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after acquiring an additional 3,498 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in Under Armour during the 2nd quarter worth $44,000. State of Wyoming purchased a new position in Under Armour during the 2nd quarter worth $44,000. Uhlmann Price Securities LLC purchased a new position in Under Armour during the 3rd quarter worth $46,000. Finally, GAMMA Investing LLC increased its stake in Under Armour by 163.3% in the second quarter. GAMMA Investing LLC now owns 7,013 shares of the company’s stock valued at $48,000 after purchasing an additional 4,350 shares during the period. Institutional investors and hedge funds own 34.58% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on UAA shares. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Evercore ISI lowered their target price on shares of Under Armour from $5.00 to $4.00 and set an “underperform” rating for the company in a research note on Friday, November 7th. William Blair raised Under Armour to a “hold” rating in a report on Thursday, November 6th. Argus raised Under Armour to a “hold” rating in a report on Friday, January 16th. Finally, Telsey Advisory Group set a $5.00 price objective on Under Armour in a report on Friday, November 14th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $6.44.

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.