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

by · The Markets Daily

Under Armour, Inc. (NYSE:UA – Get Free Report) major shareholder V Prem Et Al Watsa purchased 1,528,986 shares of the business’s stock in a transaction on Tuesday, January 27th. The stock was purchased at an average cost of $6.24 per share, for a total transaction of $9,540,872.64. Following the completion of the acquisition, the insider directly owned 42,911,086 shares of the company’s stock, valued at approximately $267,765,176.64. The trade was a 3.69% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large 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 purchased 1,112,119 shares of Under Armour stock. The stock was bought at an average cost of $6.21 per share, with a total value of $6,906,258.99.
  • On Monday, January 26th, V Prem Et Al Watsa purchased 995,896 shares of Under Armour stock. The stock was 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 purchased at an average cost 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 purchased at an average cost of $6.15 per share, with a total value of $2,528,000.55.
  • On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The shares were purchased at an average price of $5.60 per share, for a total transaction 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 acquired at an average cost of $5.89 per share, with a total value of $29,450,000.00.
  • On Tuesday, January 20th, V Prem Et Al Watsa acquired 1,769,581 shares of Under Armour stock. The shares were bought at an average price of $5.62 per share, with a total value of $9,945,045.22.
  • On Tuesday, December 30th, V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock. The shares were 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 bought 2,497,826 shares of Under Armour stock. The stock was purchased at an average price of $4.66 per share, with a total value of $11,639,869.16.
  • On Friday, December 26th, V Prem Et Al Watsa purchased 1,385,850 shares of Under Armour stock. The shares were purchased at an average price of $4.58 per share, for a total transaction of $6,347,193.00.

Under Armour Price Performance

Shares of Under Armour stock traded down $0.06 during trading hours on Thursday, reaching $5.93. The stock had a trading volume of 3,471,055 shares, compared to its average volume of 7,531,839. The stock’s 50 day moving average is $4.86 and its 200 day moving average is $5.01. The company has a current ratio of 1.69, a quick ratio of 1.10 and a debt-to-equity ratio of 0.32. Under Armour, Inc. has a twelve month low of $3.95 and a twelve month high of $7.85. The firm has a market capitalization of $2.54 billion, a PE ratio of -28.21 and a beta of 1.73.

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

Institutional Investors Weigh In On Under Armour

Several institutional investors have recently made changes to their positions in the stock. Laurel Wealth Advisors LLC lifted its stake in Under Armour by 549.0% in the 2nd 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 purchased a new stake in Under Armour in the 3rd quarter worth approximately $41,000. First Business Financial Services Inc. acquired a new position in Under Armour in the 3rd quarter valued at $48,000. Cerity Partners LLC purchased a new position in shares of Under Armour during the 2nd quarter worth $65,000. Finally, Sugar Maple Asset Management LLC purchased a new position in shares of Under Armour during the 2nd quarter worth $68,000. 36.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Get Our Latest Analysis on Under Armour

About Under Armour

(Get Free Report)

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.

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