Insider Buying: Under Armour (NYSE:UAA) Major Shareholder Acquires 928,397 Shares of Stock

by · The Cerbat Gem

Under Armour, Inc. (NYSE:UAA – Get Free Report) major shareholder V Prem Et Al Watsa acquired 928,397 shares of the stock in a transaction dated Friday, January 23rd. The shares were bought at an average price of $6.15 per share, with a total value of $5,709,641.55. Following the completion of the transaction, the insider directly owned 19,404,076 shares of the company’s stock, valued at $119,335,067.40. The trade was a 5.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% 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 Monday, January 26th, V Prem Et Al Watsa acquired 995,896 shares of Under Armour stock. The shares were purchased at an average price of $6.21 per share, with a total value of $6,184,514.16.
  • 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, for a total transaction of $2,528,000.55.
  • On Wednesday, January 21st, V Prem Et Al Watsa bought 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 bought at an average price of $5.62 per share, for a total transaction of $9,945,045.22.
  • On Friday, January 16th, V Prem Et Al Watsa bought 1,837,686 shares of Under Armour stock. The stock was purchased at an average price of $5.60 per share, with a total value of $10,291,041.60.
  • On Tuesday, December 30th, V Prem Et Al Watsa acquired 13,182,469 shares of Under Armour stock. The shares were purchased 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 acquired at an average price of $4.66 per share, for a total transaction of $11,639,869.16.
  • On Friday, December 26th, V Prem Et Al Watsa purchased 1,385,850 shares of Under Armour stock. The stock was acquired at an average cost of $4.58 per share, for a total transaction of $6,347,193.00.
  • On Wednesday, December 24th, V Prem Et Al Watsa purchased 1,313,881 shares of Under Armour stock. The stock was bought at an average cost of $4.55 per share, with a total value of $5,978,158.55.
  • On Tuesday, December 23rd, V Prem Et Al Watsa purchased 2,745,253 shares of Under Armour stock. The shares were purchased at an average cost of $4.51 per share, for a total transaction of $12,381,091.03.

Under Armour Stock Performance

Shares of NYSE UAA traded down $0.03 during midday trading on Monday, reaching $6.32. The company’s stock had a trading volume of 9,416,433 shares, compared to its average volume of 13,761,448. The stock has a market capitalization of $2.71 billion, a P/E ratio of -30.11, a PEG ratio of 6.61 and a beta of 1.81. 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 firm has a 50 day moving average price of $4.97 and a 200-day moving average price of $5.20. Under Armour, Inc. has a 12-month low of $4.13 and a 12-month high of $8.72.

Under Armour (NYSE:UAA – Get Free Report) last announced its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the firm posted $0.39 EPS. The business’s revenue was down 4.7% compared to the same quarter last year. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. As a group, equities analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Institutional Trading of Under Armour

Several institutional investors have recently added to or reduced their stakes in UAA. SG Americas Securities LLC grew its stake in shares of Under Armour by 395.3% during the third quarter. SG Americas Securities LLC now owns 747,130 shares of the company’s stock valued at $3,728,000 after buying an additional 596,294 shares during the last quarter. Vontobel Holding Ltd. lifted its stake in shares of Under Armour by 363.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 416,376 shares of the company’s stock worth $2,078,000 after acquiring an additional 326,451 shares during the last quarter. American Century Companies Inc. boosted its holdings in Under Armour by 9.2% during the 2nd quarter. American Century Companies Inc. now owns 5,970,726 shares of the company’s stock valued at $40,780,000 after acquiring an additional 504,912 shares during the period. Jump Financial LLC grew its position in Under Armour by 616.4% in the 2nd quarter. Jump Financial LLC now owns 1,184,992 shares of the company’s stock valued at $8,093,000 after acquiring an additional 1,019,578 shares during the last quarter. Finally, Texas Permanent School Fund Corp increased its stake in Under Armour by 284.0% in the second quarter. Texas Permanent School Fund Corp now owns 351,173 shares of the company’s stock worth $2,399,000 after purchasing an additional 259,727 shares during the period. Institutional investors own 34.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UAA shares. Telsey Advisory Group set a $5.00 target price on shares of Under Armour in a report on Friday, November 14th. Argus raised Under Armour to a “hold” rating in a research note on Friday, January 16th. Zacks Research raised shares of Under Armour from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Wall Street Zen raised Under Armour from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, UBS Group restated a “buy” rating on shares of Under Armour in a report on Friday, January 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $6.44.

Check Out Our Latest Analysis on UAA

About Under Armour

(Get Free Report)

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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