Under Armour (NYSE:UA) Major Shareholder Purchases $6,184,514.16 in Stock

by · The Markets Daily

Under Armour, Inc. (NYSE:UA – Get Free Report) major shareholder V Prem Et Al Watsa bought 995,896 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The shares were purchased at an average price of $6.21 per share, for a total transaction of $6,184,514.16. Following the completion of the purchase, the insider directly owned 42,224,581 shares of the company’s stock, valued at approximately $262,214,648.01. This trade represents a 2.42% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

V Prem Et Al Watsa also recently made the following trade(s):

  • On Friday, January 23rd, V Prem Et Al Watsa bought 928,397 shares of Under Armour stock. The shares were purchased 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 bought at an average cost of $6.15 per share, for a total transaction of $2,528,000.55.
  • On Friday, January 16th, V Prem Et Al Watsa acquired 1,837,686 shares of Under Armour stock. The stock was 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 bought 5,000,000 shares of Under Armour stock. The stock was purchased 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 purchased 1,769,581 shares of Under Armour stock. The shares were purchased at an average price 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 shares were purchased 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 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 bought 1,385,850 shares of Under Armour stock. The shares were acquired at an average cost of $4.58 per share, with a total value 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 acquired 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 stock was acquired at an average price of $4.51 per share, for a total transaction of $12,381,091.03.

Under Armour Stock Performance

Shares of NYSE:UA remained flat at $6.21 on Monday. 4,692,165 shares of the stock were exchanged, compared to its average volume of 7,857,859. The stock’s fifty day simple moving average is $4.74 and its 200-day simple 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. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of -29.57 and a beta of 1.73. Under Armour, Inc. has a fifty-two week low of $3.95 and a fifty-two week high of $7.85.

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. BDT Capital Partners LLC lifted its stake in shares of Under Armour by 4.1% in the third quarter. BDT Capital Partners LLC now owns 65,050,733 shares of the company’s stock worth $314,195,000 after acquiring an additional 2,586,854 shares in the last quarter. American Century Companies Inc. increased its holdings in Under Armour by 12.0% during the 2nd quarter. American Century Companies Inc. now owns 3,508,113 shares of the company’s stock worth $22,768,000 after purchasing an additional 375,548 shares during the last quarter. Norges Bank acquired a new position in shares of Under Armour in the 2nd quarter valued at approximately $18,920,000. Millennium Management LLC raised its position in shares of Under Armour by 153.7% in the 3rd quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock valued at $11,336,000 after purchasing an additional 1,421,981 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its stake in shares of Under Armour by 99.8% during the 2nd quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company’s stock valued at $13,018,000 after buying an additional 1,002,037 shares during the last quarter. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Analysts Set New Price Targets

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

View Our Latest Stock Report 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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