Key Points
- V. Prem Watsa bought 13,182,469 Under Armour shares on Dec. 30 at an average price of $5.12 for $67,494,241.28, increasing his direct stake to 41,958,923 shares (a 45.81% rise) valued at $214,829,685.76.
- Watsa accumulated about 28.86 million shares across multiple late-December purchases (Dec. 22–30), spending roughly $138.5 million in total, indicating sizable insider buying activity.
- Under Armour trades around $5 with a market cap near $2.16 billion; the company recently beat quarterly EPS estimates but carries an average analyst rating of "Sell" (Weiss Ratings reaffirmed "sell (e+)").
Under Armour, Inc. (NYSE:UA - Get Free Report) major shareholder V Prem Et Al Watsa acquired 13,182,469 shares of the stock in a transaction on Tuesday, December 30th. The stock was acquired at an average cost of $5.12 per share, for a total transaction of $67,494,241.28. Following the acquisition, the insider directly owned 41,958,923 shares in the company, valued at $214,829,685.76. This represents a 45.81% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
V Prem Et Al Watsa also recently made the following trade(s):
- On Monday, December 29th, V Prem Et Al Watsa bought 2,497,826 shares of Under Armour stock. The shares were acquired at an average cost 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 stock was acquired at an average price of $4.58 per share, for a total transaction of $6,347,193.00.
- On Wednesday, December 24th, V Prem Et Al Watsa acquired 1,313,881 shares of Under Armour stock. The shares were acquired at an average cost of $4.55 per share, for a total transaction of $5,978,158.55.
- On Tuesday, December 23rd, V Prem Et Al Watsa acquired 2,745,253 shares of Under Armour stock. The stock was acquired at an average price of $4.51 per share, with a total value of $12,381,091.03.
- On Monday, December 22nd, V Prem Et Al Watsa bought 7,739,154 shares of Under Armour stock. The stock was acquired at an average cost of $4.48 per share, with a total value of $34,671,409.92.
Under Armour Stock Performance
NYSE:UA opened at $5.05 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.69 and a debt-to-equity ratio of 0.32. Under Armour, Inc. has a fifty-two week low of $3.95 and a fifty-two week high of $7.85. The stock has a market cap of $2.16 billion, a PE ratio of -24.02 and a beta of 1.73. The firm's fifty day simple moving average is $4.37 and its 200-day simple moving average is $5.11.
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 Investors Weigh In On Under Armour
A number of hedge funds and other institutional investors have recently made changes to their positions in UA. Keel Point LLC purchased a new position in Under Armour during the third quarter worth about $52,000. GM Advisory Group LLC increased its stake in shares of Under Armour by 326.2% during the 3rd quarter. GM Advisory Group LLC now owns 130,660 shares of the company's stock valued at $631,000 after acquiring an additional 100,000 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in shares of Under Armour by 192.6% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 75,584 shares of the company's stock valued at $365,000 after acquiring an additional 49,750 shares during the last quarter. PharVision Advisers LLC purchased a new position in shares of Under Armour during the 3rd quarter worth about $119,000. Finally, XTX Topco Ltd acquired a new stake in shares of Under Armour in the third quarter worth approximately $1,465,000. Hedge funds and other institutional investors own 36.35% of the company's stock.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Under Armour in a report on Monday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Under Armour currently has an average rating of "Sell".
View Our Latest Stock Analysis on UA
Under Armour Company Profile
(
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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