Under Armour, Inc. (NYSE:UA - Get Free Report) major shareholder V Prem Et Al Watsa purchased 1,112,119 shares of Under Armour stock in a transaction that occurred on Wednesday, January 28th. The shares were purchased at an average cost of $6.21 per share, with a total value of $6,906,258.99. Following the transaction, the insider directly owned 43,000,872 shares of the company's stock, valued at $267,035,415.12. This represents a 2.65% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Major 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 Tuesday, January 27th, V Prem Et Al Watsa acquired 1,528,986 shares of Under Armour stock. The stock was acquired 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 acquired 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 stock was acquired at an average price of $6.15 per share, with a total value 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 Friday, January 16th, V Prem Et Al Watsa acquired 1,837,686 shares of Under Armour stock. The stock was acquired at an average price of $5.60 per share, with a total value 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 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 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 Tuesday, December 30th, V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock. The stock was 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 acquired 2,497,826 shares of Under Armour stock. The shares were bought 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 acquired 1,385,850 shares of Under Armour stock. The shares were bought at an average price of $4.58 per share, for a total transaction of $6,347,193.00.
Under Armour Trading Down 0.9%
Shares of UA stock opened at $5.93 on Friday. 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 12-month low of $3.95 and a 12-month high of $7.85. The stock has a market capitalization of $2.54 billion, a P/E ratio of -28.21 and a beta of 1.73. The firm's 50 day moving average is $4.90 and its 200 day moving average is $5.01.
Under Armour (NYSE:UA - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. The firm had revenue of $1.33 billion for the quarter, compared to analysts' expectations 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 has set its FY 2026 guidance at 0.030-0.050 EPS.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Laurel Wealth Advisors LLC increased 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 worth $25,000 after buying an additional 3,316 shares in the last quarter. AlphaCore Capital LLC purchased a new position in shares of Under Armour in the third quarter valued at about $41,000. First Business Financial Services Inc. bought a new position in shares of Under Armour in the third quarter worth about $48,000. Keel Point LLC purchased a new stake in shares of Under Armour during the third quarter worth about $52,000. Finally, Quarry LP bought a new stake in Under Armour during the 3rd quarter valued at approximately $53,000. Hedge funds and other institutional investors own 36.35% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a "sell (e+)" rating on shares of Under Armour in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of "Sell".
Read Our Latest Report on UA
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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