Key Points
- V Prem Et Al Watsa bought 13,182,469 Under Armour shares on Dec. 30 at an average price of $5.12 (≈$67.49M), increasing his direct holdings to 41,958,923 shares — a 45.81% rise valued at about $214.8M per the SEC filing.
- Those purchases are part of a late‑December accumulation of roughly 28.86 million shares acquired between Dec. 22–30 at prices around $4.48–$5.12, indicating substantial insider buying.
- UAA stock jumped about 6.3% to $5.29 on the news; the company has a market cap near $2.27B and mixed analyst coverage (consensus "Hold" with a $6.43 target) after recent earnings and guidance.
Under Armour, Inc. (NYSE:UAA - Get Free Report) major shareholder V Prem Et Al Watsa bought 13,182,469 shares of the business's stock in a transaction that occurred on Tuesday, December 30th. The stock was purchased at an average price of $5.12 per share, with a total value of $67,494,241.28. Following the completion of the purchase, the insider directly owned 41,958,923 shares in the company, valued at $214,829,685.76. The trade was a 45.81% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more 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 acquired 2,497,826 shares of Under Armour stock. The stock was 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 acquired 1,385,850 shares of Under Armour stock. The stock was 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 bought 1,313,881 shares of Under Armour stock. The shares were acquired at an average price 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.
- On Monday, December 22nd, V Prem Et Al Watsa purchased 7,739,154 shares of Under Armour stock. The shares were acquired at an average cost of $4.48 per share, with a total value of $34,671,409.92.
Under Armour Trading Up 6.3%
UAA stock opened at $5.29 on Friday. Under Armour, Inc. has a one year low of $4.13 and a one year high of $8.72. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of -25.17, a price-to-earnings-growth ratio of 5.30 and a beta of 1.81. The company has a fifty day moving average price of $4.56 and a two-hundred day moving average price of $5.33. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.10.
Under Armour (NYSE:UAA - Get Free Report) last posted its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. The company 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's quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Equities analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current year.
Institutional Trading of Under Armour
Large investors have recently modified their holdings of the stock. American Century Companies Inc. lifted its position in shares of Under Armour by 9.2% during the 2nd quarter. American Century Companies Inc. now owns 5,970,726 shares of the company's stock worth $40,780,000 after buying an additional 504,912 shares during the last quarter. Vontobel Holding Ltd. raised its stake in Under Armour by 363.0% during the third 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 in the last quarter. Jump Financial LLC raised its stake in Under Armour by 616.4% during the second quarter. Jump Financial LLC now owns 1,184,992 shares of the company's stock worth $8,093,000 after acquiring an additional 1,019,578 shares in the last quarter. SCS Capital Management LLC bought a new position in shares of Under Armour in the first quarter worth about $828,000. Finally, Texas Permanent School Fund Corp boosted its stake in shares of Under Armour by 284.0% in the 2nd quarter. Texas Permanent School Fund Corp now owns 351,173 shares of the company's stock valued at $2,399,000 after purchasing an additional 259,727 shares in the last quarter. 34.58% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms have recently commented on UAA. Evercore ISI decreased their target price on Under Armour from $5.00 to $4.00 and set an "underperform" rating on the stock in a research report on Friday, November 7th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Under Armour in a research report on Monday. BTIG Research began coverage on Under Armour in a report on Tuesday, October 14th. They set a "neutral" rating for the company. Wall Street Zen downgraded shares of Under Armour from a "hold" rating to a "sell" rating in a research note on Sunday, December 21st. Finally, Guggenheim raised shares of Under Armour to a "strong-buy" rating in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, Under Armour has an average rating of "Hold" and a consensus price target of $6.43.
Read 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.
Further Reading
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