Under Armour, Inc. (NYSE:UAA - Get Free Report) major shareholder V Prem Et Al Watsa purchased 1,112,119 shares of the firm's stock in a transaction dated Wednesday, January 28th. The shares were purchased at an average cost of $6.21 per share, for a total transaction of $6,906,258.99. Following the purchase, the insider directly owned 43,000,872 shares in the company, valued at approximately $267,035,415.12. This represents a 2.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% 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 Tuesday, January 27th, V Prem Et Al Watsa acquired 1,528,986 shares of Under Armour stock. The shares were purchased at an average cost of $6.24 per share, with a total value of $9,540,872.64.
- On Monday, January 26th, V Prem Et Al Watsa bought 995,896 shares of Under Armour stock. The shares were purchased at an average price of $6.21 per share, for a total transaction 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 purchased 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 purchased at an average cost of $6.15 per share, with a total value of $2,528,000.55.
- On Wednesday, January 21st, V Prem Et Al Watsa acquired 5,000,000 shares of Under Armour stock. The stock was acquired at an average cost of $5.89 per share, for a total transaction 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 acquired at an average price of $5.62 per share, with a total value of $9,945,045.22.
- On Friday, January 16th, V Prem Et Al Watsa purchased 1,837,686 shares of Under Armour stock. The stock was acquired at an average cost of $5.60 per share, for a total transaction of $10,291,041.60.
- On Tuesday, December 30th, V Prem Et Al Watsa purchased 13,182,469 shares of Under Armour stock. The stock was acquired at an average price of $5.12 per share, for a total transaction 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 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 bought at an average price of $4.58 per share, for a total transaction of $6,347,193.00.
Under Armour Stock Performance
NYSE UAA opened at $6.06 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 $4.13 and a fifty-two week high of $8.72. The business has a fifty day moving average of $5.08 and a 200-day moving average of $5.21. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of -28.83, a price-to-earnings-growth ratio of 6.18 and a beta of 1.81.
Under Armour (NYSE:UAA - Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter last year, the company earned $0.39 earnings per share. The business's revenue for the quarter 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, analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Under Armour
Large investors have recently modified their holdings of the company. Marshall Wace LLP lifted its stake in shares of Under Armour by 113.8% in the 3rd quarter. Marshall Wace LLP now owns 6,296,543 shares of the company's stock valued at $31,420,000 after purchasing an additional 3,351,976 shares in the last quarter. Whitebox Advisors LLC acquired a new position in Under Armour during the third quarter valued at approximately $11,237,000. Vanguard Group Inc. lifted its position in Under Armour by 11.3% during the fourth quarter. Vanguard Group Inc. now owns 17,168,819 shares of the company's stock valued at $85,329,000 after buying an additional 1,747,120 shares in the last quarter. Fort Baker Capital Management LP purchased a new stake in Under Armour during the third quarter worth approximately $8,624,000. Finally, Jupiter Asset Management Ltd. increased its position in shares of Under Armour by 249.4% in the second quarter. Jupiter Asset Management Ltd. now owns 2,379,513 shares of the company's stock worth $16,252,000 after acquiring an additional 1,698,467 shares in the last quarter. 34.58% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on UAA shares. William Blair upgraded shares of Under Armour to a "hold" rating in a research report on Thursday, November 6th. Truist Financial set a $6.00 price objective on Under Armour in a report on Wednesday, January 14th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Under Armour in a research note on Monday, December 29th. Guggenheim upgraded Under Armour to a "strong-buy" rating in a research report on Wednesday, December 10th. Finally, BTIG Research started coverage on Under Armour in a report on Tuesday, October 14th. They issued a "neutral" rating for the company. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $6.44.
View Our Latest Report on Under Armour
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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