Under Armour (NYSE:UA) Major Shareholder V Prem Et Al Watsa Acquires 438,723 Shares

Under Armour, Inc. (NYSE:UA) major shareholder V Prem Et Al Watsa bought 438,723 shares of Under Armour stock in a transaction dated Tuesday, May 12th. The shares were bought at an average cost of $4.99 per share, for a total transaction of $2,189,227.77. Following the completion of the acquisition, the insider owned 43,439,595 shares in the company, valued at $216,763,579.05. This represents a 1.02% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Thursday, May 14th, V Prem Et Al Watsa acquired 100 shares of Under Armour stock. The shares were purchased at an average cost of $5.00 per share, with a total value of $500.00.
• On Wednesday, May 13th, V Prem Et Al Watsa acquired 739,521 shares of Under Armour stock. The shares were purchased at an average price of $4.97 per share, for a total transaction of $3,675,419.37.

Under Armour Price Performance

Shares of NYSE:UA traded down $0.04 during midday trading on Thursday, hitting $4.96. The stock had a trading volume of 4,854,437 shares, compared to its average volume of 2,819,488. The company’s 50-day moving average price is $5.99 and its 200-day moving average price is $5.56. The company has a market capitalization of $2.11 billion, a P/E ratio of -4.27 and a beta of 1.65. The company has a quick ratio of 0.92, a current ratio of 1.62 and a debt-to-equity ratio of 0.42. Under Armour, Inc. has a fifty-two week low of $3.95 and a fifty-two week high of $7.91.

Under Armour (NYSE:UA) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01). The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.17 billion. Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. As a group, equities research analysts predict that Under Armour, Inc. will post 0.24 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UA has been the subject of a number of research analyst reports. Zacks Research raised Under Armour to a “hold” rating in a report on Wednesday, March 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a research report on Friday, May 8th. Robert W. Baird set a $5.50 target price on Under Armour in a research note on Wednesday. Finally, Citigroup downgraded shares of Under Armour from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 10th. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Under Armour has a consensus rating of “Sell” and an average target price of $5.50.

Institutional Investors Weigh In On Under Armour

Hedge funds have recently modified their holdings of the company. AQR Capital Management LLC grew its position in Under Armour by 247.3% during the 1st quarter. AQR Capital Management LLC now owns 98,632 shares of the company’s stock worth $587,000 after acquiring an additional 70,231 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Under Armour by 34.4% during the first quarter. Goldman Sachs Group Inc. now owns 388,256 shares of the company’s stock worth $2,310,000 after purchasing an additional 99,402 shares during the last quarter. Prudential Financial Inc. grew its holdings in shares of Under Armour by 26.4% during the second quarter. Prudential Financial Inc. now owns 19,560 shares of the company’s stock worth $127,000 after purchasing an additional 4,083 shares during the last quarter. Cerity Partners LLC acquired a new position in shares of Under Armour in the second quarter valued at approximately $65,000. Finally, Quantinno Capital Management LP raised its holdings in Under Armour by 16.5% in the 2nd quarter. Quantinno Capital Management LP now owns 184,882 shares of the company’s stock valued at $1,200,000 after buying an additional 26,217 shares during the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

Key Headlines Impacting Under Armour

Here are the key news stories impacting Under Armour this week:

• Positive Sentiment: Under Armour said it expects fiscal 2027 adjusted operating income of $140 million to $160 million and gross margin expansion of 220 to 270 basis points, which suggests some cost and margin improvement ahead. Article Title
• Neutral Sentiment: The company’s Q4 2026 earnings transcript was released, giving investors more detail on management’s comments and outlook after the results. Article Title
• Neutral Sentiment: Under Armour also posted press releases through its investor relations feed, but no major new catalyst was highlighted in the available item. Article Title
• Negative Sentiment: Evercore ISI initiated/maintained a Sell view on Under Armour, adding to the bearish tone around the stock. Article Title
• Negative Sentiment: Stifel also downgraded Under Armour, reinforcing concerns that the company’s recovery is taking longer than expected. Article Title
• Negative Sentiment: Recent coverage says Under Armour is facing another weak year as North America struggles, and the shares fell after the company’s earnings miss and weak guidance. Article Title
• Negative Sentiment: Analysts and commentators also pointed to revenue continuing to trend lower in fiscal 2027, which suggests the turnaround is still incomplete and may pressure the stock further. Article Title

Under Armour Company Profile

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.