FAIRFAX FINANCIAL HOLDINGS LTD/ CAN has made a significant move by purchasing 7,779,364 shares of Under Armour Inc (UAA) at a price of $4.48 per share. This transaction, completed on December 28, 2025, amounts to a total investment of $34.83 million.
Following this acquisition, FAIRFAX FINANCIAL HOLDINGS LTD/ CAN now holds the same number of shares in the company. As a player in the textiles, apparel, and luxury goods industry, Under Armour engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories. Headquartered in Baltimore, Maryland, the company employs 6,500 full-time staff and operates across various geographic segments, including North America, Europe, the Middle East and Africa (EMEA), Asia-Pacific, and Latin America.
Insider buying can often be interpreted as a positive signal, suggesting that those closest to the company may have confidence in its future. However, investors should approach such transactions with caution. Insider activity can stem from a variety of personal or regulatory motivations, and should not be the sole factor in investment decisions.
It's essential to monitor trends in insider transactions across multiple individuals and time frames. This broader view provides a more comprehensive understanding of insider sentiment and its potential implications for the stock.
Under Armour is set to report its upcoming earnings on May 11, 2026, with an estimated EPS of $0.00 and revenue of $1.2 billion. The company has a current market cap of $1.9 billion and an EPS (TTM) of -0.20, highlighting its ongoing challenges in the competitive apparel market.