Fairfax Financial, a 10% Owner, Invests $67.4 Million to Acquire 13.2 Million Under Armour Shares
Summary
Fairfax Financial Holdings Limited, a major shareholder in Under Armour, executed a significant insider purchase on January 2, 2026. The investment totaled approximately $67.4 million for 13,182,469 shares, acquired at a weighted average price of $5.12 per share. This substantial acquisition, carried out through indirect entities, signals strong confidence from a 10 percent owner regarding the athletic apparel company's long-term valuation and prospects.
Fairfax Financial, a 10% owner, bought $67.4 million in Under Armour stock. The purchase involved 13.2 million shares at $5.12 per share on January 2, 2026. This significant insider activity signals strong confidence in the company's future value.
Key Takeaways
- Fairfax Financial acquired 13,182,469 shares of Under Armour equity.
- The total investment reached approximately $67.4 million in early January 2026.
- Shares were purchased at a weighted average price of $5.12 per share.
Sentiment: Bullish
A major 10% shareholder substantially increased their stake, indicating belief in long-term value.
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