Under Armour, Inc. (NYSE:UA) CFO Sells $272,700.00 in Stock

Under Armour, Inc. (NYSE:UA) CFO David Bergman sold 30,000 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $9.09, for a total value of $272,700.00. Following the transaction, the chief financial officer now owns 494,210 shares of the company’s stock, valued at $4,492,368.90. This represents a 5.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Under Armour Stock Down 0.4 %

UA opened at $9.06 on Thursday. Under Armour, Inc. has a twelve month low of $6.02 and a twelve month high of $10.62. The firm has a market cap of $3.92 billion, a price-to-earnings ratio of -226.50 and a beta of 1.66. The firm’s 50-day simple moving average is $8.44 and its 200-day simple moving average is $7.49. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.18.

Institutional Trading of Under Armour

Several hedge funds have recently modified their holdings of the company. Peoples Bank KS bought a new stake in Under Armour during the 3rd quarter worth approximately $59,000. CWM LLC boosted its stake in Under Armour by 31.1% in the second quarter. CWM LLC now owns 12,628 shares of the company’s stock worth $82,000 after purchasing an additional 2,995 shares in the last quarter. Algert Global LLC bought a new stake in shares of Under Armour during the second quarter worth $98,000. Ridgewood Investments LLC acquired a new stake in shares of Under Armour in the second quarter valued at $112,000. Finally, ProShare Advisors LLC bought a new position in shares of Under Armour in the second quarter valued at about $118,000. Institutional investors and hedge funds own 36.35% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.