Under Armour, Inc. (NYSE:UA) Insider Sells $84,919.59 in Stock

Under Armour, Inc. (NYSE:UA) insider Mehri Shadman sold 9,639 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $8.81, for a total transaction of $84,919.59. Following the transaction, the insider now owns 172,899 shares of the company’s stock, valued at approximately $1,523,240.19. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Mehri Shadman also recently made the following trade(s):

• On Friday, November 15th, Mehri Shadman sold 17,240 shares of Under Armour stock. The stock was sold at an average price of $8.76, for a total value of $151,022.40.

Under Armour Price Performance

Under Armour stock traded down $0.26 during midday trading on Tuesday, reaching $8.57. The company’s stock had a trading volume of 4,144,442 shares, compared to its average volume of 3,295,218. The company has a current ratio of 2.18, a quick ratio of 1.24 and a debt-to-equity ratio of 0.30. The stock has a market cap of $3.71 billion, a PE ratio of -214.25 and a beta of 1.64. Under Armour, Inc. has a 52 week low of $6.02 and a 52 week high of $10.62. The business has a 50-day moving average price of $8.12 and a 200-day moving average price of $7.32.

Institutional Investors Weigh In On Under Armour

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. BDT Capital Partners LLC lifted its stake in Under Armour by 0.3% in the 3rd quarter. BDT Capital Partners LLC now owns 60,000,000 shares of the company’s stock valued at $501,600,000 after purchasing an additional 161,901 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Under Armour by 7.7% during the second quarter. Dimensional Fund Advisors LP now owns 11,089,780 shares of the company’s stock worth $72,415,000 after buying an additional 795,803 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Under Armour by 14.2% during the second quarter. Victory Capital Management Inc. now owns 6,059,071 shares of the company’s stock worth $39,566,000 after buying an additional 752,018 shares in the last quarter. WINTON GROUP Ltd bought a new position in shares of Under Armour in the 2nd quarter valued at $4,579,000. Finally, Profit Investment Management LLC boosted its holdings in shares of Under Armour by 0.7% during the 2nd quarter. Profit Investment Management LLC now owns 569,878 shares of the company’s stock valued at $3,721,000 after acquiring an additional 4,009 shares in the last quarter. 36.35% of the stock is owned by institutional investors.

About Under Armour

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.