BNP Paribas Financial Markets Has $1.05 Million Stake in Under Armour, Inc. (NYSE:UA)

BNP Paribas Financial Markets raised its position in Under Armour, Inc. (NYSE:UA) by 781.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 125,230 shares of the company’s stock after purchasing an additional 111,027 shares during the period. BNP Paribas Financial Markets’ holdings in Under Armour were worth $1,047,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC lifted its position in shares of Under Armour by 31.1% in the 2nd quarter. CWM LLC now owns 12,628 shares of the company’s stock worth $82,000 after purchasing an additional 2,995 shares during the period. Resonant Capital Advisors LLC lifted its position in shares of Under Armour by 16.2% in the 2nd quarter. Resonant Capital Advisors LLC now owns 25,705 shares of the company’s stock worth $168,000 after purchasing an additional 3,582 shares during the period. Summit Financial Strategies Inc. increased its stake in shares of Under Armour by 24.9% in the 2nd quarter. Summit Financial Strategies Inc. now owns 19,415 shares of the company’s stock valued at $127,000 after acquiring an additional 3,868 shares in the last quarter. SFG Wealth Management LLC. increased its stake in shares of Under Armour by 20.8% in the 3rd quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company’s stock valued at $194,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Under Armour by 1.5% in the 2nd quarter. Renaissance Technologies LLC now owns 410,300 shares of the company’s stock valued at $2,679,000 after acquiring an additional 5,890 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

Under Armour Stock Performance

NYSE:UA opened at $9.00 on Wednesday. The company has a fifty day moving average of $8.49 and a 200-day moving average of $7.56. The firm has a market capitalization of $3.89 billion, a P/E ratio of -224.88 and a beta of 1.67. The company has a quick ratio of 1.24, a current ratio of 2.18 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a twelve month low of $6.02 and a twelve month high of $10.62.

Insider Activity

In other news, CFO David Bergman sold 30,000 shares of Under Armour stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $9.09, for a total value of $272,700.00. Following the completion of the sale, the chief financial officer now owns 494,210 shares in the company, valued at $4,492,368.90. The trade was a 5.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Mehri Shadman sold 9,639 shares of the business’s stock in a transaction 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 sale, the insider now owns 172,899 shares of the company’s stock, valued at $1,523,240.19. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 56,879 shares of company stock worth $508,642 in the last quarter. 15.60% of the stock is owned by corporate insiders.

Under Armour 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.