State Street Corp Has $39.83 Million Holdings in Under Armour, Inc. (NYSE:UA)

State Street Corp decreased its position in Under Armour, Inc. (NYSE:UA) by 16.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,764,445 shares of the company’s stock after selling 945,645 shares during the quarter. State Street Corp’s holdings in Under Armour were worth $39,831,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Peoples Bank KS acquired a new stake in shares of Under Armour in the 3rd quarter valued at $59,000. Algert Global LLC acquired a new stake in shares of Under Armour during the 2nd quarter valued at $98,000. Ridgewood Investments LLC bought a new stake in Under Armour during the 2nd quarter worth $112,000. ProShare Advisors LLC bought a new stake in Under Armour during the 2nd quarter worth $118,000. Finally, Gateway Wealth Partners LLC acquired a new position in Under Armour in the 2nd quarter worth about $124,000. Institutional investors own 36.35% of the company’s stock.

Under Armour Price Performance

Under Armour stock opened at $7.78 on Friday. The company has a market capitalization of $3.36 billion, a PE ratio of -194.50 and a beta of 1.66. 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 50-day moving average price of $8.50 and a two-hundred day moving average price of $7.62. Under Armour, Inc. has a 12 month low of $6.02 and a 12 month high of $10.62.

Insider Activity

In other news, insider Mehri Shadman sold 9,639 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $8.81, for a total value of $84,919.59. Following the completion of the sale, 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 SEC, which is accessible through the SEC website. Also, CFO David Bergman sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $9.09, for a total transaction of $272,700.00. Following the completion of the transaction, the chief financial officer now owns 494,210 shares in the company, valued at $4,492,368.90. This trade represents a 5.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 56,879 shares of company stock valued at $508,642 over the last quarter. 15.60% of the stock is owned by company insiders.

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.