Sigma Planning Corp Makes New $82,000 Investment in Under Armour, Inc. (NYSE:UA)

Sigma Planning Corp purchased a new position in Under Armour, Inc. (NYSE:UA) during the fourth quarter, Holdings Channel reports. The fund purchased 10,933 shares of the company’s stock, valued at approximately $82,000.

Other large investors have also bought and sold shares of the company. Sugar Maple Asset Management LLC purchased a new position in Under Armour in the 4th quarter worth approximately $45,000. Kercheville Advisors LLC purchased a new position in shares of Under Armour during the fourth quarter valued at approximately $75,000. SFG Wealth Management LLC. increased its stake in shares of Under Armour by 20.8% during the third quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company’s stock valued at $194,000 after buying an additional 4,000 shares during the period. Summit Financial Strategies Inc. increased its stake in shares of Under Armour by 71.0% during the fourth quarter. Summit Financial Strategies Inc. now owns 33,195 shares of the company’s stock valued at $248,000 after buying an additional 13,780 shares during the period. Finally, Oak Thistle LLC purchased a new position in shares of Under Armour during the fourth quarter valued at approximately $248,000. 36.35% of the stock is owned by hedge funds and other institutional investors.

Under Armour Price Performance

UA opened at $6.36 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. Under Armour, Inc. has a 52-week low of $6.02 and a 52-week high of $10.62. The stock has a market capitalization of $2.73 billion, a PE ratio of -21.91 and a beta of 1.67. The stock’s 50 day moving average price is $7.18 and its 200-day moving average price is $7.81.

Under Armour (NYSE:UA) last posted its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same quarter in the previous year, the firm earned $0.25 EPS.

Insider Activity

In related news, CFO David Bergman sold 30,000 shares of Under Armour 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 sale, the chief financial officer now directly owns 494,210 shares in the company, valued at $4,492,368.90. The trade was a 5.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 15.60% of the company’s stock.

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.