UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $3.93 Million Position in Under Armour, Inc. (NYSE:UA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in shares of Under Armour, Inc. (NYSE:UA) by 7.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 469,836 shares of the company’s stock after selling 37,143 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Under Armour were worth $3,928,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets grew its stake in shares of Under Armour by 781.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 125,230 shares of the company’s stock worth $1,047,000 after acquiring an additional 111,027 shares in the last quarter. FMR LLC grew its stake in shares of Under Armour by 841.6% in the 3rd quarter. FMR LLC now owns 189,275 shares of the company’s stock worth $1,582,000 after acquiring an additional 169,174 shares in the last quarter. Alpha DNA Investment Management LLC bought a new stake in shares of Under Armour in the 3rd quarter worth $407,000. Quest Partners LLC bought a new stake in shares of Under Armour in the 3rd quarter worth $308,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Under Armour in the 3rd quarter worth $369,000. Institutional investors and hedge funds own 36.35% of the company’s stock.

Under Armour Price Performance

UA opened at $8.70 on Friday. The firm has a market cap of $3.76 billion, a P/E ratio of -217.50 and a beta of 1.66. The firm has a 50-day moving average of $8.53 and a 200 day moving average of $7.58. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.18. Under Armour, Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $10.62.

Insider Buying and Selling at Under Armour

In other news, insider Mehri Shadman sold 17,240 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $8.76, for a total transaction of $151,022.40. Following the transaction, the insider now directly owns 182,538 shares of the company’s stock, valued at approximately $1,599,032.88. This trade represents a 8.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO David Bergman sold 30,000 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $9.09, for a total transaction of $272,700.00. Following the sale, 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 disclosure for this sale can be found here. Insiders have sold a total of 56,879 shares of company stock valued at $508,642 over the last three months. 15.60% of the stock is currently owned by insiders.

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.