Under Armour, Inc. (NYSE:UA) Insider Mehri Shadman Sells 17,240 Shares

Under Armour, Inc. (NYSE:UA) insider Mehri Shadman sold 17,240 shares of the business’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 completion of the sale, the insider now owns 182,538 shares in the company, valued at approximately $1,599,032.88. This trade represents a 8.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, November 18th, Mehri Shadman sold 9,639 shares of Under Armour stock. The shares were sold at an average price of $8.81, for a total value of $84,919.59.

Under Armour Stock Performance

NYSE:UA opened at $8.43 on Friday. The firm has a market capitalization of $3.65 billion, a PE ratio of -210.75 and a beta of 1.64. The stock’s fifty day moving average is $8.18 and its 200 day moving average is $7.34. Under Armour, Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $10.62. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.18.

Hedge Funds Weigh In On Under Armour

Hedge funds have recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in shares of Under Armour by 2.4% in the third quarter. Barclays PLC now owns 304,273 shares of the company’s stock worth $2,544,000 after purchasing an additional 7,108 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Under Armour in the 3rd quarter valued at about $464,000. XTX Topco Ltd increased its position in shares of Under Armour by 307.5% during the third quarter. XTX Topco Ltd now owns 108,788 shares of the company’s stock worth $909,000 after acquiring an additional 82,089 shares during the period. Weiss Asset Management LP bought a new stake in shares of Under Armour during the third quarter valued at approximately $3,628,000. Finally, Quantinno Capital Management LP grew its stake in Under Armour by 45.2% in the third quarter. Quantinno Capital Management LP now owns 104,477 shares of the company’s stock worth $873,000 after purchasing an additional 32,503 shares in the last quarter. 36.35% of the stock is currently owned by institutional investors.

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.