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 company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $8.76, for a total value of $151,022.40. Following the completion of the sale, the insider now owns 182,538 shares of the company’s stock, valued at approximately $1,599,032.88. The trade was 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 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 transaction of $84,919.59.

Under Armour Trading Down 2.9 %

Shares of UA stock traded down $0.26 during trading hours on Tuesday, hitting $8.57. The company had a trading volume of 4,144,442 shares, compared to its average volume of 3,295,218. 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 current ratio of 2.18 and a quick ratio of 1.24. The company’s fifty day moving average is $8.12 and its 200 day moving average is $7.32. The stock has a market capitalization of $3.71 billion, a PE ratio of -214.25 and a beta of 1.64.

Institutional Trading of Under Armour

Hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC raised its holdings in shares of Under Armour by 31.1% in the second quarter. CWM LLC now owns 12,628 shares of the company’s stock valued at $82,000 after buying an additional 2,995 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in Under Armour by 16.2% in the 2nd quarter. Resonant Capital Advisors LLC now owns 25,705 shares of the company’s stock valued at $168,000 after buying an additional 3,582 shares in the last quarter. Summit Financial Strategies Inc. boosted its stake in shares of Under Armour by 24.9% during the 2nd quarter. Summit Financial Strategies Inc. now owns 19,415 shares of the company’s stock worth $127,000 after purchasing an additional 3,868 shares during the last quarter. SFG Wealth Management LLC. grew its position in shares of Under Armour by 20.8% in the third quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company’s stock valued at $194,000 after purchasing an additional 4,000 shares during the period. Finally, Profit Investment Management LLC increased its position in Under Armour by 0.7% during the second quarter. Profit Investment Management LLC now owns 569,878 shares of the company’s stock worth $3,721,000 after purchasing an additional 4,009 shares during the last quarter. 36.35% of the stock is currently owned by institutional investors and hedge funds.

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.