Under Armour, Inc. (NYSE:UA) Insider Mehri Shadman Sells 9,639 Shares of Stock

Under Armour, Inc. (NYSE:UA) insider Mehri Shadman sold 9,639 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $8.81, for a total transaction of $84,919.59. Following the completion of the sale, the insider now directly owns 172,899 shares in the company, valued at $1,523,240.19. This represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Friday, November 15th, Mehri Shadman sold 17,240 shares of Under Armour stock. The stock was sold at an average price of $8.76, for a total transaction of $151,022.40.

Under Armour Stock Down 2.9 %

Under Armour stock opened at $8.57 on Wednesday. The firm has a market capitalization of $3.71 billion, a PE ratio of -214.25 and a beta of 1.64. The company’s 50-day moving average is $8.12 and its 200-day moving average is $7.32. 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.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Edgestream Partners L.P. bought a new stake in Under Armour in the 1st quarter valued at about $1,217,000. Dimensional Fund Advisors LP boosted its holdings in Under Armour by 7.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,089,780 shares of the company’s stock valued at $72,415,000 after purchasing an additional 795,803 shares during the period. WINTON GROUP Ltd bought a new stake in Under Armour in the 2nd quarter valued at about $4,579,000. Gateway Wealth Partners LLC bought a new stake in Under Armour in the 2nd quarter valued at about $124,000. Finally, PEAK6 Investments LLC boosted its holdings in Under Armour by 36.1% in the 1st quarter. PEAK6 Investments LLC now owns 55,283 shares of the company’s stock valued at $395,000 after purchasing an additional 14,673 shares during the period. Institutional investors and hedge funds own 36.35% 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.