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

Under Armour, Inc. (NYSE:UA) insider Mehri Shadman sold 9,639 shares of the company’s stock in a transaction that occurred 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 transaction, the insider now owns 172,899 shares of the company’s stock, valued at approximately $1,523,240.19. This trade represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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 Trading Down 2.9 %

NYSE:UA opened at $8.57 on Wednesday. The company has a current ratio of 2.18, a quick ratio of 1.24 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of -214.25 and a beta of 1.64. The firm has a fifty day simple moving average of $8.12 and a two-hundred day simple moving average of $7.32. Under Armour, Inc. has a 12 month low of $6.02 and a 12 month high of $10.62.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in UA. BNP Paribas Financial Markets lifted its stake in shares of Under Armour by 282.7% in the first quarter. BNP Paribas Financial Markets now owns 50,889 shares of the company’s stock valued at $363,000 after buying an additional 37,593 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Under Armour in the first quarter valued at $78,000. Edgestream Partners L.P. bought a new position in shares of Under Armour in the first quarter valued at $1,217,000. Seven Eight Capital LP bought a new position in shares of Under Armour in the first quarter valued at $243,000. Finally, PEAK6 Investments LLC lifted its stake in shares of Under Armour by 36.1% in the first quarter. PEAK6 Investments LLC now owns 55,283 shares of the company’s stock valued at $395,000 after buying an additional 14,673 shares in the last quarter. 36.35% of the stock is 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.