Values First Advisors Inc. decreased its position in shares of Under Armour, Inc. (NYSE:UA – Free Report) by 13.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,275 shares of the company’s stock after selling 13,937 shares during the period. Values First Advisors Inc.’s holdings in Under Armour were worth $688,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. BDT Capital Partners LLC grew its position in Under Armour by 0.3% in the third quarter. BDT Capital Partners LLC now owns 60,000,000 shares of the company’s stock worth $501,600,000 after acquiring an additional 161,901 shares in the last quarter. BNP Paribas Financial Markets lifted 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 valued at $1,047,000 after purchasing an additional 111,027 shares during the last quarter. XTX Topco Ltd boosted its holdings in Under Armour by 307.5% in the third quarter. XTX Topco Ltd now owns 108,788 shares of the company’s stock worth $909,000 after purchasing an additional 82,089 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in Under Armour during the fourth quarter worth $2,983,000. Finally, Verition Fund Management LLC bought a new position in Under Armour during the third quarter valued at about $2,594,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.
Under Armour Trading Down 0.2 %
Shares of NYSE:UA opened at $6.61 on Thursday. The company has a quick ratio of 1.24, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. The business has a 50-day moving average of $7.61 and a two-hundred day moving average of $7.83. Under Armour, Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $10.62.
Insider Transactions at Under Armour
In other Under Armour news, CFO David Bergman sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $9.09, for a total value 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 trade represents a 5.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Mehri Shadman sold 9,639 shares of Under Armour stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $8.81, for a total value of $84,919.59. Following the completion of the transaction, the insider now directly owns 172,899 shares in the company, valued at approximately $1,523,240.19. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 56,879 shares of company stock worth $508,642. 15.60% of the stock is owned by insiders.
Under Armour 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.
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