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

Under Armour, Inc. (NYSE:UA) insider Mehri Shadman sold 9,639 shares of the firm’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 directly owns 172,899 shares of the company’s stock, valued at approximately $1,523,240.19. The trade was a 5.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Friday, November 15th, Mehri Shadman sold 17,240 shares of Under Armour stock. The shares were 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 $8.32 on Thursday. The firm has a 50 day simple moving average of $8.15 and a 200-day simple moving average of $7.33. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.24. Under Armour, Inc. has a one year low of $6.02 and a one year high of $10.62.

Institutional Trading of Under Armour

Hedge funds have recently added to or reduced their stakes in the company. Edgestream Partners L.P. acquired a new stake in Under Armour in the first quarter valued at approximately $1,217,000. Dimensional Fund Advisors LP raised its holdings in Under Armour by 7.7% in the second quarter. Dimensional Fund Advisors LP now owns 11,089,780 shares of the company’s stock valued at $72,415,000 after acquiring an additional 795,803 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in Under Armour in the second quarter valued at approximately $4,579,000. Gateway Wealth Partners LLC acquired a new stake in Under Armour in the second quarter valued at approximately $124,000. Finally, PEAK6 Investments LLC raised its holdings in 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 acquiring an additional 14,673 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

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.