Barclays PLC Has $2.54 Million Stake in Under Armour, Inc. (NYSE:UA)

Barclays PLC lifted its position in shares of Under Armour, Inc. (NYSE:UA) by 2.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 304,273 shares of the company’s stock after buying an additional 7,108 shares during the quarter. Barclays PLC owned about 0.07% of Under Armour worth $2,544,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of UA. Peoples Bank KS acquired a new position in Under Armour in the third quarter valued at approximately $59,000. Algert Global LLC bought a new stake in shares of Under Armour in the 2nd quarter valued at $98,000. ProShare Advisors LLC acquired a new position in shares of Under Armour during the 2nd quarter valued at $118,000. Gateway Wealth Partners LLC bought a new position in Under Armour during the second quarter worth $124,000. Finally, AQR Capital Management LLC boosted its stake in Under Armour by 87.6% during the second quarter. AQR Capital Management LLC now owns 24,468 shares of the company’s stock worth $160,000 after acquiring an additional 11,426 shares in the last quarter. Institutional investors own 36.35% of the company’s stock.

Insider Activity

In other Under Armour news, CFO David Bergman sold 30,000 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $9.09, for a total transaction of $272,700.00. Following the transaction, the chief financial officer now owns 494,210 shares in the company, valued at approximately $4,492,368.90. This represents a 5.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Mehri Shadman sold 17,240 shares of Under Armour stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $8.76, for a total transaction of $151,022.40. Following the transaction, the insider now owns 182,538 shares of the company’s stock, valued at $1,599,032.88. This represents a 8.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 56,879 shares of company stock worth $508,642 in the last three months. Company insiders own 15.60% of the company’s stock.

Under Armour Trading Down 0.7 %

UA opened at $7.58 on Thursday. The company has a fifty day moving average price of $8.44 and a two-hundred day moving average price of $7.65. Under Armour, Inc. has a 1-year low of $6.02 and a 1-year high of $10.62. The company has a market cap of $3.28 billion, a P/E ratio of -189.50 and a beta of 1.67. The company has a current ratio of 2.18, a quick ratio of 1.24 and a debt-to-equity ratio of 0.30.

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.