Under Armour, Inc. (NYSE:UA) Holdings Decreased by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its holdings in Under Armour, Inc. (NYSE:UA) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,794 shares of the company’s stock after selling 3,509 shares during the period. Yousif Capital Management LLC’s holdings in Under Armour were worth $342,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Weiss Asset Management LP bought a new stake in shares of Under Armour in the 3rd quarter valued at approximately $3,628,000. Assenagon Asset Management S.A. acquired a new stake in Under Armour in the fourth quarter valued at approximately $2,983,000. Verition Fund Management LLC bought a new stake in Under Armour in the third quarter worth approximately $2,594,000. FMR LLC increased its stake in shares of Under Armour by 841.6% during the 3rd quarter. FMR LLC now owns 189,275 shares of the company’s stock worth $1,582,000 after purchasing an additional 169,174 shares during the last quarter. Finally, BDT Capital Partners LLC raised its holdings in shares of Under Armour by 0.3% during the 3rd quarter. BDT Capital Partners LLC now owns 60,000,000 shares of the company’s stock valued at $501,600,000 after purchasing an additional 161,901 shares in the last quarter. 36.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Under Armour

In other Under Armour news, CFO David Bergman sold 30,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $9.09, for a total value of $272,700.00. Following the sale, the chief financial officer now directly owns 494,210 shares in the company, valued at $4,492,368.90. This trade represents a 5.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 15.60% of the company’s stock.

Under Armour Stock Down 1.4 %

UA opened at $6.64 on Tuesday. The firm has a market cap of $2.87 billion, a P/E ratio of -22.88 and a beta of 1.67. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.01. The business has a 50 day moving average price of $7.47 and a 200 day moving average price of $7.84. Under Armour, Inc. has a twelve month low of $6.02 and a twelve month high of $10.62.

Under Armour (NYSE:UA) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same period in the previous year, the business earned $0.25 earnings per share.

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.