Rhumbline Advisers Has $3.03 Million Holdings in Under Armour, Inc. (NYSE:UA)

Rhumbline Advisers decreased its position in shares of Under Armour, Inc. (NYSE:UA) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 405,995 shares of the company’s stock after selling 4,784 shares during the quarter. Rhumbline Advisers owned approximately 0.09% of Under Armour worth $3,029,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sugar Maple Asset Management LLC bought a new position in shares of Under Armour during the fourth quarter valued at $45,000. Kercheville Advisors LLC acquired a new stake in Under Armour in the fourth quarter valued at $75,000. SFG Wealth Management LLC. raised its position in Under Armour by 20.8% during the 3rd quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company’s stock worth $194,000 after purchasing an additional 4,000 shares during the last quarter. Oak Thistle LLC bought a new position in Under Armour during the 4th quarter worth $248,000. Finally, Summit Financial Strategies Inc. lifted its holdings in Under Armour by 71.0% during the 4th quarter. Summit Financial Strategies Inc. now owns 33,195 shares of the company’s stock worth $248,000 after buying an additional 13,780 shares during the period. Institutional investors own 36.35% of the company’s stock.

Insider Activity

In other news, CFO David Bergman sold 30,000 shares of the firm’s stock in a transaction that occurred 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 completion of 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 sale was disclosed in a filing with the SEC, which is available through this link. 15.60% of the stock is owned by company insiders.

Under Armour Stock Up 0.1 %

Under Armour stock opened at $6.36 on Friday. The firm has a 50 day moving average price of $7.18 and a two-hundred day moving average price of $7.81. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. Under Armour, Inc. has a 52-week low of $6.02 and a 52-week high of $10.62. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of -21.91 and a beta of 1.67.

Under Armour (NYSE:UA) last announced its earnings results 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 quarter in the prior year, the firm 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.