Assenagon Asset Management S.A. bought a new position in Under Armour, Inc. (NYSE:UA – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 399,876 shares of the company’s stock, valued at approximately $2,983,000. Assenagon Asset Management S.A. owned 0.09% of Under Armour at the end of the most recent quarter.
Several other large investors have also made changes to their positions in UA. Dimensional Fund Advisors LP raised its position in shares of Under Armour by 7.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,089,780 shares of the company’s stock worth $72,415,000 after buying an additional 795,803 shares during the period. Renaissance Technologies LLC raised its position in shares of Under Armour by 1.5% in the 2nd quarter. Renaissance Technologies LLC now owns 410,300 shares of the company’s stock worth $2,679,000 after buying an additional 5,890 shares during the period. ProShare Advisors LLC purchased a new position in shares of Under Armour in the 2nd quarter worth $118,000. Squarepoint Ops LLC raised its position in shares of Under Armour by 54.5% in the 2nd quarter. Squarepoint Ops LLC now owns 113,618 shares of the company’s stock worth $742,000 after buying an additional 40,058 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of Under Armour by 87.6% in the 2nd quarter. AQR Capital Management LLC now owns 24,468 shares of the company’s stock worth $160,000 after buying an additional 11,426 shares during the period. 36.35% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Under Armour
In other Under Armour news, insider Mehri Shadman sold 9,639 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $8.81, for a total value of $84,919.59. Following the transaction, the insider now directly owns 172,899 shares of the company’s stock, valued at $1,523,240.19. This trade represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO David Bergman sold 30,000 shares of Under Armour stock in a transaction dated 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 directly owns 494,210 shares in the company, valued at approximately $4,492,368.90. The trade was a 5.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 56,879 shares of company stock valued at $508,642 over the last three months. 15.60% of the stock is owned by company insiders.
Under Armour Trading Up 4.0 %
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.
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