SG Americas Securities LLC Buys 22,442 Shares of Under Armour, Inc. (NYSE:UA)

SG Americas Securities LLC grew its stake in shares of Under Armour, Inc. (NYSE:UA) by 159.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 36,490 shares of the company’s stock after buying an additional 22,442 shares during the period. SG Americas Securities LLC’s holdings in Under Armour were worth $272,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Sugar Maple Asset Management LLC bought a new position in Under Armour in the fourth quarter worth $45,000. Assenagon Asset Management S.A. bought a new position in shares of Under Armour during the 4th quarter worth about $2,983,000. Oak Thistle LLC bought a new position in shares of Under Armour during the 4th quarter worth about $248,000. Barclays PLC raised its position in Under Armour by 2.4% in the third quarter. Barclays PLC now owns 304,273 shares of the company’s stock worth $2,544,000 after purchasing an additional 7,108 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in Under Armour during the third quarter worth about $464,000. Institutional investors own 36.35% of the company’s stock.

Under Armour Stock Down 0.3 %

NYSE UA opened at $7.36 on Thursday. Under Armour, Inc. has a 1-year low of $6.02 and a 1-year high of $10.62. The company has a current ratio of 2.18, a quick ratio of 1.24 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average is $7.83 and its two-hundred day moving average is $7.82. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of -184.00 and a beta of 1.67.

Insider Buying and Selling

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 approximately $4,492,368.90. This trade 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 link. Also, insider Mehri Shadman sold 17,240 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $8.76, for a total value of $151,022.40. Following the completion of the transaction, the insider now directly owns 182,538 shares in the company, valued at $1,599,032.88. The trade was a 8.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 56,879 shares of company stock worth $508,642 in the last 90 days. 15.60% of the stock is owned by company insiders.

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.