BDT Capital Partners LLC boosted its stake in Under Armour, Inc. (NYSE:UA - Free Report) by 0.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,000,000 shares of the company's stock after buying an additional 161,901 shares during the period. Under Armour accounts for approximately 100.0% of BDT Capital Partners LLC's portfolio, making the stock its largest position. BDT Capital Partners LLC owned 13.88% of Under Armour worth $501,600,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its holdings in Under Armour by 7.7% in the second 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. Victory Capital Management Inc. lifted its holdings in shares of Under Armour by 14.2% during the second quarter. Victory Capital Management Inc. now owns 6,059,071 shares of the company's stock valued at $39,566,000 after purchasing an additional 752,018 shares during the last quarter. WINTON GROUP Ltd purchased a new position in shares of Under Armour during the second quarter valued at approximately $4,579,000. Profit Investment Management LLC lifted its holdings in shares of Under Armour by 0.7% during the second quarter. Profit Investment Management LLC now owns 569,878 shares of the company's stock valued at $3,721,000 after purchasing an additional 4,009 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of Under Armour by 1.5% during the second quarter. Renaissance Technologies LLC now owns 410,300 shares of the company's stock valued at $2,679,000 after purchasing an additional 5,890 shares during the last quarter. 36.35% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other Under Armour news, insider Mehri Shadman sold 9,639 shares of the business's stock in a transaction on Monday, November 18th. The shares were sold at an average price of $8.81, for a total value of $84,919.59. Following the sale, the insider now owns 172,899 shares in the company, valued at $1,523,240.19. The trade was a 5.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 15.60% of the company's stock.
Under Armour Stock Up 3.5 %
NYSE UA traded up $0.31 during mid-day trading on Monday, reaching $9.08. The stock had a trading volume of 2,172,048 shares, compared to its average volume of 3,275,219. Under Armour, Inc. has a 1 year low of $6.02 and a 1 year high of $10.62. The stock has a market cap of $3.93 billion, a PE ratio of -219.25 and a beta of 1.64. The company has a fifty day moving average price of $8.35 and a 200 day moving average price of $7.44. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.24.
About Under Armour
(
Free Report)
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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