BNP Paribas Financial Markets Raises Stock Holdings in Under Armour, Inc. (NYSE:UA)

BNP Paribas Financial Markets lifted its stake in shares of Under Armour, Inc. (NYSE:UA - Free Report) by 781.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 125,230 shares of the company's stock after purchasing an additional 111,027 shares during the quarter. BNP Paribas Financial Markets' holdings in Under Armour were worth $1,047,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. CWM LLC grew its stake in Under Armour by 31.1% in the 2nd quarter. CWM LLC now owns 12,628 shares of the company's stock valued at $82,000 after acquiring an additional 2,995 shares during the last quarter. Resonant Capital Advisors LLC grew its stake in Under Armour by 16.2% in the 2nd quarter. Resonant Capital Advisors LLC now owns 25,705 shares of the company's stock valued at $168,000 after acquiring an additional 3,582 shares during the last quarter. Summit Financial Strategies Inc. grew its stake in Under Armour by 24.9% in the 2nd quarter. Summit Financial Strategies Inc. now owns 19,415 shares of the company's stock valued at $127,000 after acquiring an additional 3,868 shares during the last quarter. SFG Wealth Management LLC. grew its stake in Under Armour by 20.8% in the 3rd quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company's stock valued at $194,000 after acquiring an additional 4,000 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in Under Armour by 1.5% in the 2nd quarter. Renaissance Technologies LLC now owns 410,300 shares of the company's stock valued at $2,679,000 after acquiring an additional 5,890 shares during the last quarter. 36.35% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Under Armour

In other Under Armour news, CFO David Bergman sold 30,000 shares of the business'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 directly owns 494,210 shares in the company, valued at $4,492,368.90. The trade was a 5.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mehri Shadman sold 9,639 shares of Under Armour stock in a transaction on Monday, November 18th. The shares were sold at an average price of $8.81, for a total transaction of $84,919.59. Following the transaction, 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 disclosure for this sale can be found here. Insiders have sold a total of 56,879 shares of company stock worth $508,642 in the last three months. Company insiders own 15.60% of the company's stock.

Under Armour Trading Up 2.1 %

NYSE:UA traded up $0.19 on Wednesday, reaching $9.17. The stock had a trading volume of 3,422,342 shares, compared to its average volume of 3,272,225. The company has a market cap of $3.97 billion, a price-to-earnings ratio of -224.88 and a beta of 1.67. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.24. The firm's fifty day moving average is $8.49 and its two-hundred day moving average is $7.56. Under Armour, Inc. has a 12-month low of $6.02 and a 12-month high of $10.62.

Under Armour Profile

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.