Under Armour, Inc. (NYSE:UAA) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in Under Armour, Inc. (NYSE:UAA - Free Report) by 37.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 158,541 shares of the company's stock after acquiring an additional 43,158 shares during the quarter. SG Americas Securities LLC's holdings in Under Armour were worth $1,313,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Under Armour by 163.6% during the third quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company's stock worth $26,000 after purchasing an additional 1,800 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in Under Armour during the third quarter worth approximately $56,000. CWM LLC raised its holdings in Under Armour by 20.7% in the 3rd quarter. CWM LLC now owns 8,211 shares of the company's stock worth $73,000 after acquiring an additional 1,409 shares during the period. Versant Capital Management Inc increased its position in Under Armour by 63.2% in the 4th quarter. Versant Capital Management Inc now owns 10,037 shares of the company's stock worth $83,000 after buying an additional 3,885 shares during the period. Finally, City State Bank grew its position in Under Armour by 292.6% in the 3rd quarter. City State Bank now owns 10,063 shares of the company's stock worth $90,000 after purchasing an additional 7,500 shares during the last quarter. 34.58% of the stock is currently owned by institutional investors.

Under Armour Trading Down 1.5 %

UAA stock traded down $0.13 during trading on Tuesday, hitting $8.13. The company had a trading volume of 12,491,715 shares, compared to its average volume of 9,183,615. The company has a 50 day simple moving average of $8.88 and a 200-day simple moving average of $8.39. The firm has a market capitalization of $3.52 billion, a P/E ratio of -271.04 and a beta of 1.70. Under Armour, Inc. has a 52-week low of $6.17 and a 52-week high of $11.89. The company has a quick ratio of 1.24, a current ratio of 2.18 and a debt-to-equity ratio of 0.30.

Analysts Set New Price Targets

UAA has been the subject of a number of analyst reports. Robert W. Baird raised their price target on shares of Under Armour from $8.00 to $10.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. Morgan Stanley reaffirmed an "underweight" rating and issued a $4.00 target price on shares of Under Armour in a research note on Friday, December 13th. Telsey Advisory Group restated a "market perform" rating and issued a $10.00 price target on shares of Under Armour in a research report on Friday, December 13th. Barclays dropped their price target on Under Armour from $12.00 to $11.00 and set an "equal weight" rating on the stock in a research report on Monday, December 16th. Finally, Argus downgraded Under Armour from a "buy" rating to a "hold" rating in a research report on Thursday, January 16th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $9.22.

Insider Transactions at Under Armour

In related news, insider Mehri Shadman sold 17,240 shares of the firm's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $8.76, for a total value of $151,022.40. Following the transaction, the insider now directly owns 182,538 shares of the company's stock, valued at approximately $1,599,032.88. This trade represents a 8.63 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO David Bergman sold 30,000 shares of the company's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $9.09, for a total transaction of $272,700.00. Following the sale, the chief financial officer now directly owns 494,210 shares of the company's stock, valued at approximately $4,492,368.90. This represents a 5.72 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 56,879 shares of company stock valued at $508,642. Corporate insiders own 15.60% of the company's stock.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.