Amalgamated Bank lessened its position in shares of Under Armour, Inc. (NYSE:UA - Free Report) by 49.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 60,647 shares of the company's stock after selling 60,429 shares during the quarter. Amalgamated Bank's holdings in Under Armour were worth $507,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Peoples Bank KS purchased a new stake in Under Armour during the 3rd quarter worth approximately $59,000. Janney Montgomery Scott LLC acquired a new position in shares of Under Armour in the 1st quarter valued at $78,000. CWM LLC increased its position in Under Armour by 31.1% during the second quarter. CWM LLC now owns 12,628 shares of the company's stock worth $82,000 after buying an additional 2,995 shares during the period. Algert Global LLC acquired a new position in Under Armour in the 2nd quarter valued at about $98,000. Finally, Ridgewood Investments LLC acquired a new position in shares of Under Armour during the second quarter worth about $112,000. Hedge funds and other institutional investors own 36.35% of the company's stock.
Under Armour Price Performance
Shares of UA stock traded up $0.06 during mid-day trading on Friday, reaching $8.97. The stock had a trading volume of 4,430,383 shares, compared to its average volume of 3,433,898. Under Armour, Inc. has a 12-month low of $6.02 and a 12-month 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 business has a 50-day simple moving average of $8.04 and a 200 day simple moving average of $7.29. The company has a market cap of $3.88 billion, a P/E ratio of -224.25 and a beta of 1.64.
About Under Armour
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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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