XTX Topco Ltd boosted its position in shares of Under Armour, Inc. (NYSE:UA - Free Report) by 307.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 108,788 shares of the company's stock after purchasing an additional 82,089 shares during the period. XTX Topco Ltd's holdings in Under Armour were worth $909,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Peoples Bank KS bought a new position in shares of Under Armour in the third quarter worth about $59,000. CWM LLC increased its stake in Under Armour by 31.1% during the second 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 period. Algert Global LLC bought a new position in Under Armour during the second quarter valued at about $98,000. Ridgewood Investments LLC bought a new position in Under Armour during the second quarter valued at about $112,000. Finally, ProShare Advisors LLC bought a new position in Under Armour during the second quarter valued at about $118,000. 36.35% of the stock is currently owned by hedge funds and other institutional investors.
Under Armour Price Performance
NYSE UA traded up $0.19 during trading on Wednesday, reaching $9.17. 3,422,342 shares of the company traded hands, compared to its average volume of 3,272,225. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.18. The stock's 50 day moving average price is $8.49 and its two-hundred day moving average price is $7.56. The company has a market cap of $3.97 billion, a price-to-earnings ratio of -224.88 and a beta of 1.67. Under Armour, Inc. has a 1-year low of $6.02 and a 1-year high of $10.62.
Insider Transactions at Under Armour
In other Under Armour news, insider Mehri Shadman sold 17,240 shares of the company's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $8.76, for a total transaction of $151,022.40. Following the completion of the sale, the insider now owns 182,538 shares in the company, valued at approximately $1,599,032.88. The trade was a 8.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO David Bergman sold 30,000 shares of the company's stock in a transaction 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 sale, the chief financial officer now owns 494,210 shares of the company's stock, valued at $4,492,368.90. The trade was a 5.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 56,879 shares of company stock valued at $508,642 in the last three months. 15.60% of the stock is owned by corporate insiders.
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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