Under Armour, Inc. (NYSE:UA) is now up 39.87% compared to a 12-month low of $15.05. We have seen the price to move -13.69% lower and get settled at $21.05 on 7/30/2019. At recent session, it appeared stuck in a range of $19.6 to $21.34. This company shares are -28.74% up from its target price of $15 and the current market capitalization stands at $0. The recent change has given its price a -7.2% deficit over SMA 50 and -14.26% deficit over its 52-week high. The stock witnessed -5.18% declines, 1.59% gains and 11.2% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found UA’s volatility during a week at 3.46% and during a month it has been found around 2.54%.
What Does Under Armour, Inc. (UA) Do?
The company describes itself in regulatory filings as, “Under Armour, Inc. engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. It operates through the following segments: North America, EMEA, Asia-Pacific, Latin America, and Connected Fitness. The North America segment comprises of U.S. and Canada. The Connected Fitness segment offers digital fitness subscriptions, along with digital advertising through its MapMyFitness, MyFitnessPal, and Endomondo. applications. The company was founded by Kevin A. Plank in 1996 and is headquartered in Baltimore, MD.” [Text can be found here: https://www.marketwatch.com/investing/stock/UA/profile under company description.]Under Armour, Inc. 13F Filings
At the end of March reporting period, 160 institutional holders increased their position in Under Armour, Inc. (NYSE:UA) by some 8,588,738 shares, 186 decreased positions by 14,091,299 and 141 held positions by 122,732,839. That puts total institutional holdings at 145,412,876 shares, according to SEC filings. The stock grabbed 47 new institutional investments totaling 2,768,777 shares while 52 institutional investors sold out their entire positions totaling 6,418,747 shares.
Multiple company employees have indulged in significant insider trading. Under Armour, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Digital Officer Fipps Paul has sold 23,247 shares of Under Armour, Inc. (UA) in the trading session dated Feb. 22, 2019. These shares are worth $453,084 and were traded at $19.49 each. The SEC filing shows that Bergman David performed a sale of 2,500 shares. The CFO disposed these shares by way of transaction on Nov. 30, 2018. The company’s shares were given away at $22 per share worth to an income of some $55,000 to the account of Bergman David.
CFO, Bergman David, sold 5,000 common shares of Under Armour, Inc. (UA) in the open market. In a transaction dated Nov. 06, 2018, the shares were put up for sale at an average price of $21.3, raking in a sum of $106,500. After this sale, 160,166 common shares of UA are directly owned by the insider, with total stake valued at $3,371,494.
In the transaction dated Aug. 22, 2018, a great number of shares sold came courtesy the CFO; Bergman David disposed a total of 5,000 shares at an average price of $19.89, amounting to approximately $99,450. The insider now directly owns 165,166 shares worth $3,476,744.Under Armour, Inc. (UA) Analyst Guide
Several analysts have released their opinion on Under Armour, Inc. (NYSE:UA), with 4 analysts believing it is a strong buy. Whereas 14 of them predict the stock is a hold. Also, there are 5 buy, 5 sell and 1 strong sell ratings, collectively assigning a 2.79 average brokerage recommendation [T1].