Under Armour, Inc. (NYSE:UAA) is at least 45.76% than its current record low price of $16.52. There was a -12.24% decline on 7/30/2019 that led the price to move at $24.08. At a recent session, the prices were hovering between $22.05 and $24.35. This company shares are -3.36% up from its target price of $23.27 and the current market capitalization stands at $10.25B. The recent change has given its price a -6.4% deficit over SMA 50 and -13.13% deficit over its 52-week high. The stock witnessed -5.01% declines, 4.29% gains and 15.27% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found UAA’s volatility during a week at 3.67% and during a month it has been found around 2.57%.
What Does Under Armour, Inc. (UAA) 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/UAA/profile under company description.]Under Armour, Inc. (UAA) Top Holders
Institutional investors currently hold around $4.7 billion or 94.1% in UAA stock. Look at its top three institutional owners: Wellington Management Group Llp owns $592.85 million in Under Armour, Inc., which represents roughly 5.78% of the company’s market cap and approximately 12.62% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 19,072,081 shares of the stock are valued at $523.34 million. The third largest holder is Adage Capital Partners Gp, L.L.C., which currently holds $342.76 million worth of this stock and that ownership represents nearly 3.34% of its market capitalization.
At the end of March reporting period, 223 institutional holders increased their position in Under Armour, Inc. (NYSE:UAA) by some 24,112,957 shares, 205 decreased positions by 27,808,143 and 130 held positions by 119,277,999. That puts total institutional holdings at 171,199,099 shares, according to SEC filings. The stock grabbed 69 new institutional investments totaling 5,350,428 shares while 60 institutional investors sold out their entire positions totaling 20,432,215 shares.Under Armour, Inc. (NYSE:UAA) Insider Trades
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 3,106 shares of Under Armour, Inc. (UAA) in the trading session dated Feb. 22, 2019. These shares are worth $66,934 and were traded at $21.55 each. The SEC filing shows that Frisk Patrik performed a purchase of 14,000 shares. The President & COO added these shares by way of transaction on May. 11, 2018. The company’s shares were assimilated at $18.5 per share worth to an investment of some $259,000 to the account of Frisk Patrik.
Director, McDermott William R, sold 6,508 common shares of Under Armour, Inc. (UAA) in the open market. In a transaction dated May. 07, 2018, the shares were put up for sale at an average price of $17.7, raking in a sum of $115,192. After this sale, 59,657 common shares of UAA are directly owned by the insider, with total stake valued at $1,436,542.
In the transaction dated May. 03, 2018, a great number of shares sold came courtesy the Director; SANDERS HARVEY disposed a total of 6,513 shares at an average price of $18.36, amounting to approximately $119,579. The insider now directly owns 235,426 shares worth $5,669,059.Under Armour, Inc. (UAA) Analyst Guide
Several analysts have released their opinion on Under Armour, Inc. (NYSE:UAA), 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].