SG Americas Securities LLC Purchases 22,442 Shares of Under Armour, Inc. (NYSE:UA)

SG Americas Securities LLC boosted its position in Under Armour, Inc. (NYSE:UA) by 159.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,490 shares of the company’s stock after acquiring an additional 22,442 shares during the period. SG Americas Securities LLC’s holdings in Under Armour were worth $272,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in UA. SFG Wealth Management LLC. lifted its stake in shares of Under Armour by 20.8% in the 3rd quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company’s stock valued at $194,000 after purchasing an additional 4,000 shares during the period. Sugar Maple Asset Management LLC bought a new position in Under Armour during the fourth quarter worth about $45,000. Barclays PLC grew its position in shares of Under Armour by 2.4% during the 3rd quarter. Barclays PLC now owns 304,273 shares of the company’s stock worth $2,544,000 after buying an additional 7,108 shares during the period. AQR Capital Management LLC increased its stake in shares of Under Armour by 87.6% in the 2nd quarter. AQR Capital Management LLC now owns 24,468 shares of the company’s stock valued at $160,000 after acquiring an additional 11,426 shares during the last quarter. Finally, Algert Global LLC acquired a new stake in shares of Under Armour in the 2nd quarter valued at approximately $98,000. Institutional investors own 36.35% of the company’s stock.

Under Armour Stock Down 0.3 %

Under Armour stock opened at $7.36 on Thursday. Under Armour, Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $10.62. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.24. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of -184.00 and a beta of 1.67. The company’s 50 day simple moving average is $7.83 and its 200 day simple moving average is $7.82.

Insider Transactions at Under Armour

In other news, insider Mehri Shadman sold 17,240 shares of the 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 of the company’s stock, valued at $1,599,032.88. This represents a 8.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO David Bergman sold 30,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was 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 in the company, valued at approximately $4,492,368.90. The trade was a 5.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 56,879 shares of company stock valued at $508,642 over the last three months. 15.60% of the stock is currently owned by corporate insiders.

Under Armour Company Profile

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.