Barclays PLC Purchases 7,108 Shares of Under Armour, Inc. (NYSE:UA)

Barclays PLC grew its position in shares of Under Armour, Inc. (NYSE:UA) by 2.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 304,273 shares of the company’s stock after buying an additional 7,108 shares during the quarter. Barclays PLC’s holdings in Under Armour were worth $2,544,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Peoples Bank KS purchased a new position in shares of Under Armour in the 3rd quarter worth about $59,000. Algert Global LLC purchased a new position in Under Armour in the second quarter valued at about $98,000. ProShare Advisors LLC bought a new position in shares of Under Armour during the 2nd quarter valued at approximately $118,000. Gateway Wealth Partners LLC purchased a new stake in shares of Under Armour during the 2nd quarter worth approximately $124,000. Finally, SFG Wealth Management LLC. raised its holdings 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 worth $194,000 after purchasing an additional 4,000 shares during the period. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Price Performance

Shares of NYSE UA opened at $7.58 on Thursday. 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 stock has a fifty day simple moving average of $8.44 and a two-hundred day simple moving average of $7.65. Under Armour, Inc. has a 1-year low of $6.02 and a 1-year high of $10.62. The firm has a market cap of $3.28 billion, a price-to-earnings ratio of -189.50 and a beta of 1.67.

Insider Activity

In other news, insider Mehri Shadman sold 17,240 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $8.76, for a total value of $151,022.40. Following the sale, the insider now owns 182,538 shares of the company’s stock, valued at $1,599,032.88. The trade was a 8.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO David Bergman sold 30,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now directly owns 494,210 shares of the company’s stock, valued at approximately $4,492,368.90. This trade represents a 5.72 % decrease in their ownership of the stock. 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 90 days. Insiders own 15.60% of the company’s stock.

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.