Under Armour Inc (NYSE:UA) Insider Sells $306,472.32 in Stock

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Under Armour Inc (NYSE:UA) insider Kevin Eskridge sold 19,348 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $15.84, for a total transaction of $306,472.32. Following the completion of the transaction, the insider now owns 174,412 shares in the company, valued at $2,762,686.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

NYSE UA traded up $0.38 during trading hours on Wednesday, reaching $17.01. The company’s stock had a trading volume of 2,368,161 shares, compared to its average volume of 2,289,267. The firm has a fifty day simple moving average of $17.19 and a 200-day simple moving average of $19.46. The stock has a market cap of $7.81 billion, a P/E ratio of 63.00 and a beta of 1.02. Under Armour Inc has a 52 week low of $15.05 and a 52 week high of $24.55. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.05 and a quick ratio of 1.29.

Under Armour (NYSE:UA) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.05). The business had revenue of $1.43 billion during the quarter. Under Armour had a net margin of 2.14% and a return on equity of 7.24%. On average, research analysts expect that Under Armour Inc will post 0.35 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in the business. Ossiam acquired a new stake in shares of Under Armour during the 2nd quarter worth approximately $28,000. Cullen Frost Bankers Inc. bought a new position in shares of Under Armour in the 3rd quarter worth $28,000. FinTrust Capital Advisors LLC bought a new position in shares of Under Armour in the 3rd quarter worth $36,000. Valeo Financial Advisors LLC lifted its holdings in shares of Under Armour by 96.7% in the 3rd quarter. Valeo Financial Advisors LLC now owns 2,016 shares of the company’s stock worth $37,000 after purchasing an additional 991 shares in the last quarter. Finally, Capital Bank & Trust Co bought a new position in shares of Under Armour in the 2nd quarter worth $39,000. 34.76% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts recently weighed in on UA shares. Raymond James raised shares of Under Armour to a “buy” rating and set a $30.00 price objective for the company in a research report on Wednesday, November 27th. Sanford C. Bernstein raised shares of Under Armour from an “underperform” rating to a “market perform” rating in a research report on Tuesday, September 3rd. Needham & Company LLC reaffirmed a “hold” rating on shares of Under Armour in a research report on Thursday, October 10th. Susquehanna Bancshares set a $14.00 price objective on shares of Under Armour and gave the stock a “sell” rating in a research report on Friday, October 18th. Finally, Evercore ISI reaffirmed a “buy” rating and set a $33.00 price objective on shares of Under Armour in a research report on Sunday, August 11th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $23.10.

About Under Armour

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold.

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