Nuveen Asset Management LLC lowered its position in Under Armour, Inc. (NYSE:UA – Get Rating) by 4.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,868,171 shares of the company's stock after selling 161,903 shares during the period. Nuveen Asset Management LLC owned about 0.85% of Under Armour worth $23,055,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Mirabella Financial Services LLP increased its holdings in Under Armour by 9.7% during the third quarter. Mirabella Financial Services LLP now owns 17,877 shares of the company's stock valued at $116,000 after buying an additional 1,586 shares during the period. Captrust Financial Advisors lifted its position in Under Armour by 25.8% during the second quarter. Captrust Financial Advisors now owns 8,041 shares of the company's stock valued at $61,000 after purchasing an additional 1,649 shares during the period. WMS Partners LLC lifted its position in Under Armour by 15.9% during the third quarter. WMS Partners LLC now owns 12,137 shares of the company's stock valued at $72,000 after purchasing an additional 1,661 shares during the period. Brown Advisory Inc. lifted its position in Under Armour by 4.0% during the third quarter. Brown Advisory Inc. now owns 49,501 shares of the company's stock valued at $296,000 after purchasing an additional 1,888 shares during the period. Finally, ExodusPoint Capital Management LP lifted its position in Under Armour by 42.0% during the second quarter. ExodusPoint Capital Management LP now owns 7,859 shares of the company's stock valued at $60,000 after purchasing an additional 2,325 shares during the period. Institutional investors own 32.63% of the company's stock.
Get Under Armour alerts:Under Armour Stock Performance
NYSE UA opened at $8.83 on Friday. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 25.23 and a beta of 1.63. The stock has a 50-day moving average of $9.65 and a 200 day moving average of $8.29. The company has a current ratio of 2.07, a quick ratio of 1.26 and a debt-to-equity ratio of 0.37. Under Armour, Inc. has a twelve month low of $5.74 and a twelve month high of $16.52.
Insider Transactions at Under Armour
In other news, insider Tchernavia Rocker sold 69,823 shares of the business's stock in a transaction that occurred on Friday, February 10th. The shares were sold at an average price of $9.32, for a total value of $650,750.36. Following the sale, the insider now directly owns 260,291 shares of the company's stock, valued at approximately $2,425,912.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 15.70% of the company's stock.
About Under Armour
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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 Connected Fitness segment offers digital fitness subscriptions, along with digital advertising through its MapMyFitness, MyFitnessPal, and Endomondo applications.
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