Under Armour, Inc. (NYSE:UA) CAO Buys $10,000.05 in Stock

Key Points

• Under Armour's CAO Eric J. Aumen purchased 2,045 shares at an average price of $4.89, totaling $10,000.05, increasing his ownership by 2.28% to 91,796 shares.
• The company's stock has seen a decline, trading down 3.0% to $4.76, with a market cap of $2.03 billion and a P/E ratio of 21.61.
• Under Armour's recent quarterly earnings matched analysts' expectations with earnings per share of $0.02, but revenue fell short at $1.13 billion compared to the anticipated $1.36 billion.

Under Armour, Inc. (NYSE:UA - Get Free Report) CAO Eric J. Aumen bought 2,045 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was bought at an average price of $4.89 per share, with a total value of $10,000.05. Following the completion of the acquisition, the chief accounting officer owned 91,796 shares in the company, valued at $448,882.44. This represents a 2.28% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Under Armour Trading Down 3.0%

NYSE:UA traded down $0.15 during trading hours on Thursday, hitting $4.76. The company had a trading volume of 7,457,693 shares, compared to its average volume of 4,323,587. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average of $6.32 and a 200 day moving average of $6.19. The company has a market cap of $2.03 billion, a P/E ratio of 21.61 and a beta of 1.54. Under Armour, Inc. has a 1 year low of $4.62 and a 1 year high of $10.62.

Under Armour (NYSE:UA - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, hitting analysts' consensus estimates of $0.02. Under Armour had a return on equity of 7.24% and a net margin of 1.99%. The business had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.36 billion.

Hedge Funds Weigh In On Under Armour

Hedge funds have recently bought and sold shares of the company. Bellwether Advisors LLC acquired a new position in Under Armour during the fourth quarter worth approximately $29,000. Laurel Wealth Advisors LLC grew its stake in shares of Under Armour by 549.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,920 shares of the company's stock valued at $25,000 after purchasing an additional 3,316 shares during the last quarter. Quarry LP purchased a new position in shares of Under Armour in the 4th quarter valued at approximately $30,000. UMB Bank n.a. grew its stake in shares of Under Armour by 361.9% in the 2nd quarter. UMB Bank n.a. now owns 4,102 shares of the company's stock valued at $27,000 after purchasing an additional 3,214 shares during the last quarter. Finally, Cerity Partners LLC purchased a new position in shares of Under Armour in the 2nd quarter valued at approximately $65,000. Institutional investors and hedge funds own 36.35% 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.

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