Under Armour, Inc. (NYSE:UA - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $6.27, but opened at $5.12. Under Armour shares last traded at $5.15, with a volume of 3,299,644 shares.
Under Armour Price Performance
The stock has a 50 day moving average price of $6.43 and a two-hundred day moving average price of $6.26. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.25 and a current ratio of 2.10. The company has a market capitalization of $2.21 billion, a PE ratio of 23.59 and a beta of 1.54.
Under Armour (NYSE:UA - Get Free Report) last posted 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 positive return on equity of 7.04% and a negative net margin of 3.90%. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.36 billion.
Insider Buying and Selling at Under Armour
In related news, insider Mehri Shadman sold 16,287 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total value of $100,002.18. Following the transaction, the insider directly owned 191,796 shares of the company's stock, valued at approximately $1,177,627.44. This trade represents a 7.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 15.60% of the company's stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in UA. UMB Bank n.a. increased its position in Under Armour by 361.9% in the 2nd quarter. UMB Bank n.a. now owns 4,102 shares of the company's stock worth $27,000 after buying an additional 3,214 shares during the period. Bellwether Advisors LLC bought a new position in Under Armour in the 4th quarter worth approximately $29,000. Quarry LP bought a new position in Under Armour in the 4th quarter worth approximately $30,000. Teza Capital Management LLC bought a new position in Under Armour in the 1st quarter worth approximately $60,000. Finally, Tyler Stone Wealth Management acquired a new stake in shares of Under Armour during the 1st quarter worth approximately $71,000. 36.35% of the stock is owned by institutional investors.
Under Armour Company Profile
(
Get Free Report)
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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