Under Armour, Inc. (NYSE:UA) Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its holdings in Under Armour, Inc. (NYSE:UA) by 45.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 104,477 shares of the company’s stock after purchasing an additional 32,503 shares during the quarter. Quantinno Capital Management LP’s holdings in Under Armour were worth $873,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in UA. Dimensional Fund Advisors LP raised its stake in Under Armour by 7.7% during the second quarter. Dimensional Fund Advisors LP now owns 11,089,780 shares of the company’s stock worth $72,415,000 after purchasing an additional 795,803 shares during the period. Victory Capital Management Inc. raised its position in shares of Under Armour by 14.2% in the 2nd quarter. Victory Capital Management Inc. now owns 6,059,071 shares of the company’s stock worth $39,566,000 after buying an additional 752,018 shares during the period. WINTON GROUP Ltd purchased a new position in shares of Under Armour in the 2nd quarter worth $4,579,000. Verition Fund Management LLC acquired a new position in Under Armour in the third quarter valued at $2,594,000. Finally, FMR LLC grew its position in Under Armour by 841.6% during the third quarter. FMR LLC now owns 189,275 shares of the company’s stock valued at $1,582,000 after acquiring an additional 169,174 shares during the period. 36.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Mehri Shadman sold 9,639 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $8.81, for a total value of $84,919.59. Following the completion of the sale, the insider now owns 172,899 shares of the company’s stock, valued at $1,523,240.19. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO David Bergman sold 30,000 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $9.09, for a total value of $272,700.00. Following the completion of the sale, the chief financial officer now 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 position. The disclosure for this sale can be found here. In the last quarter, insiders sold 56,879 shares of company stock valued at $508,642. 15.60% of the stock is currently owned by corporate insiders.

Under Armour Stock Performance

Under Armour stock opened at $8.01 on Friday. The company has a market cap of $3.46 billion, a price-to-earnings ratio of -200.13 and a beta of 1.66. Under Armour, Inc. has a 12 month low of $6.02 and a 12 month high of $10.62. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.24. The stock’s 50-day moving average is $8.52 and its 200-day moving average is $7.59.

About Under Armour

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.