Under Armour, Inc. (NYSE:UA) Shares Sold by Tradewinds LLC.

Tradewinds LLC. cut its position in Under Armour, Inc. (NYSE:UA) by 9.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,000 shares of the company’s stock after selling 2,500 shares during the quarter. Tradewinds LLC.’s holdings in Under Armour were worth $192,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in UA. Quest Partners LLC acquired a new stake in shares of Under Armour in the third quarter valued at approximately $308,000. Los Angeles Capital Management LLC acquired a new position in Under Armour in the third quarter valued at $369,000. SFG Wealth Management LLC. raised its holdings in shares of Under Armour by 20.8% in the third quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company’s stock valued at $194,000 after buying an additional 4,000 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in shares of Under Armour by 51.9% during the third quarter. Handelsbanken Fonder AB now owns 60,300 shares of the company’s stock worth $504,000 after buying an additional 20,600 shares during the last quarter. Finally, Peoples Bank KS acquired a new position in Under Armour in the 3rd quarter valued at about $59,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Stock Down 2.9 %

Shares of UA stock opened at $8.32 on Thursday. The company has a current ratio of 2.18, a quick ratio of 1.24 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average is $8.15 and its two-hundred day moving average is $7.33. Under Armour, Inc. has a twelve month low of $6.02 and a twelve month high of $10.62.

Insider Buying and Selling

In other Under Armour news, insider Mehri Shadman sold 9,639 shares of Under Armour stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $8.81, for a total value of $84,919.59. Following the sale, the insider now owns 172,899 shares of the company’s stock, valued at approximately $1,523,240.19. The trade was a 5.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 15.60% 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.