Quest Partners LLC Acquires Shares of 36,815 Under Armour, Inc. (NYSE:UA)

Quest Partners LLC acquired a new stake in shares of Under Armour, Inc. (NYSE:UA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 36,815 shares of the company’s stock, valued at approximately $308,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Peoples Bank KS purchased a new position in Under Armour during the third quarter valued at $59,000. CWM LLC raised its position in shares of Under Armour by 31.1% in the 2nd quarter. CWM LLC now owns 12,628 shares of the company’s stock worth $82,000 after purchasing an additional 2,995 shares during the last quarter. Algert Global LLC purchased a new position in shares of Under Armour in the 2nd quarter worth about $98,000. Ridgewood Investments LLC purchased a new position in shares of Under Armour in the 2nd quarter worth about $112,000. Finally, ProShare Advisors LLC purchased a new position in shares of Under Armour in the 2nd quarter worth about $118,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Insider Transactions at Under Armour

In other Under Armour news, insider Mehri Shadman sold 9,639 shares of the business’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 transaction, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 15.60% of the stock is owned by insiders.

Under Armour Price Performance

UA opened at $8.91 on Tuesday. The stock has a 50-day moving average price of $8.21 and a 200-day moving average price of $7.37. 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 firm has a market cap of $3.85 billion, a PE ratio of -222.75 and a beta of 1.64. Under Armour, Inc. has a 1 year low of $6.02 and a 1 year high of $10.62.

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.