Values First Advisors Inc. Has $688,000 Position in Under Armour, Inc. (NYSE:UA)

Values First Advisors Inc. cut its position in shares of Under Armour, Inc. (NYSE:UA) by 13.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 92,275 shares of the company’s stock after selling 13,937 shares during the quarter. Values First Advisors Inc.’s holdings in Under Armour were worth $688,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC lifted its position in Under Armour by 87.6% in the second quarter. AQR Capital Management LLC now owns 24,468 shares of the company’s stock worth $160,000 after purchasing an additional 11,426 shares during the period. SFG Wealth Management LLC. lifted its holdings in shares of Under Armour by 20.8% during the 3rd quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company’s stock worth $194,000 after acquiring an additional 4,000 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Under Armour during the 3rd quarter valued at about $369,000. Quest Partners LLC acquired a new stake in shares of Under Armour during the 3rd quarter valued at about $308,000. Finally, Alpha DNA Investment Management LLC bought a new stake in Under Armour in the third quarter valued at about $407,000. 36.35% of the stock is owned by institutional investors and hedge funds.

Under Armour Trading Down 0.2 %

Shares of UA opened at $6.61 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.01. The company has a 50-day moving average price of $7.61 and a two-hundred day moving average price of $7.83. Under Armour, Inc. has a 12 month low of $6.02 and a 12 month high of $10.62.

Under Armour (NYSE:UA) last issued its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same period in the previous year, the firm posted $0.25 earnings per share.

Insiders Place Their Bets

In other news, CFO David Bergman sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $9.09, for a total value of $272,700.00. Following the transaction, the chief financial officer now directly owns 494,210 shares of the company’s stock, valued at $4,492,368.90. The trade was a 5.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mehri Shadman sold 9,639 shares of the 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 in the company, valued at approximately $1,523,240.19. This trade represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 56,879 shares of company stock worth $508,642 over the last three months. 15.60% of the stock is currently owned by corporate insiders.

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.