Under Armour, Inc. (NYSE:UA) insider Paul Fipps sold 1,500 shares of the company’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $11.61, for a total value of $17,415.00. Following the completion of the sale, the insider now owns 172,170 shares of the company’s stock, valued at approximately $1,998,893.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Under Armour, Inc. (UA) traded up $0.38 during mid-day trading on Thursday, hitting $11.93. The stock had a trading volume of 3,204,426 shares, compared to its average volume of 4,516,316. The firm has a market capitalization of $5,176.69, a PE ratio of 28.58 and a beta of 1.02. Under Armour, Inc. has a 52 week low of $10.36 and a 52 week high of $29.53.

Hedge funds have recently bought and sold shares of the company. LeJeune Puetz Investment Counsel LLC acquired a new position in shares of Under Armour during the third quarter worth about $103,000. Massey Quick Simon & CO. LLC bought a new stake in Under Armour during the third quarter worth about $139,000. First Mercantile Trust Co. bought a new stake in Under Armour during the second quarter worth about $141,000. Abbot Financial Management Inc. bought a new stake in Under Armour during the third quarter worth about $153,000. Finally, Ahrens Investment Partners LLC bought a new stake in Under Armour during the third quarter worth about $158,000. 31.86% of the stock is owned by institutional investors.

A number of equities research analysts recently commented on the company. Vetr downgraded Under Armour from a “strong-buy” rating to a “buy” rating and set a $18.79 price objective for the company. in a report on Wednesday, September 13th. Forward View set a $17.00 price objective on Under Armour and gave the company a “hold” rating in a report on Sunday, August 13th. Jefferies Group reiterated a “buy” rating and issued a $28.00 price objective on shares of Under Armour in a report on Friday, August 11th. Sanford C. Bernstein assumed coverage on Under Armour in a report on Tuesday, September 12th. They issued an “underperform” rating and a $14.00 price objective for the company. Finally, Susquehanna Bancshares reiterated a “sell” rating and issued a $15.00 price objective on shares of Under Armour in a report on Monday, October 23rd. Eight research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $16.14.

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Under Armour Company Profile

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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