Economy

Under Armour, Inc. (:UAA) Volume Spiking Mid-session

Under Armour, Inc. (:UAA) Volume Spiking Mid-session”

(NYSE:UAA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Float is the number of shares available for trading of a particular stock. After a recent spot-check, the stock has touched $20.23 which represents a change from the open of 0.37%. Pacer Advisors Inc. increased its stake in shares of Under Armour by 3.3% in the first quarter. Following the sale, the insider now owns 12,803 shares in the company, valued at approximately $273,728.14. Nepsis Capital Management Inc. purchased a new stake in Under Armour during the second quarter valued at $3,079,000. Compton Capital Management Inc. Finally, Credit Suisse Group reiterated an "underperform" rating and set a $17.00 price objective on shares of Under Armour in a research report on Friday, June 16th. RI now owns 10,156 shares of the company's stock valued at $201,000 after buying an additional 150 shares during the last quarter. DnB Asset Management AS acquired a new stake in shares of Under Armour during the second quarter worth $405,000. Beech Hill Advisors Inc. purchased a new stake in shares of Under Armour during the second quarter valued at about $200,000. Institutional investors and hedge funds own 54.98% of the company's stock. Under Armour, Inc. primarily provides its products under the UA Logo, UNDER ARMOUR, UA, ARMOUR, HEATGEAR, COLDGEAR, ALLSEASONGEAR, PROTECT THIS HOUSE, and I WILL, as well as ARMOURBITE, ARMOURSTORM, ARMOUR FLEECE, ARMOUR BRA, UA RECORD, UA HEALTHBOX, and UNDER ARMOUR CONNECTED FITNESS brands. Narrowing in, the stock is at a distance of -13.79% from the 50 day high and 10.25% off of the 50 day low.

Yesterday Under Armour Inc (NYSE:UAA) traded 0.00% even at $20.31. Analysts anticipate that Under Armour will post $0.43 earnings per share for the current year. The business had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.11 billion. Under Armour had a return on equity of 12.43% and a net margin of 4.84%. UBS AG increased their price objective on shares of Under Armour from $22.00 to $23.00 and gave the stock a "neutral" rating in a research report on Friday, April 28th. More interesting news about Under Armour Inc (NYSE:UA) were released by: Fool.com and their article: "Experts Are Watching This Number at Under Armour Inc." published on July 07, 2017 as well as Fool.com's news article titled: "Why Under Armour, Inc. TX" was first reported by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & worldwide trademark and copyright law. (UAA) - averaging the work of different analysts - reveals a mean PT of $20.76/share. Back-tests of such patterns show that the break even failure rate is 4%, the average rise: 37%, the throwback rate: 64% and the percentage of stocks meeting their price targets: 64%. Finally, Jefferies Group LLC reiterated a "buy" rating and issued a $27.00 target price on shares of Under Armour in a research report on Thursday, April 6th. The stock had a trading volume of 3,767,734 shares. Vetr upgraded the stock to "Hold" rating in Friday, August 7 report. Nine investment analysts have rated the stock with a sell rating, twenty-five have given a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of "Hold" and an average price target of $24.88.

On 5/9/2017 Kerry D Chandler, Insider, sold 5,921 with an average share price of $21.38 per share and the total transaction amounting to $126,590.98.

LKQ Corporation (LKQ) climbed 0.24% and its total traded volume was 2.14 million shares contrast to the average volume of 1.84 million shares.

In related news, Director William R. Mcdermott sold 4,799 shares of the company's stock in a transaction that occurred on Tuesday, May 9th.

During the trading day, the stock price fluctuated between $18.58 and $19.2. Following the sale, the director now directly owns 73,939 shares in the company, valued at $1,456,598.30. The disclosure for this sale can be found here. Tightening the gaze, stock performance for the last 5 trading days is 1.23%.

Under Armour, Inc.is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth.

Large investors have recently modified their holdings of the company.



Like this

loading...
loading...

Latest


25 July 2017
Nikon D850 development announced
The D850 follows on from the D810, which was highly praised for its extremely sharp and clear rendering, and rich tone characteristics.

25 July 2017
McDonald's 2Q profits jump 28pc to $1.4bn on solid sales
The fast-food giant posted second-quarter revenue of $6.05 billion, compared to estimates for $5.96 billion. McDonald's (NYSE: MCD ) reports global comparable-store sales increased 6.6% in Q2 vs. +4.0% consensus.

25 July 2017
Vatican fountains turned off in response to drought
The water-saving move is "in line with the teachings of Pope Francis", according to a statement on the Vatican website. The Governorate of Vatican City State has chose to turn off all the fountains, both the external ones located in St.

25 July 2017
Toyota's next-generation electric cars to charge in just a few minutes
The report claims the firm's first solid-state battery powered cars will arrive in 2022, going on sale in Japan first. Toyota has chose to sell the new model in Japan as early as 2022, the paper said.

25 July 2017
Lyft Is Now Experimenting With 'Taco Mode'
Taco Bell and Lyft will start testing Taco Mode on Thursday through Saturday, and August 3 though 5, in Orange County. Taco Bell has partnered with the rideshare company Lyft to create something called Taco Mode for the Lyft app.

25 July 2017
Man City sign £26.5m Danilo from Real Madrid
Having been caught square during the meeting with Real Madrid the Swedish global raced across to meet Theo Hernandez. I like to play and if I'm playing and will try my best if I'm in the middle, on the wing, on the side or up front.

25 July 2017
Trump Ends Covert CIA Program to Arm Anti-Assad Rebels
Amazon.com collects state sales taxes in all 45 states with a sales tax and the District of Columbia, according to their website. In doing so, however, he confirmed a covert operation by the CIA, The Independent reported .

25 July 2017
Daimler and Bosch show off a driverless Automated Valet Parking system
This helps the system guide the auto safely to an assigned parking spot through the vehicle's on-board autonomous systems. Both the system and the parking structure have been designed by Bosch and Daimler to direct the cars and gather the data.

25 July 2017
Greg Rutherford out of World Championships with ankle injury
All 78 athletes were asked to vote under a new initiative - rather than the head coach making the decision - with 30 year-old hurdler Doyle coming out as victor for the championships which kick off at the Olympic Stadium on August 4.

25 July 2017
Barnes & Noble Education, Inc (BNED) Reaches New 52-Week High
The specialty retailer reported $0.10 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.10. COPYRIGHT VIOLATION NOTICE: This report was published by Stock Observer and is the sole property of of Stock Observer.