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Under Armour, Inc. (NYSE:UA) Shares Purchased by Arizona State Retirement System

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Arizona State Retirement System increased its position in shares of Under Armour, Inc. (NYSE:UAGet Rating) by 3.6% during the 1st quarter, HoldingsChannel reports. The fund owned 58,136 shares of the company’s stock after acquiring an additional 2,044 shares during the quarter. Arizona State Retirement System’s holdings in Under Armour were worth $905,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Janney Montgomery Scott LLC acquired a new position in Under Armour in the fourth quarter valued at about $185,000. State of Michigan Retirement System lifted its position in Under Armour by 3.4% in the fourth quarter. State of Michigan Retirement System now owns 54,099 shares of the company’s stock valued at $976,000 after buying an additional 1,800 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Under Armour in the fourth quarter valued at about $2,014,000. Commonwealth Equity Services LLC lifted its position in Under Armour by 22.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 52,590 shares of the company’s stock valued at $948,000 after buying an additional 9,493 shares during the last quarter. Finally, Illinois Municipal Retirement Fund lifted its position in Under Armour by 24.9% in the fourth quarter. Illinois Municipal Retirement Fund now owns 90,394 shares of the company’s stock valued at $1,631,000 after buying an additional 18,008 shares during the last quarter. Institutional investors and hedge funds own 36.34% of the company’s stock.

Under Armour Trading Down 1.4 %

NYSE UA opened at $8.25 on Wednesday. The firm’s 50-day moving average is $8.42 and its two-hundred day moving average is $12.28. Under Armour, Inc. has a 12 month low of $7.22 and a 12 month high of $23.00. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.30 and a quick ratio of 1.74. The stock has a market capitalization of $3.93 billion, a P/E ratio of 17.55 and a beta of 1.38.

Under Armour (NYSE:UAGet Rating) last posted its earnings results on Friday, May 6th. The company reported ($0.01) EPS for the quarter. Under Armour had a net margin of 3.89% and a return on equity of 16.20%. The company had revenue of $1.30 billion during the quarter.

Insider Transactions at Under Armour

In other Under Armour news, Director David W. Gibbs purchased 25,000 shares of Under Armour stock in a transaction dated Tuesday, May 31st. The shares were acquired at an average price of $9.60 per share, with a total value of $240,000.00. Following the completion of the transaction, the director now owns 50,000 shares of the company’s stock, valued at $480,000. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 15.70% of the company’s stock.

Under Armour Company Profile

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Under Armour, Inc, together with its subsidiaries, engages in the developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company offers its apparel in compression, fitted, and loose fit types. It also provides footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.

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