BDT Capital Partners LLC Buys 161,901 Shares of Under Armour, Inc. (NYSE:UA)

BDT Capital Partners LLC grew its stake in shares of Under Armour, Inc. (NYSE:UA) by 0.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 60,000,000 shares of the company’s stock after acquiring an additional 161,901 shares during the quarter. Under Armour comprises approximately 100.0% of BDT Capital Partners LLC’s investment portfolio, making the stock its largest position. BDT Capital Partners LLC owned 0.14% of Under Armour worth $501,600,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of UA. Peoples Bank KS bought a new stake in shares of Under Armour in the third quarter worth about $59,000. CWM LLC raised its holdings in Under Armour by 31.1% during the 2nd quarter. CWM LLC now owns 12,628 shares of the company’s stock worth $82,000 after buying an additional 2,995 shares during the period. Algert Global LLC acquired a new stake in Under Armour during the 2nd quarter worth approximately $98,000. Ridgewood Investments LLC bought a new position in Under Armour in the second quarter valued at approximately $112,000. Finally, ProShare Advisors LLC acquired a new position in shares of Under Armour in the second quarter valued at approximately $118,000. 36.35% of the stock is currently owned by institutional investors and hedge funds.

Under Armour Price Performance

Shares of NYSE UA opened at $8.77 on Monday. The company has a fifty day moving average price of $8.35 and a 200 day moving average price of $7.44. Under Armour, Inc. has a 1-year low of $6.02 and a 1-year high of $10.62. The firm has a market cap of $3.79 billion, a PE ratio of -219.25 and a beta of 1.64. The company has a current ratio of 2.18, a quick ratio of 1.24 and a debt-to-equity ratio of 0.30.

Insider Buying and Selling

In related news, insider Mehri Shadman sold 9,639 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $8.81, for a total transaction of $84,919.59. Following the completion of the transaction, the insider now owns 172,899 shares in the company, valued at approximately $1,523,240.19. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 15.60% of the stock is 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.