Shares of Under Armour (NYSE:UA) Sees Large Inflow of Net Money Flow

Under Armour (NYSE:UA) traded with a cut of -0.79 points or -2.06% at $37.59 per share. As per the last available information, the stock aggregated $31.59 million in upticks and $25.2 million in downticks, keeping the net money flow capped at $6.39 million. The up/down ratio was found to be 1.25. For the week, the shares have seen a change of 3.27% in the share price.A block trade of $4.63 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $4.63 million.


Currently the company Insiders own 16.5% of Under Armour shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.9% . Institutional Investors own 36.48% of Under Armour shares. During last six month period, the net percent change held by insiders has seen a change of -0.9%. On the companys insider trading activities, Mirchin Matthew C, (President of North America) of Under Armour, Inc., unloaded 26,377 shares at an average price of $46.43 on April 25, 2016. The total amount of the transaction was worth $1,224,684, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Under Armour (NYSE:UA) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.93 points or 2.42% at $37.45 with 4,841,317 shares getting traded. Post opening the session at $38.3, the shares hit an intraday low of $37.41 and an intraday high of $38.375 and the price was in this range throughout the day. The company has a market cap of $23,214 million and the number of outstanding shares have been calculated to be 619,867,790 shares. The 52-week high of Under Armour (NYSE:UA) is $52.945 and the 52-week low is $31.615.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Credit Suisse maintains the rating on Under Armour (NYSE:UA). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency lowers the price target from $38 per share to $35 per share. The rating by the firm was issued on June 1, 2016.

Under Armour, Inc. is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Companys moisture-wicking fabrications are engineered in a range of designs and styles for wear in nearly every climate to provide an alternative to traditional products. The Companys operating segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and MapMyFitness. The Company also offers digital fitness platform licenses and subscriptions, along with digital advertising through its MapMyFitness business. Its apparel offers three gearlines, including HEATGEAR, COLDGEAR and ALLSEASONGEAR. Its footwear offerings include football, baseball, lacrosse, softball and soccer cleats, slides and performance training, running, basketball and outdoor footwear. Its accessories primarily include the sale of headwear, bags and gloves.

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