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

Under Armour (UA) : Under Armour (UA) had a healthy money flow of $6.44 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $27.7 million, whereas, investors only sold shares worth $21.26 million on downticks. The stock closed the day with an up-down ratio of 1.3.The money flow in the block trades to the tune of $5.64 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $7.88 million worth of transactions were on upticks. A paltry $2.24 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 3.52. Under Armour (UA) stock slid $0.13 intraday and traded at 40.3, a change of -0.32% over previous days close. However, for the week, the company shares are -0.32% compared to previous weeks close.


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 36.51% of Under Armour shares. During last six month period, the net percent change held by insiders has seen a change of -0.9%. In an insider trading activity, The Securities and Exchange Commission has divulged that Mirchin Matthew C, (President of North America) of Under Armour, Inc., had unloaded 26,377 shares at an average price of $46.43 in a transaction dated on April 25, 2016. The total value of the transaction was worth $1,224,684.

Shares of Under Armour, Inc. rose by 6.63% in the last five trading days and 8.91% for the last 4 weeks. Under Armour, Inc. is up 0.97% in the last 3-month period. Year-to-Date the stock performance stands at 3.71%.

Under Armour (NYSE:UA): stock turned positive on Tuesday. Though the stock opened at $40.56, the bulls momentum made the stock top out at $42.1 level for the day. The stock recorded a low of $40.56 and closed the trading day at $41.8, in the green by 3.72%. The total traded volume for the day was 6,523,365. The stock had closed at $40.3 in the previous days trading.

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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