Shares of Under Armour, Inc. (NYSE:UA) have earned an average rating of “Hold” from the nineteen research firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $20.06.

A number of equities research analysts have issued reports on the stock. Vetr upgraded shares of Under Armour from a “sell” rating to a “hold” rating and set a $19.90 target price on the stock in a report on Thursday. Credit Suisse Group set a $17.00 price objective on shares of Under Armour and gave the company a “sell” rating in a report on Wednesday, June 14th. BidaskClub upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a report on Friday, June 9th. Wells Fargo & Company set a $19.00 price objective on shares of Under Armour and gave the company a “hold” rating in a report on Thursday, June 8th. Finally, ValuEngine lowered shares of Under Armour from a “hold” rating to a “sell” rating in a report on Saturday, June 3rd.

In related news, insider Kerry D. Chandler sold 5,965 shares of the stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $19.79, for a total value of $118,047.35. Following the transaction, the insider now directly owns 114,108 shares of the company’s stock, valued at approximately $2,258,197.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director William R. Mcdermott sold 4,717 shares of the stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $19.85, for a total transaction of $93,632.45. Following the completion of the transaction, the director now directly owns 66,270 shares in the company, valued at $1,315,459.50. The disclosure for this sale can be found here. Insiders sold a total of 15,399 shares of company stock worth $304,605 over the last ninety days.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. increased its position in Under Armour by 3.3% in the first quarter. Pacer Advisors Inc. now owns 6,936 shares of the company’s stock worth $137,000 after buying an additional 220 shares during the period. Private Capital Management Inc. bought a new position in Under Armour during the first quarter worth approximately $158,000. Compton Capital Management Inc. RI increased its position in Under Armour by 1.5% in the first quarter. Compton Capital Management Inc. RI now owns 10,156 shares of the company’s stock worth $201,000 after buying an additional 150 shares during the period. First Financial Equity Corporation bought a new position in Under Armour during the first quarter worth approximately $225,000. Finally, GSA Capital Partners LLP bought a new position in Under Armour during the fourth quarter worth approximately $233,000. 56.27% of the stock is currently owned by hedge funds and other institutional investors.

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Under Armour (NYSE UA) traded down 0.97% during mid-day trading on Monday, hitting $19.49. 1,138,540 shares of the stock traded hands. The stock has a 50-day moving average price of $18.97 and a 200-day moving average price of $20.87. The stock has a market cap of $8.58 billion, a P/E ratio of 49.22 and a beta of 1.30. Under Armour has a 12 month low of $17.05 and a 12 month high of $42.94.

Under Armour (NYSE:UA) last released its earnings results on Thursday, April 27th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.03. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.20 billion. Under Armour had a net margin of 4.84% and a return on equity of 12.43%. On average, equities analysts forecast that Under Armour will post $0.42 earnings per share for the current year.

Under Armour Company Profile

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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