XTX Topco Ltd Acquires 82,089 Shares of Under Armour, Inc. (NYSE:UA)

XTX Topco Ltd boosted its holdings in Under Armour, Inc. (NYSE:UA) by 307.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,788 shares of the company’s stock after buying an additional 82,089 shares during the quarter. XTX Topco Ltd’s holdings in Under Armour were worth $909,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. BDT Capital Partners LLC raised its holdings in Under Armour by 0.3% during the 3rd quarter. BDT Capital Partners LLC now owns 60,000,000 shares of the company’s stock worth $501,600,000 after purchasing an additional 161,901 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Under Armour by 7.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 11,089,780 shares of the company’s stock worth $72,415,000 after purchasing an additional 795,803 shares during the last quarter. Victory Capital Management Inc. raised its holdings in Under Armour by 14.2% during the 2nd quarter. Victory Capital Management Inc. now owns 6,059,071 shares of the company’s stock worth $39,566,000 after purchasing an additional 752,018 shares during the last quarter. WINTON GROUP Ltd bought a new position in Under Armour during the 2nd quarter worth approximately $4,579,000. Finally, Weiss Asset Management LP bought a new position in Under Armour during the 3rd quarter worth approximately $3,628,000. Institutional investors own 36.35% of the company’s stock.

Insider Transactions at Under Armour

In other news, CFO David Bergman sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $9.09, for a total transaction of $272,700.00. Following the completion of the sale, the chief financial officer now owns 494,210 shares of the company’s stock, valued at $4,492,368.90. This trade represents a 5.72 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Mehri Shadman sold 9,639 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $8.81, for a total transaction of $84,919.59. Following the sale, the insider now directly owns 172,899 shares of the company’s stock, valued at approximately $1,523,240.19. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 56,879 shares of company stock valued at $508,642 in the last quarter. 15.60% of the stock is currently owned by company insiders.

Under Armour Stock Down 0.8 %

Under Armour stock opened at $9.00 on Wednesday. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of -224.88 and a beta of 1.67. Under Armour, Inc. has a 52-week low of $6.02 and a 52-week high of $10.62. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.18. The firm has a 50 day moving average price of $8.49 and a two-hundred day moving average price of $7.56.

Under Armour Profile

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.