Under Armour (UA) is Initiated by Berenberg to Buy

Under Armour (UA) is Initiated by Berenberg to Buy , according to the research report released to the investors. The shares recommendation by the Brokerage Firm was released on Jan-5-2016.

Under Armour, Inc. has dropped 18.44% during the last 3-month period . Year-to-Date the stock performance stands at 18.72%.

Under Armour, Inc. (NYSE:UA) has lost 0.73% during the past week and dropped 7.67% in the last 4 weeks. The shares have outperformed the S&P 500 by 0.1% in the past week but underperformed the index by 5.52% in the last 4 weeks.

Shares of Under Armour, Inc. (NYSE:UA) ended Thursday session in red amid volatile trading. The shares closed down 0.35 points or 0.43% at $80.61 with 2,354,487 shares getting traded. Post opening the session at $80.89, the shares hit an intraday low of $80.47 and an intraday high of $81.715 and the price vacillated in this range throughout the day. The company has a market cap of $17,397 million and the number of outstanding shares have been calculated to be 215,815,880 shares. The 52-week high of Under Armour, Inc. (NYSE:UA) is $105.89 and the 52-week low is $63.77.

Currently the company Insiders own 17.3% of Under Armour, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -29.45% . Institutional Investors own 63.46% of Under Armour, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -28.68%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Maurath Karl-Heinz, (Chief Revenue Officer) of Under Armour, Inc., unloaded 53,420 shares at an average price of $92.29 on November 24, 2015. The total amount of the transaction was worth $4,930,132, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Under Armour, Inc. (Under Armour) is engaged in the development, marketing and distribution of apparel, footwear and accessories for men, women and youth. The Companys products are sold worldwide and are worn by athletes at all levels, from youth to professional, on playing fields worldwide. Most of its products are sold in North America. Internationally, Under Armour sells its products in certain countries in Europe, a third party licensee sells its products in Japan, and distributors sell the Companys products in other foreign countries. In addition, it opened it store in China during the year ended December 31, 2012. The Companys product offerings consist of apparel, footwear and accessories for men, women and youth. In November 2013, the Company acquired MapMyFitness.