B. Riley set a $12.00 price target on Under Armour (NYSE:UA) in a research note released on Tuesday. The firm currently has a sell rating on the stock.

A number of other equities research analysts have also recently commented on the company. Piper Jaffray Companies set a $30.00 price target on Under Armour and gave the company a buy rating in a research note on Monday, December 31st. Canaccord Genuity set a $12.00 price objective on Under Armour and gave the company a sell rating in a report on Friday, October 26th. ValuEngine raised Under Armour from a hold rating to a buy rating in a report on Saturday, January 19th. Wells Fargo & Co raised Under Armour from an underperform rating to a market perform rating and set a $23.00 price objective on the stock in a report on Friday, November 30th. Finally, TheStreet raised Under Armour from a d+ rating to a c- rating in a report on Tuesday, October 30th. Five investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $17.78.

Under Armour stock opened at $19.04 on Tuesday. Under Armour has a one year low of $11.92 and a one year high of $23.28. The stock has a market capitalization of $8.35 billion, a price-to-earnings ratio of 100.21 and a beta of 0.91.

In other news, CFO David Bergman sold 2,500 shares of the stock in a transaction dated Friday, November 30th. The stock was sold at an average price of $22.00, for a total value of $55,000.00. Following the transaction, the chief financial officer now directly owns 157,666 shares of the company’s stock, valued at $3,468,652. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.00% of the stock is currently owned by corporate insiders.

Institutional investors have recently bought and sold shares of the stock. Focused Wealth Management Inc grew its holdings in Under Armour by 495.7% during the fourth quarter. Focused Wealth Management Inc now owns 1,551 shares of the company’s stock worth $25,000 after acquiring an additional 1,943 shares during the period. Enlightenment Research LLC acquired a new stake in Under Armour during the fourth quarter worth about $34,000. Oregon Public Employees Retirement Fund grew its holdings in Under Armour by 3,827.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 812,138 shares of the company’s stock worth $50,000 after acquiring an additional 791,457 shares during the period. Federated Investors Inc. PA grew its holdings in Under Armour by 273.9% during the third quarter. Federated Investors Inc. PA now owns 7,467 shares of the company’s stock worth $145,000 after acquiring an additional 5,470 shares during the period. Finally, Meeder Asset Management Inc. grew its holdings in Under Armour by 1,640.2% during the fourth quarter. Meeder Asset Management Inc. now owns 9,397 shares of the company’s stock worth $152,000 after acquiring an additional 8,857 shares during the period. 32.74% of the stock is currently owned by hedge funds and other institutional investors.

About Under Armour

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes.

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Analyst Recommendations for Under Armour (NYSE:UA)

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