Under Armour Inc (NYSE:UA) had its target price increased by analysts at Goldman Sachs from $84.00 to $94.00 in a research note issued on Friday, StockTargetPrices.com reports. The brokerage presently has a “neutral” rating on the apparel retailer’s stock. Goldman Sachs’ target price suggests a potential upside of 11.81% from the company’s previous close.

A number of institutional investors have recently added to or reduced their stakes in the company. Creative Planning increased its position in Under Armour by 50.0% in the fourth quarter. Creative Planning now owns 300 shares of the apparel retailer’s stock worth $0 after buying an additional 100 shares in the last quarter. Simplex Trading increased its position in Under Armour by 1.2% in the fourth quarter. Simplex Trading now owns 938 shares of the apparel retailer’s stock worth $363,000 after buying an additional 11 shares in the last quarter. Detwiler Fenton Investment Management purchased a new position in Under Armour during the fourth quarter worth approximately $213,000. Cardinal Capital Management increased its position in Under Armour by 3.4% in the fourth quarter. Cardinal Capital Management now owns 3,753 shares of the apparel retailer’s stock worth $303,000 after buying an additional 123 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. purchased a new position in Under Armour during the fourth quarter worth approximately $315,000.

A number of other brokerages have also recently weighed in on UA. Vetr cut shares of Under Armour from a “buy” rating to a “hold” rating and set a $105.64 price target on the stock. in a research report on Monday, October 12th. Zacks Investment Research cut shares of Under Armour from a “hold” rating to a “sell” rating in a research report on Wednesday, October 14th. Morgan Stanley reissued a “hold” rating on shares of Under Armour in a research report on Wednesday, October 14th. Canaccord Genuity reissued a “buy” rating and set a $130.00 target price (up from $105.00) on shares of Under Armour in a research report on Wednesday, October 14th. Finally, FBR & Co. reissued a “buy” rating and set a $115.00 target price on shares of Under Armour in a research report on Tuesday, October 13th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty-three have issued a buy rating to the company. Under Armour currently has an average rating of “Buy” and a consensus target price of $100.36.

Shares of Under Armour (NYSE:UA) traded down 0.36% during midday trading on Friday, hitting $83.77. 5,271,212 shares of the company’s stock were exchanged. The stock has a market cap of $18.08 billion and a PE ratio of 85.65. The stock’s 50 day moving average is $76.83 and its 200-day moving average is $90.91. Under Armour has a 1-year low of $63.23 and a 1-year high of $105.89.

Under Armour (NYSE:UA) last announced its quarterly earnings results on Thursday, January 28th. The apparel retailer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. During the same period last year, the firm earned $0.40 earnings per share. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.13 billion. The company’s quarterly revenue was up 30.8% on a year-over-year basis. Analysts predict that Under Armour will post $1.04 earnings per share for the current fiscal year.

In other news, CFO Brad Dickerson sold 10,000 shares of the company’s stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $95.56, for a total value of $955,600.00. Following the transaction, the chief financial officer now owns 56,838 shares in the company, valued at approximately $5,431,439.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin A. Plank sold 450,000 shares of the company’s stock in a transaction dated Monday, November 23rd. The shares were sold at an average price of $91.99, for a total value of $41,395,500.00. Following the completion of the transaction, the chief executive officer now owns 190,123 shares in the company, valued at approximately $17,489,414.77. The disclosure for this sale can be found here.

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 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 Company’s operating segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (NYSE:UA); 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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