Under Armour Inc (NYSE:UA)‘s stock had its “hold” rating reissued by investment analysts at Piper Jaffray in a report issued on Friday, AnalystRatingsNetwork.com reports.

In other Under Armour news, CEO Kevin A. Plank sold 437,500 shares of the stock in a transaction that occurred on Wednesday, November 18th. The stock was sold at an average price of $85.76, for a total transaction of $37,520,000.00. Following the completion of the transaction, the chief executive officer now owns 190,123 shares of the company’s stock, valued at $16,304,948.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William R. Mcdermott sold 8,400 shares of the stock in a transaction that occurred on Tuesday, November 24th. The shares were sold at an average price of $92.55, for a total value of $777,420.00. Following the transaction, the director now directly owns 59,139 shares of the company’s stock, valued at approximately $5,473,314.45. The disclosure for this sale can be found here.

Several large investors recently bought and sold shares of the stock. Winslow Capital Management LLC raised its stake in Under Armour by 32.9% in the fourth quarter. Winslow Capital Management LLC now owns 2,147,808 shares of the apparel retailer’s stock worth $173,135,000 after buying an additional 531,472 shares during the period. Gateway Investment Advisers LLC raised its stake in Under Armour by 1,354.8% in the fourth quarter. Gateway Investment Advisers LLC now owns 270,722 shares of the apparel retailer’s stock worth $21,823,000 after buying an additional 252,113 shares during the period. State Treasurer State of Michigan raised its stake in Under Armour by 343.0% in the fourth quarter. State Treasurer State of Michigan now owns 286,600 shares of the apparel retailer’s stock worth $23,103,000 after buying an additional 221,900 shares during the period. PGGM Investments raised its stake in Under Armour by 91.4% in the fourth quarter. PGGM Investments now owns 145,979 shares of the apparel retailer’s stock worth $11,767,000 after buying an additional 69,714 shares during the period. Finally, Private Wealth Partners LLC raised its stake in Under Armour by 258.2% in the fourth quarter. Private Wealth Partners LLC now owns 65,725 shares of the apparel retailer’s stock worth $5,298,000 after buying an additional 47,375 shares during the period.

Under Armour (NYSE:UA) traded down 2.69% during midday trading on Friday, hitting $82.84. The stock had a trading volume of 2,220,007 shares. Under Armour has a 52-week low of $63.23 and a 52-week high of $105.89. The company’s 50 day moving average price is $76.90 and its 200-day moving average price is $90.91. The stock has a market cap of $17.89 billion and a PE ratio of 78.90.

Under Armour (NYSE:UA) last issued its quarterly earnings results on Thursday, January 28th. The apparel retailer reported $0.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.02. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the business posted $0.40 earnings per share. Under Armour’s revenue was up 30.8% on a year-over-year basis. Analysts forecast that Under Armour will post $1.31 EPS for the current fiscal year.

Other equities research analysts have also issued reports about the company. Brean Capital initiated coverage on Under Armour in a research note on Friday, October 16th. They set a “buy” rating and a $117.00 price target for the company. FBR & Co. reissued a “buy” rating and set a $115.00 price target on shares of Under Armour in a research note on Thursday, October 22nd. Citigroup Inc. reissued a “buy” rating and set a $116.00 price target (up from $114.00) on shares of Under Armour in a research note on Wednesday, October 7th. Vetr lowered Under Armour from a “strong-buy” rating to a “buy” rating and set a $106.85 price target for the company. in a research note on Thursday, October 1st. Finally, Canaccord Genuity reissued a “buy” rating and set a $130.00 price target (up from $105.00) on shares of Under Armour in a research note on Wednesday, October 14th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-two have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $100.36.

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.

12 Month Chart for NYSE:UA

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