SunTrust restated their buy rating on shares of Under Armour Inc (NYSE:UA) in a research report report published on Tuesday morning, Analyst Ratings Net reports.

In other news, Director William R. Mcdermott sold 8,400 shares of the company’s stock in a transaction on Tuesday, November 24th. The stock was sold at an average price of $92.55, for a total transaction of $777,420.00. Following the transaction, the director now directly owns 59,139 shares of the company’s stock, valued at $5,473,314.45. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Kerry D. Chandler sold 3,588 shares of the company’s stock in a transaction on Friday, November 20th. The stock was sold at an average price of $91.53, for a total value of $328,409.64. Following the transaction, the insider now directly owns 10,974 shares in the company, valued at $1,004,450.22. The disclosure for this sale can be found here.

Other institutional investors have recently added to or reduced their stakes in the company. Lowe FS increased its position in Under Armour by 30.1% in the third quarter. Lowe FS now owns 2,394 shares of the apparel retailer’s stock valued at $232,000 after buying an additional 554 shares during the last quarter. Saturna Capital increased its position in Under Armour by 19.1% in the third quarter. Saturna Capital now owns 15,768 shares of the apparel retailer’s stock valued at $1,526,000 after buying an additional 2,525 shares during the last quarter. Perigon Wealth Management increased its position in Under Armour by 1.4% in the third quarter. Perigon Wealth Management now owns 10,191 shares of the apparel retailer’s stock valued at $986,000 after buying an additional 136 shares during the last quarter. KBC Group increased its position in Under Armour by 14.7% in the third quarter. KBC Group now owns 9,386 shares of the apparel retailer’s stock valued at $909,000 after buying an additional 1,203 shares during the last quarter. Finally, KSA Capital Management purchased a new position in Under Armour during the third quarter valued at about $3,871,000.

UA has been the subject of a number of other research reports. Canaccord Genuity reissued a buy rating and issued a $130.00 target price on shares of Under Armour in a report on Tuesday. Zacks Investment Research downgraded Under Armour from a hold rating to a sell rating in a research note on Monday, January 4th. Citigroup Inc. restated a buy rating and issued a $116.00 price target (up from $114.00) on shares of Under Armour in a research note on Wednesday, October 7th. Macquarie restated a neutral rating and issued a $103.00 price target on shares of Under Armour in a research note on Saturday, October 24th. Finally, Piper Jaffray restated a neutral rating and issued a $88.00 price target (down from $97.00) on shares of Under Armour in a research note on Monday, November 30th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and twenty-three have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of $101.52.

Shares of Under Armour (NYSE:UA) traded up 1.81% during trading on Tuesday, reaching $68.58. The company’s stock had a trading volume of 5,783,757 shares. Under Armour has a 12-month low of $63.23 and a 12-month high of $105.89. The company has a market cap of $14.80 billion and a PE ratio of 70.12. The company has a 50 day moving average of $77.46 and a 200 day moving average of $91.12.

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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