Under Armour Inc. (NYSE:UA)’s share price traded up 1.8% during mid-day trading on Friday . The stock traded as high as $43.30 and last traded at $42.83, with a volume of 2,410,687 shares trading hands. The stock had previously closed at $42.06.

Several equities analysts recently issued reports on the stock. William Blair reiterated an “outperform” rating on shares of Under Armour in a research report on Thursday. Brean Capital reiterated a “hold” rating on shares of Under Armour in a research report on Tuesday. Vetr cut shares of Under Armour from a “strong-buy” rating to a “buy” rating and set a $46.45 price target on the stock. in a research report on Monday. Cowen and Company reiterated an “outperform” rating and set a $46.00 price target on shares of Under Armour in a research report on Monday. Finally, Susquehanna assumed coverage on shares of Under Armour in a research report on Friday, August 12th. They set a “positive” rating and a $42.00 price target on the stock. One analyst has rated the stock with a sell rating, twelve have given a hold rating and twenty-two have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $61.51.

The stock has a 50 day moving average of $40.75 and a 200-day moving average of $40.38. The stock has a market capitalization of $18.81 billion and a PE ratio of 110.85.

Under Armour (NYSE:UA) last posted its earnings results on Tuesday, July 26th. The apparel retailer reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.01. During the same period in the prior year, the company posted $0.07 EPS. The company had revenue of $1 million for the quarter, compared to analysts’ expectations of $995.14 million. Under Armour’s revenue for the quarter was up 27.7% on a year-over-year basis. Equities research analysts expect that Under Armour Inc. will post $0.58 earnings per share for the current fiscal year.

In related news, Director Byron K. Adams, Jr. sold 34,726 shares of the business’s stock in a transaction on Friday, August 5th. The shares were sold at an average price of $40.00, for a total value of $1,389,040.00. Following the completion of the sale, the director now owns 46,293 shares of the company’s stock, valued at approximately $1,851,720. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Douglas E. Coltharp sold 6,648 shares of the business’s stock in a transaction on Thursday, August 18th. The stock was sold at an average price of $41.78, for a total transaction of $277,753.44. Following the completion of the sale, the director now directly owns 61,720 shares of the company’s stock, valued at approximately $2,578,661.60. The disclosure for this sale can be found here.

Several large investors have added to or reduced their stakes in the company. Stephens Inc. AR raised its stake in Under Armour by 36.2% in the fourth quarter. Stephens Inc. AR now owns 12,481 shares of the apparel retailer’s stock worth $1,006,000 after buying an additional 3,319 shares during the last quarter. Summit Securities Group LLC acquired a new stake in Under Armour during the fourth quarter worth about $1,034,000. Eaton Vance Management raised its stake in Under Armour by 100.4% in the fourth quarter. Eaton Vance Management now owns 14,001 shares of the apparel retailer’s stock worth $1,129,000 after buying an additional 7,014 shares during the last quarter. Advisors Asset Management Inc. raised its stake in Under Armour by 11.2% in the fourth quarter. Advisors Asset Management Inc. now owns 27,110 shares of the apparel retailer’s stock worth $2,185,000 after buying an additional 2,721 shares during the last quarter. Finally, US Bancorp DE raised its stake in Under Armour by 12.9% in the fourth quarter. US Bancorp DE now owns 30,748 shares of the apparel retailer’s stock worth $2,478,000 after buying an additional 3,511 shares during the last quarter.

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 segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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