Under Armour Inc’s recently made public that its Chief Financial Officer Bergman David unloaded Company’s shares for reported $0.27 million on Dec 02 ’24. In the deal valued at $9.09 per share,30,000 shares were sold. As a result of this transaction, Bergman David now holds 494,210 shares worth roughly $3.51 million.
Then, Bergman David bought 30,000 shares, generating $272,604 in total proceeds.
Before that, Shadman Mehri sold 17,240 shares. Under Armour Inc shares valued at $151,024 were divested by the Chief Legal Officer at a price of $8.76 per share. As a result of the transaction, Shadman Mehri now holds 182,538 shares, worth roughly $1.3 million.
Argus downgraded its Under Armour Inc [UAA] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late November with a ‘”a Hold”‘ rating. Telsey Advisory Group also remained covering UAA and reiterated its “Market perform” recommendation on November 08, 2024. Telsey Advisory Group maintained its rating on August 09, 2024. It rated UAA as “a Market perform”.
Price Performance Review of UAA
On Tuesday, Under Armour Inc [NYSE:UAA] saw its stock fall -1.39% to $7.11. Over the last five days, the stock has lost -1.52%. Under Armour Inc shares have fallen nearly -14.13% since the year began. Nevertheless, the stocks have fallen -15.36% over the past one year. While a 52-week high of $11.89 was reached on 01/30/25, a 52-week low of $6.17 was recorded on 02/25/25. SMA at 50 days reached $8.12, while 200 days put it at $7.96.
Levels Of Support And Resistance For UAA Stock
The 24-hour chart illustrates a support level at 7.02, which if violated will result in even more drops to 6.92. On the upside, there is a resistance level at 7.22. A further resistance level may holdings at 7.32. The Relative Strength Index (RSI) on the 14-day chart is 34.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.06%. Stochastics %K at 6.58% indicates the stock is a buying.
