June 2, 2018 – By Migdalia James
Wolverine Asset Management Llc increased its stake in Under Armour Inc (Put) (UA) by 874% based on its latest 2018Q1 regulatory filing with the SEC. Wolverine Asset Management Llc bought 87,400 shares as the company’s stock rose 22.44% while stock markets declined. The hedge fund held 97,400 shares of the consumer non-durables company at the end of 2018Q1, valued at $1.59 million, up from 10,000 at the end of the previous reported quarter. Wolverine Asset Management Llc who had been investing in Under Armour Inc (Put) for a number of months, seems to be bullish on the $8.97 billion market cap company. The stock increased 2.17% or $0.41 during the last trading session, reaching $19.33. About 2.98M shares traded. Under Armour, Inc. (NYSE:UA) has risen 4.83% since June 2, 2017 and is uptrending. It has underperformed by 7.74% the S&P500.
Investor Ab decreased its stake in Chinacache Intl Hldg Ltd (CCIH) by 55.41% based on its latest 2018Q1 regulatory filing with the SEC. Investor Ab sold 1.47M shares as the company’s stock declined 10.65% with the market. The institutional investor held 1.18 million shares of the edp services company at the end of 2018Q1, valued at $1.26 million, down from 2.65 million at the end of the previous reported quarter. Investor Ab who had been investing in Chinacache Intl Hldg Ltd for a number of months, seems to be less bullish one the $35.97 million market cap company. The stock decreased 0.74% or $0.01 during the last trading session, reaching $1.35. About 104,966 shares traded. ChinaCache International Holdings Ltd. (NASDAQ:CCIH) has risen 31.75% since June 2, 2017 and is uptrending. It has outperformed by 19.18% the S&P500.
More news for ChinaCache International Holdings Ltd. (NASDAQ:CCIH) were recently published by: Globenewswire.com, which released: “The Rosen Law Firm, PA Announces Proposed Class Action Settlement on Behalf of Purchasers of American …” on May 18, 2018. Globenewswire.com‘s article titled: “ChinaCache Adopts Shareholder Rights Plan” and published on May 10, 2018 is yet another important article.
More notable recent Under Armour, Inc. (NYSE:UA) news were published by: Fool.com which released: “Why Under Armour, Boot Barn Holdings, and Abaxis Jumped Today” on May 16, 2018, also Seekingalpha.com with their article: “Under Armour: Brighter Days Ahead” published on May 10, 2018, Bizjournals.com published: “Under Armour president purchases nearly $500000 worth of stock” on May 15, 2018. More interesting news about Under Armour, Inc. (NYSE:UA) were released by: Investorplace.com and their article: “For Under Armour Inc Bears, It’s Game Over” published on May 29, 2018 as well as Fool.com‘s news article titled: “Better Buy: Under Armour Inc (UA) vs. Adidas AG/S ADR (ADDYY)” with publication date: May 06, 2018.
Among 41 analysts covering Under Armour (NYSE:UA), 8 have Buy rating, 9 Sell and 24 Hold. Therefore 20% are positive. Under Armour had 117 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Atlantic Securities on Monday, August 10. The stock of Under Armour, Inc. (NYSE:UA) has “Buy” rating given on Wednesday, August 12 by Piper Jaffray. The stock of Under Armour, Inc. (NYSE:UA) has “Sell” rating given on Tuesday, September 19 by Wells Fargo. Canaccord Genuity maintained the shares of UA in report on Monday, April 30 with “Sell” rating. On Thursday, July 6 the stock rating was maintained by Susquehanna with “Sell”. Buckingham Research downgraded Under Armour, Inc. (NYSE:UA) on Wednesday, February 1 to “Underperform” rating. Susquehanna downgraded Under Armour, Inc. (NYSE:UA) on Tuesday, January 31 to “Neutral” rating. Stifel Nicolaus maintained the shares of UA in report on Wednesday, May 2 with “Buy” rating. The stock of Under Armour, Inc. (NYSE:UA) earned “Buy” rating by B. Riley & Co on Friday, January 29. As per Wednesday, February 1, the company rating was downgraded by Canaccord Genuity.
By1 Migdalia James