Under Armour Inc. (UA) President and CEO, 10% Owner Kevin A Plank sells 7,500 Shares

President and CEO, 10% Owner of Under Armour Inc. (UA) Kevin A Plank sells 7,500 shares of UA on 02/03/2012 at an average price of $79.01 a share.

Under Armour has a market cap of $4.16 billion; its shares were traded at around $80.46 with a P/E ratio of 44.4 and P/S ratio of 2.9. Under Armour had an annual average earning growth of 9.5% over the past 5 years.

This is the annual revenues and earnings per share of UA over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of UA.

CEO Recent Trades:

• President and CEO, 10% Owner Kevin A Plank sold 138,150 shares of UA stock on 11/04/2011 at the average price of 84.05. Kevin A Plank owns at least 100 shares after this. The price of the stock has decreased by 4.27% since.
• President and CEO, 10% Owner Kevin A Plank sold 143,100 shares of UA stock on 11/01/2011 at the average price of 84.31. Kevin A Plank owns at least 100 shares after this. The price of the stock has decreased by 4.57% since.

CFO Recent Trades:

• CFO Brad Dickerson sold 2,500 shares of UA stock on 11/10/2011 at the average price of 81.84. Brad Dickerson owns at least 50 shares after this. The price of the stock has decreased by 1.69% since.
• CFO Brad Dickerson sold 2,500 shares of UA stock on 08/15/2011 at the average price of 65.25. Brad Dickerson owns at least 50 shares after this. The price of the stock has increased by 23.31% since.

This is the insider trade history vs. stock price of UA. For the complete insider trading history of UA, click here.

Directors and Officers Recent Trades:

• SVP, U.S. Sales Adam Peake sold 8,000 shares of UA stock on 01/31/2012 at the average price of 79.5. Adam Peake owns at least 25,140 shares after this. The price of the stock has increased by 1.21% since.
• Chief Performance Officer Byron K Jr Adams sold 7,000 shares of UA stock on 11/10/2011 at the average price of 80.74. Byron K Jr Adams owns at least 55,901 shares after this. The price of the stock has decreased by 0.35% since.
• EVP of Business Development J Scott Plank sold 46,877 shares of UA stock on 11/04/2011 at the average price of 84.05. J Scott Plank owns at least 2,121,840 shares after this. The price of the stock has decreased by 4.27% since.
• EVP of Business Development J Scott Plank sold 46,875 shares of UA stock on 11/01/2011 at the average price of 84.31. J Scott Plank owns at least 2,168,717 shares after this. The price of the stock has decreased by 4.57% since.
• VP, Retail Dan J Sawall sold 4,130 shares of UA stock on 10/27/2011 at the average price of 83.45. Dan J Sawall owns at least 9,500 shares after this. The price of the stock has decreased by 3.58% since.

For the complete insider trading history of UA, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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