Patrik Frisk Acquired 14000 shares of Under Armour, Inc. (UA) in an Insider Trading; Transalta Ordinary Shares (TAC) Shorts Increased By 4.94%

TransAlta Corporation (NYSE:TAC) Logo

Transalta Corporation Ordinary Shares (NYSE:TAC) had an increase of 4.94% in short interest. TAC’s SI was 246,500 shares in May as released by FINRA. Its up 4.94% from 234,900 shares previously. With 42,600 avg volume, 6 days are for Transalta Corporation Ordinary Shares (NYSE:TAC)’s short sellers to cover TAC’s short positions. The SI to Transalta Corporation Ordinary Shares’s float is 0.09%. It closed at $5.3 lastly. It is down 6.09% since May 16, 2017 and is downtrending. It has underperformed by 17.64% the S&P500.

TransAlta Corporation operates as non-regulated electricity generation and energy marketing firm in Canada, the United States, and Western Australia. The company has market cap of $1.52 billion. The firm operates through eight divisions: Canadian Coal, U.S. It currently has negative earnings. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate.

Among 5 analysts covering TransAlta (NYSE:TAC), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. TransAlta had 11 analyst reports since August 24, 2015 according to SRatingsIntel. RBC Capital Markets upgraded TransAlta Corporation (NYSE:TAC) on Monday, November 7 to “Sector Perform” rating. The stock of TransAlta Corporation (NYSE:TAC) earned “Sector Perform” rating by National Bank Canada on Monday, February 13. On Tuesday, August 25 the stock rating was upgraded by IBC to “Sector Underperform”. On Monday, August 24 the stock rating was upgraded by BMO Capital Markets to “Market Perform”. On Thursday, January 14 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. The stock of TransAlta Corporation (NYSE:TAC) earned “Market Perform” rating by BMO Capital Markets on Monday, January 18. The firm has “Sector Perform” rating given on Monday, November 23 by RBC Capital Markets. The firm earned “Underperform” rating on Wednesday, May 4 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Monday, November 2 with “Underperform”. The rating was maintained by RBC Capital Markets on Friday, February 19 with “Sector Perform”.

More recent TransAlta Corporation (NYSE:TAC) news were published by: Seekingalpha.com which released: “TransAlta Corporation 2018 Q1 – Results – Earnings Call Slides” on May 10, 2018. Also Seekingalpha.com published the news titled: “TransAlta’s (TAC) CEO Dawn Farrell on Q1 2018 Results – Earnings Call Transcript” on May 11, 2018. Seekingalpha.com‘s news article titled: “Alphabet Beats, Opportunity Spikes” with publication date: April 27, 2018 was also an interesting one.

Two days ago, an insider trading deal was made. Patrik Frisk, the President & COO and an insider of Under Armour Inc bought a total of 14,000 shares of Under Armour Inc, worth about $232,721 U.S. Dollars, at $16.6 for share at the time of the deal. He also bought 14,000 shares with a market value $258,934 USD in the last 30 days. Currently, Mr. Patrik, has 666,847 shares, which accounts for 0.14% of Under Armour Inc’s market cap.

Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company has market cap of $8.49 billion. The firm offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes. It currently has negative earnings. It also provides various footwear products, including running, basketball, cleated, slides and performance training, and outdoor footwear.

More notable recent Under Armour, Inc. (NYSE:UA) news were published by: Bizjournals.com which released: “Under Armour president purchases nearly $500000 worth of stock” on May 15, 2018, also Seekingalpha.com with their article: “Under Armour: Brighter Days Ahead” published on May 10, 2018, Seekingalpha.com published: “Global sales lift Under Armour” on May 01, 2018. More interesting news about Under Armour, Inc. (NYSE:UA) were released by: Fool.com and their article: “Better Buy: Under Armour Inc (UA) vs. Adidas AG/S ADR (ADDYY)” published on May 06, 2018 as well as Streetinsider.com‘s news article titled: “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more..) – 13F” with publication date: May 15, 2018.

The stock increased 6.60% or $1.13 during the last trading session, reaching $18.26. About 2.94 million shares traded. Under Armour, Inc. (NYSE:UA) has declined 21.75% since May 16, 2017 and is downtrending. It has underperformed by 33.30% the S&P500.

Since May 3, 2018, it had 0 insider purchases, and 5 sales for $1.01 million activity. SANDERS HARVEY sold $119,579 worth of stock or 6,513 shares. 6,349 shares valued at $102,096 were sold by McDermott William R on Friday, May 4. LaRose Jason sold $566,031 worth of Under Armour, Inc. (NYSE:UA) on Monday, May 7.

Among 41 analysts covering Under Armour (NYSE:UA), 8 have Buy rating, 9 Sell and 24 Hold. Therefore 20% are positive. Under Armour has $131 highest and $8.0 lowest target. $32.58’s average target is 78.42% above currents $18.26 stock price. Under Armour had 117 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, September 17, the company rating was maintained by Telsey Advisory Group. The rating was downgraded by Deutsche Bank to “Hold” on Wednesday, October 26. The stock of Under Armour, Inc. (NYSE:UA) earned “Hold” rating by Jefferies on Wednesday, June 1. The firm has “Hold” rating by Cowen & Co given on Tuesday, October 31. The rating was maintained by JP Morgan with “Neutral” on Wednesday, February 14. KeyBanc Capital Markets upgraded Under Armour, Inc. (NYSE:UA) on Friday, July 24 to “Sector Weight” rating. The rating was downgraded by Canaccord Genuity to “Hold” on Wednesday, February 1. Atlantic Securities initiated the shares of UA in report on Monday, August 10 with “Overweight” rating. The stock has “Neutral” rating by Susquehanna on Tuesday, January 31. Citigroup maintained it with “Buy” rating and $114 target in Friday, July 24 report.

Investors sentiment increased to 0.82 in Q4 2017. Its up 0.01, from 0.81 in 2017Q3. It is positive, as 57 investors sold Under Armour, Inc. shares while 114 reduced holdings. 43 funds opened positions while 98 raised stakes. 143.44 million shares or 7.95% more from 132.88 million shares in 2017Q3 were reported. Guardian Life Insurance Of America owns 600 shares. The Kentucky-based Teachers Retirement Systems Of The State Of Kentucky has invested 0% in Under Armour, Inc. (NYSE:UA). Northwestern Mutual Wealth Management Company has 15,832 shares. Mason Street Advisors Ltd Llc, Wisconsin-based fund reported 25,788 shares. Thompson Davis Communication holds 0% in Under Armour, Inc. (NYSE:UA) or 50 shares. Gam Holdings Ag, a Switzerland-based fund reported 54,200 shares. Metropolitan Life Insurance Co Ny has 34,772 shares. Arizona State Retirement invested 0.01% in Under Armour, Inc. (NYSE:UA). Nomura Asset Mgmt Company stated it has 20,641 shares or 0% of all its holdings. Regal Invest Advsrs Lc invested 0.04% of its portfolio in Under Armour, Inc. (NYSE:UA). Oregon Public Employees Retirement Fund accumulated 0.01% or 19,195 shares. Marathon Trading Invest Mgmt invested 0% in Under Armour, Inc. (NYSE:UA). Endurance Wealth has invested 0.08% in Under Armour, Inc. (NYSE:UA). Nepsis Cap Mgmt Inc owns 249,580 shares. Tower Limited Liability (Trc), a New York-based fund reported 18,324 shares.

Under Armour, Inc. (NYSE:UA) Institutional Positions Chart