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Follow The Insiders At Under Armour And SELL

|Includes:Under Armour, Inc. (UAA)

Under Armour (NYSE: UA) traded less than 1 million shares for the second consecutive day and closed yesterday @ $56.42. Since the company reported 2nd quarter financials on July 24th the stock is 16.62% higher. Increasing its market capitalization by nearly $900 million to $5.89 Billion. (Under Armour traded at an all time high on August 7th @ $58.48.)

Under Armour is on my radar as a prime Short

  • The company reported an increase in sales of $78 million while only adding a mere $427,000 in net income
  • For 6 months 2012 the company increased sales by $149 million and only increased comprehensive net income by less than $900,000.
  • The company has generated NEGATIVE FREE CASH FLOW for its trailing twelve months
  • Operational Cash Flow for the prior 3 years (2009,2010,2011) has declined from $119 million to $50 million to $15million,respectively.
  • Accounts Payable increased by $50 million vs. 1st Quarter
  • Accrued Expenses increased by $19 million vs. 1st Quarter
  • Total Liabilities (all current) increased by $69 million vs. the 1st Quarter
  • Stockholders Equity increased by only $15 million vs. the 1st Quarter

Read : "Under Armour Special Effects" to learn more.

  • The dilemma that Under Armour faces is that it only has $143 million in cash. That is not enough to pay off its Accounts Payable of $146 million and its current portion due of $42 million of its long term debt that was moved to its Current Liabilities section of its Balance Sheet in its first quarter ended March 31, 2012.

Below is a table from Yahoo finance showing daily volume with stock prices since company reported 2nd quarter financials on July 24th.

Prices
Date Open High Low Close Volume Adj Close*
Aug 14, 2012 57.18 57.23 56.24 56.42 888,000 56.42
Aug 13, 2012 56.72 57.00 55.82 56.88 741,600 56.88
Aug 10, 2012 56.96 57.60 56.21 56.76 1,190,600 56.76
Aug 9, 2012 56.84 57.80 56.72 57.35 1,008,100 57.35
Aug 8, 2012 56.40 57.22 56.27 56.69 1,124,400 56.69
Aug 7, 2012 57.97 58.48 56.57 56.75 2,105,200 56.75
Aug 6, 2012 56.10 57.73 55.92 57.67 2,311,800 57.67
Aug 3, 2012 55.11 56.40 54.99 56.11 1,683,900 56.11
Aug 2, 2012 53.39 54.79 53.02 54.11 1,432,800 54.11
Aug 1, 2012 54.94 55.10 53.50 53.50 1,634,400 53.50
Jul 31, 2012 54.99 55.20 53.94 54.44 1,551,800 54.44
Jul 30, 2012 55.18 55.90 54.75 55.41 1,478,200 55.41
Jul 27, 2012 55.48 55.99 54.74 55.14 2,080,600 55.14
Jul 26, 2012 54.88 55.95 54.74 55.31 2,366,700 55.31
Jul 25, 2012 53.02 54.61 52.83 53.92 3,349,600 53.92
Jul 24, 2012 51.70 55.00 51.70 52.79 10,197,100 52.79
Jul 23, 2012 48.59 49.29 47.33 48.38 2,906,900 48.38

Use the below headlines from Dow Jones, Edgar Online, Flyonthewall and Knobias to see Insider Activity.

 
 

08/14/2012 22:54 ET

DJ CFO DICKERSON Registers 5,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/14/2012 17:11 ET

UA: New Form 4 Filed, Change in Beneficial Ownership - Edgar

 
 
 

08/14/2012 17:11 ET

DJ CFO DICKERSON Sells 5,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/14/2012 16:19 ET

UA: Filed New Form 8-K, Material Event Disclosure - Edgar

 
 
 

08/10/2012 22:40 ET

DJ Holder CUPID FOUNDATION Registers 30,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/10/2012 22:39 ET

DJ Holder JSP 2009 GRAT Registers 38,964 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/10/2012 22:38 ET

DJ VP PLANK Registers 125,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/10/2012 22:38 ET

DJ Holder JSDM FAMILY LLC Registers 25,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/10/2012 22:37 ET

DJ Chmn PLANK Registers 240,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/10/2012 22:35 ET

DJ Holder JS PLANK & DM DICARLO FOUNDATION Registers 12,500 Of UNDER ARMOUR >UA - Dow Jones

 
 
 

08/10/2012 22:35 ET

DJ Holder KD PLANK LLC Registers 15,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/09/2012 10:34 ET

DJ MARKET TALK: Under Armour's Footwear Showing Strong Stride - Dow Jones

 
 
 

08/08/2012 22:33 ET

DJ Holder KD PLANK II LLC Registers 15,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/07/2012 18:38 ET

DJ VP PLANK Sells 83,082 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/07/2012 18:36 ET

UA: New Form 4 Filed, Change in Beneficial Ownership - Edgar

 
 
 

08/06/2012 06:03 ET

UA: Filed New Form 10-Q, Quarterly Report - Edgar

 
 
 

08/02/2012 20:22 ET

DJ Chmn PLANK Sells 38,178 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/02/2012 20:20 ET

UA: New Form 4 Filed, Change in Beneficial Ownership - Edgar

 
 
 

08/02/2012 19:38 ET

DJ VP PLANK Sells 105,882 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/02/2012 19:36 ET

UA: New Form 4 Filed, Change in Beneficial Ownership - Edgar

 
 
 

08/02/2012 19:34 ET

DJ Chmn PLANK Sells 231,822 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

08/02/2012 19:31 ET

UA: New Form 4 Filed, Change in Beneficial Ownership - Edgar

 
 
 

08/02/2012 12:25 ET

BofA/Merrill's global retail team holds an analyst/industry conference call - theflyonthewall.com

 
 
 

08/02/2012 05:55 ET

BofA/Merrill's global retail team holds an analyst/industry conference call - theflyonthewall.com

 
 
 

07/31/2012 22:52 ET

DJ VP MIRCHIN Registers 15,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

07/31/2012 15:45 ET

*DJ Under Armour (NYSE:UA) Mkt On Close Buy Imbalance: Shrs 88800 - Dow Jones

 
 
 

07/31/2012 09:48 ET

BofA/Merrill's global retail team holds an analyst/industry conference call - theflyonthewall.com

 
 
 

07/30/2012 15:21 ET

Under Armour's Special Effects - Knobias

 
 
 

07/27/2012 17:11 ET

DJ VP MIRCHIN Sells 15,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

07/27/2012 17:11 ET

UA: New Form 4 Filed, Change in Beneficial Ownership - Edgar

 
 
 

07/27/2012 17:06 ET

UA: New Form 4 Filed, Change in Beneficial Ownership - Edgar

 
 
 

07/27/2012 17:06 ET

DJ Dir COLTHARP Sells 15,000 Of UNDER ARMOUR INC >UA - Dow Jones

 
 
 

07/25/2012 08:01 ET

Under Armour's 2H athletic outlook looks solid, says UBS - theflyonthewall.com

 
 
 

07/24/2012 18:13 ET

DJ US HOT STOCKS: MetroPCS, Ryder, Sanmina-SCI, Under Armour -2- - Dow Jones

 
 
 

07/24/2012 16:14 ET

Stocks Ende Lower But Cut Losses Late After Fed Says Action May Be Coming Soon - Knobias

 
 
 

07/24/2012 16:00 ET

Knobias Sector Commentary - Knobias

 
 
 

07/24/2012 15:54 ET

Under Armour Uses Special Effects to Puff UP its Financial Performance and Share Price - Knobias

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: UAA