Reza Taleghani, Chief Financial Officer at Under Armour, Inc. (UA), bought 18,656 shares at $5.37 ($100K) on 2026-08-11, disclosed to the SEC on 2026-08-12.
Under Armour CFO Reza Taleghani purchased 18,656 shares for $100,181, marking the largest insider purchase in the company's history. This significant buyback comes as the stock has crashed 22.47% over the last month, potentially signaling confidence in the current valuation.
UA shares have plummeted 22.47% over the last 30 days and are currently trading at $5.125, sitting 35.18% below the 52-week high of $7.91. The stock is down 77.1% over the past five years, reflecting a prolonged period of underperformance.
1) Q2 Earnings Call on August 16: Management emphasized a 'reset' and product simplification efforts. 2) Q2 Revenue Miss: Sales fell 3.2% year-over-year to $1.10 billion, with management attributing the shortfall to softer consumer demand. 3) Analyst Downgrade: Barclays downgraded UAA on August 11, citing brand momentum and promotional activity concerns.
1) Guidance Downgrade: The company forecasted a sharper annual revenue decline in early August, sending shares down as much as 9%. 2) Analyst Downgrade: Barclays downgraded the stock on August 11, citing brand momentum and promotional activity concerns.
Clearly above the average filing.