Director Fitzpatrick purchases 100,000 UA shares at $4.93 amid -9.4% annual revenue decline and unprofitability
Fitzpatrick Dawn N. purchased 100,000 shares at $4.93, increasing her holdings by 296.8% to 133,695 shares total. The transaction occurs as Under Armour's latest quarterly revenue is $1,134,068,000 and the company is unprofitable with a full-year net income of $-2,612,000, following a -9.4% annual revenue decline. Stock price has declined 52.1% from its 52-week high of $9.94 and is down 25.5% over the past 30 days, trading at $4.76 currently. This substantial personal commitment in absolute dollars ($493,000) by a director at a company facing revenue contraction and negative earnings adds a material data point to investor assessment, though the acquisition price's relationship to longer-term valuation and company operational recovery remains unresolved.