URBN URBAN OUTFITTERS INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 2/4 quarters. Q2 2026: $0M, Q1 2026: $152M, Q3 2025: $0M, Q2 2025: $52M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $0M vs trailing avg $68M (-100%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-160M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 0 shares = 0.0% of 89,696,293 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $1M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 348492887.3x more than bought. 6 C-suite officers among sellers

• Smith Tricia D (Global CEO Anthropologie Group) sold 3,500 shares on 2026-09-18
• Marein-Efron Melanie (Chief Financial Officer) sold 5,700 shares on 2026-09-04
• Hayne Azeez (Chief Administrative Officer) sold 8,733 shares on 2026-05-22
• Marein-Efron Melanie (Chief Financial Officer) sold 5,036 shares on 2026-05-22
• Conforti Frank (Co-President & COO) sold 9,391 shares on 2026-05-22
• Hayne Azeez (Chief Administrative Officer) sold 5,720 shares on 2026-03-11
• Smith Tricia D (Global CEO Anthropologie Group) sold 5,000 shares on 2026-03-02
• Hayne Margaret (Co-President & CCO) sold 2,185 shares on 2026-02-19
• Hayne Margaret (Co-President & CCO) sold 7,980 shares on 2026-02-20
• Hayne Margaret (Co-President & CCO) sold 1,353 shares on 2026-02-20