Vontobel Holding Ltd. Has $5.26 Million Holdings in lululemon athletica inc. $LULU

Vontobel Holding Ltd. reduced its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 44.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 29,542 shares of the apparel retailer’s stock after selling 23,296 shares during the period. Vontobel Holding Ltd.’s holdings in lululemon athletica were worth $5,256,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC bought a new stake in shares of lululemon athletica during the 1st quarter worth about $29,000. Blue Trust Inc. raised its position in lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. Trust Co. of Toledo NA OH acquired a new stake in shares of lululemon athletica in the 2nd quarter valued at $30,000. Migdal Insurance & Financial Holdings Ltd. grew its position in lululemon athletica by 464.0% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 116 shares during the last quarter. Finally, MTM Investment Management LLC bought a new position in lululemon athletica in the 2nd quarter worth approximately $52,000. Institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Guggenheim initiated coverage on shares of lululemon athletica in a report on Wednesday, December 10th. They set a “neutral” rating for the company. KeyCorp lowered lululemon athletica from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 9th. Wells Fargo & Company increased their price objective on shares of lululemon athletica from $160.00 to $175.00 and gave the stock an “equal weight” rating in a research note on Friday, December 12th. BTIG Research reaffirmed a “buy” rating and set a $303.00 price target on shares of lululemon athletica in a research report on Friday, December 12th. Finally, Jefferies Financial Group raised their price target on lululemon athletica from $170.00 to $200.00 and gave the company a “hold” rating in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, lululemon athletica currently has a consensus rating of “Hold” and a consensus price target of $228.19.

Insiders Place Their Bets

In other news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the sale, the insider owned 5,318 shares in the company, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the sale, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This represents a 6.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.54% of the company’s stock.

lululemon athletica Trading Down 1.1%

NASDAQ LULU opened at $210.37 on Friday. The company has a fifty day simple moving average of $181.63 and a 200 day simple moving average of $196.06. The company has a market cap of $24.68 billion, a P/E ratio of 14.58, a PEG ratio of 12.98 and a beta of 1.01. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter in the previous year, the firm earned $2.53 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. Sell-side analysts predict that lululemon athletica inc. will post 14.36 EPS for the current year.

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.