lululemon athletica inc. $LULU Position Cut by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 77.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 16,800 shares of the apparel retailer’s stock after selling 57,900 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in lululemon athletica were worth $2,989,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Sandler Capital Management acquired a new stake in lululemon athletica in the 1st quarter valued at approximately $484,000. K.J. Harrison & Partners Inc grew its stake in shares of lululemon athletica by 100.1% in the second quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock worth $1,426,000 after purchasing an additional 3,002 shares in the last quarter. U S Global Investors Inc. bought a new position in shares of lululemon athletica in the second quarter worth $760,000. Capricorn Fund Managers Ltd increased its holdings in shares of lululemon athletica by 35.0% during the second quarter. Capricorn Fund Managers Ltd now owns 13,500 shares of the apparel retailer’s stock valued at $3,207,000 after purchasing an additional 3,500 shares during the period. Finally, Alpha Wealth Funds LLC bought a new stake in shares of lululemon athletica during the second quarter valued at about $470,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Insider Activity at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the completion of the transaction, the insider owned 5,318 shares in the company, valued at $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on LULU shares. Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 target price for the company. in a research report on Thursday, October 16th. Oppenheimer reaffirmed a “market perform” rating and issued a $500.00 price target on shares of lululemon athletica in a research note on Friday, September 5th. HSBC lowered shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price objective on the stock. in a research note on Thursday, September 11th. Stifel Nicolaus restated a “hold” rating and issued a $210.00 target price on shares of lululemon athletica in a research report on Tuesday. Finally, Guggenheim began coverage on lululemon athletica in a research report on Wednesday, December 10th. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-two have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and an average price target of $228.19.

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $207.81 on Friday. The stock has a market capitalization of $24.38 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 12.82 and a beta of 1.01. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The company has a 50 day moving average price of $185.02 and a 200 day moving average price of $194.61.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.37. The company had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The firm’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.53 earnings per share. 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. On average, sell-side analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

lululemon athletica Profile

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.