lululemon athletica inc. $LULU Shares Sold by Erste Asset Management GmbH

Erste Asset Management GmbH trimmed its position in lululemon athletica inc. (NASDAQ:LULU) by 84.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 820 shares of the apparel retailer’s stock after selling 4,568 shares during the period. Erste Asset Management GmbH’s holdings in lululemon athletica were worth $147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of lululemon athletica by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock worth $2,452,394,000 after acquiring an additional 521,915 shares during the period. Geode Capital Management LLC raised its holdings in lululemon athletica by 16.2% during the second quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock worth $700,502,000 after purchasing an additional 413,062 shares in the last quarter. Flossbach Von Storch SE lifted its position in lululemon athletica by 17.7% in the third quarter. Flossbach Von Storch SE now owns 1,930,831 shares of the apparel retailer’s stock valued at $343,553,000 after purchasing an additional 290,614 shares during the period. Invesco Ltd. lifted its position in lululemon athletica by 23.3% in the second quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock valued at $406,363,000 after purchasing an additional 322,816 shares during the period. Finally, Mawer Investment Management Ltd. increased its position in lululemon athletica by 2.8% during the 2nd quarter. Mawer Investment Management Ltd. now owns 1,359,440 shares of the apparel retailer’s stock worth $322,976,000 after purchasing an additional 36,664 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Activity

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total value of $2,756,244.00. Following the sale, the insider owned 5,318 shares of the company’s stock, valued at $1,084,872. This represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is owned by company insiders.

lululemon athletica Stock Performance

lululemon athletica stock opened at $176.17 on Tuesday. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $367.01. The firm has a market capitalization of $20.67 billion, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 11.66 and a beta of 1.01. The stock’s fifty day moving average is $191.91 and its two-hundred day moving average is $184.40.

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

Wall Street Analysts Forecast Growth

LULU has been the subject of a number of analyst reports. Telsey Advisory Group reissued a “market perform” rating and set a $215.00 target price on shares of lululemon athletica in a research note on Monday, January 26th. Evercore upped their price objective on lululemon athletica from $180.00 to $215.00 in a report on Friday, December 12th. Raymond James Financial reiterated a “strong-buy” rating on shares of lululemon athletica in a research report on Thursday, January 22nd. Jefferies Financial Group decreased their target price on shares of lululemon athletica from $200.00 to $185.00 and set a “hold” rating on the stock in a research report on Friday, January 30th. Finally, Bank of America upped their price target on shares of lululemon athletica from $185.00 to $220.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, lululemon athletica presently has an average rating of “Hold” and an average price target of $227.05.

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.