Mutual Advisors LLC Sells 76 Shares of lululemon athletica inc. $LULU

Mutual Advisors LLC lessened its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,106 shares of the apparel retailer’s stock after selling 76 shares during the quarter. Mutual Advisors LLC’s holdings in lululemon athletica were worth $2,218,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of LULU. Brighton Jones LLC bought a new position in shares of lululemon athletica during the 4th quarter worth approximately $429,000. GAMMA Investing LLC grew its position in lululemon athletica by 31.3% during the 1st quarter. GAMMA Investing LLC now owns 1,989 shares of the apparel retailer’s stock worth $563,000 after purchasing an additional 474 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in lululemon athletica by 22.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 9,953 shares of the apparel retailer’s stock worth $2,817,000 after purchasing an additional 1,855 shares during the last quarter. Exchange Traded Concepts LLC grew its position in lululemon athletica by 300.6% during the 1st quarter. Exchange Traded Concepts LLC now owns 3,858 shares of the apparel retailer’s stock worth $1,092,000 after purchasing an additional 2,895 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new stake in lululemon athletica during the 1st quarter worth approximately $805,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $164.62 on Friday. The company’s fifty day moving average price is $182.11 and its 200 day moving average price is $232.60. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The company has a market capitalization of $19.52 billion, a PE ratio of 11.19, a price-to-earnings-growth ratio of 10.45 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the prior year, the firm posted $3.15 earnings per share. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. On average, equities analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on LULU. HSBC downgraded shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 target price on the stock. in a research report on Thursday, September 11th. Oppenheimer reissued a “market perform” rating and set a $500.00 target price on shares of lululemon athletica in a research report on Friday, September 5th. Evercore ISI reissued an “in-line” rating and set a $180.00 target price (down previously from $265.00) on shares of lululemon athletica in a research report on Friday, September 5th. Bank of America dropped their target price on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research report on Friday, September 12th. Finally, The Goldman Sachs Group dropped their target price on shares of lululemon athletica from $232.00 to $200.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twenty-seven have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, lululemon athletica has an average rating of “Hold” and a consensus target price of $231.26.

Insider Transactions at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.54% of the company’s stock.

lululemon athletica Company Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.