Rep. Jefferson Shreve Sells Lululemon Athletica Inc. (NASDAQ:LULU) Stock

Representative Jefferson Shreve (R-Indiana) recently sold shares of Lululemon Athletica Inc. (NASDAQ:LULU). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lululemon Athletica stock on April 17th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.

Lululemon Athletica Stock Performance

LULU stock opened at $279.89 on Friday. Lululemon Athletica Inc. has a one year low of $226.01 and a one year high of $423.32. The firm has a market cap of $33.77 billion, a PE ratio of 20.21, a PEG ratio of 2.22 and a beta of 1.30. The firm’s 50 day moving average price is $288.50 and its 200-day moving average price is $337.47.

Lululemon Athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, beating the consensus estimate of $5.85 by $0.29. The business had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.59 billion. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The company’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.29 EPS. Equities research analysts predict that Lululemon Athletica Inc. will post 14.36 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on LULU shares. Needham & Company LLC dropped their price target on shares of Lululemon Athletica from $475.00 to $430.00 and set a “buy” rating for the company in a research report on Wednesday, March 26th. Robert W. Baird dropped their target price on shares of Lululemon Athletica from $450.00 to $370.00 and set an “outperform” rating for the company in a report on Friday, April 4th. KeyCorp decreased their price target on Lululemon Athletica from $420.00 to $400.00 and set an “overweight” rating on the stock in a research note on Friday, March 28th. BMO Capital Markets dropped their price objective on Lululemon Athletica from $313.00 to $302.00 and set a “market perform” rating for the company in a research note on Friday, March 28th. Finally, Raymond James reiterated a “market perform” rating and issued a $430.00 price objective on shares of Lululemon Athletica in a report on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Lululemon Athletica currently has a consensus rating of “Moderate Buy” and an average target price of $369.86.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of LULU. Principal Financial Group Inc. increased its position in shares of Lululemon Athletica by 61.2% during the third quarter. Principal Financial Group Inc. now owns 250,175 shares of the apparel retailer’s stock worth $67,885,000 after purchasing an additional 94,997 shares in the last quarter. Nordea Investment Management AB grew its stake in Lululemon Athletica by 3.3% during the 4th quarter. Nordea Investment Management AB now owns 9,034 shares of the apparel retailer’s stock worth $3,465,000 after buying an additional 287 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Lululemon Athletica by 1.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,436 shares of the apparel retailer’s stock worth $5,903,000 after buying an additional 159 shares during the last quarter. Hilltop National Bank increased its position in Lululemon Athletica by 28.4% during the fourth quarter. Hilltop National Bank now owns 3,166 shares of the apparel retailer’s stock worth $1,211,000 after buying an additional 700 shares during the period. Finally, Franklin Street Advisors Inc. NC lifted its stake in Lululemon Athletica by 52.4% in the fourth quarter. Franklin Street Advisors Inc. NC now owns 105,263 shares of the apparel retailer’s stock valued at $40,254,000 after buying an additional 36,184 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Lululemon Athletica

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.