Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 464.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 141 shares of the apparel retailer’s stock after buying an additional 116 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in lululemon athletica were worth $34,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of LULU. N.E.W. Advisory Services LLC purchased a new position in shares of lululemon athletica during the 1st quarter worth $25,000. Cornerstone Planning Group LLC lifted its stake in shares of lululemon athletica by 506.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 81 shares during the period. Flaharty Asset Management LLC purchased a new position in shares of lululemon athletica during the 1st quarter worth $29,000. Blue Trust Inc. lifted its stake in shares of lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares during the period. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of lululemon athletica during the 2nd quarter worth $30,000. Institutional investors and hedge funds own 85.20% of the company’s stock.
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 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 in the company, valued at approximately $1,600,754. This represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.54% of the company’s stock.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on lululemon athletica
lululemon athletica Trading Down 5.4%
Shares of NASDAQ LULU opened at $170.30 on Thursday. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32. The company has a market cap of $20.19 billion, a P/E ratio of 11.58, a P/E/G ratio of 11.25 and a beta of 1.07. The stock has a fifty day moving average price of $178.64 and a 200 day moving average price of $226.63.
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the prior year, the firm earned $3.15 EPS. 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, sell-side analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.
lululemon athletica 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.
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