Celeste Burgoyne Sells 13,511 Shares of lululemon athletica (NASDAQ:LULU) Stock

lululemon athletica inc. (NASDAQ:LULU) insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the sale, the insider directly owned 5,318 shares in the company, valued at approximately $1,084,872. This represents a 71.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

lululemon athletica Stock Up 3.5%

Shares of NASDAQ:LULU traded up $7.31 during trading on Thursday, hitting $215.18. The stock had a trading volume of 12,096,425 shares, compared to its average volume of 3,533,029. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32. The stock has a 50-day simple moving average of $176.46 and a two-hundred day simple moving average of $199.66. The stock has a market capitalization of $25.52 billion, a price-to-earnings ratio of 14.91, a price-to-earnings-growth ratio of 12.76 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 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 analyst estimates of $2.48 billion. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. During the same period in the prior year, the company earned $2.53 earnings per share. The firm’s revenue was up 7.1% on a year-over-year basis. 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 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on LULU. Citigroup raised their price target on shares of lululemon athletica from $190.00 to $210.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a report on Wednesday, October 8th. Barclays lifted their price target on shares of lululemon athletica from $180.00 to $189.00 and gave the company an “equal weight” rating in a research report on Friday, December 12th. Baird R W cut lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of lululemon athletica from $191.00 to $203.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, lululemon athletica currently has an average rating of “Hold” and an average price target of $228.19.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Cornerstone Planning Group LLC lifted its position in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after purchasing an additional 68 shares during the last quarter. Murphy & Mullick Capital Management Corp lifted its holdings in lululemon athletica by 187.5% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after buying an additional 105 shares during the last quarter. Flaharty Asset Management LLC acquired a new position in shares of lululemon athletica during the 1st quarter worth about $29,000. Blue Trust Inc. increased its holdings in shares of lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 61 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of lululemon athletica during the 2nd quarter worth about $30,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

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.