Pursue Wealth Partners LLC Takes Position in lululemon athletica inc. $LULU

Pursue Wealth Partners LLC purchased a new stake in shares of lululemon athletica inc. (NASDAQ:LULUFree Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 8,225 shares of the apparel retailer’s stock, valued at approximately $1,463,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake in shares of lululemon athletica by 9.1% during the 2nd quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 600 shares of the apparel retailer’s stock valued at $143,000 after purchasing an additional 50 shares during the period. Westside Investment Management Inc. increased its position in shares of lululemon athletica by 15.4% during the second quarter. Westside Investment Management Inc. now owns 420 shares of the apparel retailer’s stock valued at $100,000 after buying an additional 56 shares during the period. Twin Capital Management Inc. lifted its holdings in shares of lululemon athletica by 1.6% in the second quarter. Twin Capital Management Inc. now owns 3,734 shares of the apparel retailer’s stock worth $887,000 after buying an additional 58 shares in the last quarter. MGO One Seven LLC boosted its position in shares of lululemon athletica by 4.5% in the third quarter. MGO One Seven LLC now owns 1,340 shares of the apparel retailer’s stock valued at $238,000 after acquiring an additional 58 shares during the period. Finally, Blue Trust Inc. grew its stake in lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 61 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

Shares of LULU opened at $176.42 on Friday. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $393.54. The firm has a 50 day moving average price of $196.09 and a 200-day moving average price of $185.56. The firm has a market cap of $20.70 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 11.15 and a beta of 1.01.

lululemon athletica (NASDAQ:LULUGet Free Report) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same period in the previous year, the firm posted $2.53 earnings per share. The firm’s revenue for the quarter 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, equities research analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insiders Place Their Bets

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

Key Stories Impacting lululemon athletica

Here are the key news stories impacting lululemon athletica this week:

Analyst Ratings Changes

Several research firms have issued reports on LULU. Barclays increased their target price on shares of lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Friday, December 12th. Weiss Ratings upgraded lululemon athletica from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 5th. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Guggenheim began coverage on lululemon athletica in a report on Wednesday, December 10th. They issued a “neutral” rating on the stock. Finally, BNP Paribas Exane decreased their price objective on shares of lululemon athletica from $230.00 to $206.00 and set a “neutral” rating on the stock in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, lululemon athletica currently has an average rating of “Hold” and a consensus target price of $227.05.

View Our Latest Stock Analysis on LULU

About lululemon athletica

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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