Monaco Asset Management SAM Invests $12.28 Million in lululemon athletica inc. $LULU

Monaco Asset Management SAM bought a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 69,000 shares of the apparel retailer’s stock, valued at approximately $12,277,000. lululemon athletica accounts for about 0.7% of Monaco Asset Management SAM’s portfolio, making the stock its 7th biggest holding.

A number of other institutional investors have also recently bought and sold shares of LULU. K.J. Harrison & Partners Inc boosted its stake in shares of lululemon athletica by 100.1% during the 2nd quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock worth $1,426,000 after acquiring an additional 3,002 shares in the last quarter. Hussman Strategic Advisors Inc. raised its stake in shares of lululemon athletica by 66.7% in the 3rd quarter. Hussman Strategic Advisors Inc. now owns 21,000 shares of the apparel retailer’s stock valued at $3,737,000 after acquiring an additional 8,400 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in lululemon athletica by 2,598.9% in the 3rd quarter. Pacer Advisors Inc. now owns 475,957 shares of the apparel retailer’s stock worth $84,687,000 after purchasing an additional 458,322 shares during the last quarter. Pacific Heights Asset Management LLC lifted its holdings in lululemon athletica by 44.4% in the 3rd quarter. Pacific Heights Asset Management LLC now owns 65,000 shares of the apparel retailer’s stock worth $11,565,000 after purchasing an additional 20,000 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new stake in lululemon athletica during the second quarter worth approximately $3,276,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Activity at lululemon athletica

In other 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 transaction of $2,756,244.00. Following the sale, the insider owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $187.30 on Friday. The company has a market cap of $21.97 billion, a PE ratio of 12.98, a price-to-earnings-growth ratio of 11.52 and a beta of 1.01. The firm has a fifty day moving average price of $195.32 and a two-hundred day moving average price of $185.03. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $372.66.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $2.48 billion. During the same quarter in the prior year, the business earned $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. Analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of lululemon athletica from $203.00 to $209.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Robert W. Baird raised their target price on shares of lululemon athletica from $195.00 to $210.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Piper Sandler lifted their target price on shares of lululemon athletica from $165.00 to $190.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Citigroup boosted their target price on shares of lululemon athletica from $190.00 to $210.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Guggenheim assumed coverage on shares of lululemon athletica in a report on Wednesday, December 10th. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $227.05.

lululemon athletica Company Profile

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.