Geode Capital Management LLC Purchases 71,464 Shares of lululemon athletica inc. $LULU

Geode Capital Management LLC grew its position in lululemon athletica inc. (NASDAQ:LULU) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,049,911 shares of the apparel retailer’s stock after purchasing an additional 71,464 shares during the quarter. Geode Capital Management LLC’s holdings in lululemon athletica were worth $631,526,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Cornerstone Planning Group LLC boosted its stake in shares of lululemon athletica by 81.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after purchasing an additional 68 shares during the last quarter. Integrated Financial Solutions Inc. bought a new stake in shares of lululemon athletica in the 4th quarter valued at $26,000. Murphy & Mullick Capital Management Corp boosted its stake in shares of lululemon athletica by 187.5% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock valued at $27,000 after purchasing an additional 105 shares during the last quarter. GoalVest Advisory LLC bought a new stake in shares of lululemon athletica in the 4th quarter valued at $27,000. Finally, Elyxium Wealth LLC bought a new stake in shares of lululemon athletica in the 4th quarter valued at $31,000. 85.20% of the stock is owned by institutional investors.

lululemon athletica News Summary

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

• Positive Sentiment: BTIG Research reaffirmed its Buy rating on lululemon and raised its price target to $225, implying meaningful upside from current levels. BTIG reiterates buy on lululemon
• Positive Sentiment: Lululemon reached a cooperation agreement with founder Chip Wilson, ending the proxy fight and adding board members, which could reduce governance uncertainty ahead of the CEO transition. Lululemon board truce with founder resets governance
• Neutral Sentiment: Options markets are pricing in a possible move of about 9.4% after the upcoming earnings report, highlighting that a larger-than-usual post-earnings swing is possible. Lululemon earnings could swing stock
• Neutral Sentiment: Several previews suggest Q1 earnings may decline, with investors focused on whether China, men’s, and digital growth can offset soft North American demand and tariff pressure on margins. Lululemon pre-Q1 earnings article
• Negative Sentiment: Analysts warned that lululemon may not have the right setup for an earnings beat, reinforcing concerns that the upcoming report could disappoint if trends in the Americas remain weak. Zacks earnings preview

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Barclays cut their target price on shares of lululemon athletica from $203.00 to $161.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 18th. Stifel Nicolaus cut their target price on shares of lululemon athletica from $210.00 to $176.00 and set a “hold” rating on the stock in a research note on Wednesday, March 18th. Jefferies Financial Group cut their target price on shares of lululemon athletica from $170.00 to $145.00 and set a “hold” rating on the stock in a research note on Tuesday, April 28th. BNP Paribas Exane cut their target price on shares of lululemon athletica from $206.00 to $170.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Finally, The Goldman Sachs Group cut their target price on shares of lululemon athletica from $200.00 to $184.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twenty-eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $201.66.

lululemon athletica Trading Down 0.1%

LULU opened at $131.25 on Friday. The company’s fifty day moving average price is $144.96 and its two-hundred day moving average price is $171.55. lululemon athletica inc. has a 1-year low of $116.63 and a 1-year high of $340.25. The company has a market cap of $15.84 billion, a price-to-earnings ratio of 9.87, a PEG ratio of 4.05 and a beta of 0.90.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share for the quarter, topping the consensus estimate of $4.78 by $0.23. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The firm had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same quarter in the prior year, the company posted $6.14 earnings per share. The business’s revenue was up .0% on a year-over-year basis. As a group, equities analysts forecast that lululemon athletica inc. will post 12.26 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Andre Maestrini bought 3,275 shares of the stock in a transaction dated Wednesday, April 1st. The stock was bought at an average price of $151.02 per share, for a total transaction of $494,590.50. Following the completion of the acquisition, the chief executive officer directly owned 34,551 shares in the company, valued at approximately $5,217,892.02. This trade represents a 10.47% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Charles V. Bergh bought 6,090 shares of the stock in a transaction dated Friday, March 20th. The stock was purchased at an average price of $164.20 per share, with a total value of $999,978.00. Following the acquisition, the director owned 6,090 shares of the company’s stock, valued at $999,978. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.54% of the stock is currently owned by corporate insiders.

About lululemon athletica

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.