lululemon athletica (NASDAQ:LULU) Director Charles Bergh Buys 4,275 Shares

lululemon athletica inc. (NASDAQ:LULU) Director Charles Bergh acquired 4,275 shares of the stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

lululemon athletica Price Performance

Shares of LULU opened at $115.50 on Wednesday. The firm’s 50 day moving average is $136.47 and its 200-day moving average is $167.45. The stock has a market capitalization of $13.71 billion, a P/E ratio of 9.32, a P/E/G ratio of 3.74 and a beta of 0.87. lululemon athletica inc. has a 12-month low of $109.36 and a 12-month high of $252.24.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.02. The company had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.60 EPS. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. As a group, equities research analysts forecast that lululemon athletica inc. will post 11.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LULU has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of lululemon athletica from $173.00 to $149.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Citigroup reduced their price objective on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Jefferies Financial Group reduced their price objective on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating for the company in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a research note on Monday, June 8th. Finally, Stifel Nicolaus reduced their price objective on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-six have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $152.88.

Institutional Trading of lululemon athletica

Hedge funds have recently made changes to their positions in the stock. Uniplan Investment Counsel Inc. purchased a new stake in shares of lululemon athletica in the fourth quarter worth approximately $26,000. Integrated Financial Solutions Inc. purchased a new stake in shares of lululemon athletica in the fourth quarter worth approximately $26,000. GoalVest Advisory LLC purchased a new stake in shares of lululemon athletica in the fourth quarter worth approximately $27,000. Elyxium Wealth LLC purchased a new stake in shares of lululemon athletica in the fourth quarter worth approximately $31,000. Finally, DV Equities LLC purchased a new stake in shares of lululemon athletica in the fourth quarter worth approximately $31,000. 85.20% of the stock is owned by hedge funds and other institutional investors.

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.