Short Interest in lululemon athletica inc. (NASDAQ:LULU) Drops By 20.7%

lululemon athletica inc. (NASDAQ:LULU) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 6,013,088 shares, a decrease of 20.7% from the December 15th total of 7,582,172 shares. Approximately 5.2% of the shares of the company are sold short. Based on an average daily volume of 5,090,865 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 5,090,865 shares, the days-to-cover ratio is presently 1.2 days. Approximately 5.2% of the shares of the company are sold short.

Insider Transactions at lululemon athletica

In other lululemon athletica news, 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 transaction, the insider owned 5,318 shares of the company’s stock, valued at $1,084,872. The trade was a 71.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Perigon Wealth Management LLC grew its holdings in shares of lululemon athletica by 25.1% during the fourth quarter. Perigon Wealth Management LLC now owns 1,431 shares of the apparel retailer’s stock worth $297,000 after purchasing an additional 287 shares during the last quarter. Tema Etfs LLC acquired a new position in shares of lululemon athletica during the fourth quarter worth $414,000. Nisa Investment Advisors LLC grew its stake in shares of lululemon athletica by 119.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 9,141 shares of the apparel retailer’s stock worth $1,900,000 after purchasing an additional 4,982 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in lululemon athletica in the fourth quarter valued at $227,000. Finally, Silver Oak Securities Incorporated bought a new position in lululemon athletica during the 4th quarter worth $449,000. 85.20% of the stock is owned by institutional investors.

lululemon athletica Trading Down 1.5%

NASDAQ LULU traded down $3.14 on Friday, hitting $201.87. 3,639,261 shares of the company’s stock were exchanged, compared to its average volume of 3,264,494. The stock has a 50-day moving average of $193.54 and a 200-day moving average of $192.46. The stock has a market cap of $23.68 billion, a price-to-earnings ratio of 13.99, a P/E/G ratio of 12.44 and a beta of 1.01. lululemon athletica has a 52 week low of $159.25 and a 52 week high of $423.32.

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on LULU. Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price objective on the stock. in a research report on Thursday, October 16th. Evercore ISI lifted their target price on lululemon athletica from $180.00 to $215.00 in a report on Friday, December 12th. Bank of America boosted their target price on shares of lululemon athletica from $185.00 to $220.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Citigroup raised their price target 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, Wells Fargo & Company boosted their price objective on shares of lululemon athletica from $160.00 to $175.00 and gave the company an “equal weight” rating in a report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, lululemon athletica currently has an average rating of “Hold” and an average target price of $228.19.

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.