355,981 Shares in lululemon athletica inc. $LULU Bought by Cibc World Market Inc.

Cibc World Market Inc. purchased a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 355,981 shares of the apparel retailer’s stock, valued at approximately $40,646,000. Cibc World Market Inc. owned about 0.30% of lululemon athletica as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Uniplan Investment Counsel Inc. purchased a new position in shares of lululemon athletica in the fourth quarter valued at about $26,000. Elyxium Wealth LLC purchased a new stake in shares of lululemon athletica during the fourth quarter worth about $31,000. Rexford Capital Inc. purchased a new position in lululemon athletica during the 1st quarter valued at about $31,000. DV Equities LLC bought a new position in lululemon athletica during the 4th quarter valued at approximately $31,000. Finally, Gould Capital LLC bought a new position in lululemon athletica during the 1st quarter valued at approximately $32,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Buying and Selling

In other news, Director Charles V. Bergh acquired 4,275 shares of lululemon athletica stock in a transaction on 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 owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.54% of the company’s stock.

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $121.07 on Monday. The stock has a fifty day simple moving average of $117.42 and a two-hundred day simple moving average of $140.11. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $225.98. The stock has a market capitalization of $14.37 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 3.97 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.60 earnings per share. 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 predict that lululemon athletica inc. will post 10.93 EPS for the current year.

Analyst Upgrades and Downgrades

LULU has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a research report on Monday, June 8th. JPMorgan Chase & Co. raised their price target on lululemon athletica from $149.00 to $154.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Wells Fargo & Company cut their price target on shares of lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 21st. Evercore reduced their price objective on shares of lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Finally, Freedom Capital upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, lululemon athletica has a consensus rating of “Reduce” and an average price target of $148.54.

lululemon athletica 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.