Roxbury Financial LLC Buys Shares of 100 Lululemon Athletica Inc. (NASDAQ:LULU)

Roxbury Financial LLC bought a new stake in Lululemon Athletica Inc. (NASDAQ:LULU) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 100 shares of the apparel retailer’s stock, valued at approximately $38,000.

Other hedge funds have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC lifted its stake in Lululemon Athletica by 127.5% in the third quarter. JFS Wealth Advisors LLC now owns 116 shares of the apparel retailer’s stock valued at $31,000 after buying an additional 65 shares during the period. Sound Income Strategies LLC increased its holdings in shares of Lululemon Athletica by 309.5% in the fourth quarter. Sound Income Strategies LLC now owns 86 shares of the apparel retailer’s stock worth $33,000 after acquiring an additional 65 shares in the last quarter. Asset Planning Inc bought a new stake in shares of Lululemon Athletica in the fourth quarter worth about $33,000. Golden State Wealth Management LLC bought a new stake in shares of Lululemon Athletica in the fourth quarter worth about $36,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in shares of Lululemon Athletica in the fourth quarter worth about $38,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Insider Buying and Selling

In related news, insider Celeste Burgoyne sold 24,870 shares of Lululemon Athletica stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $405.54, for a total transaction of $10,085,779.80. Following the completion of the sale, the insider now directly owns 12,429 shares of the company’s stock, valued at approximately $5,040,456.66. This trade represents a 66.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Nicole Neuburger sold 2,022 shares of Lululemon Athletica stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $387.11, for a total value of $782,736.42. Following the sale, the insider now directly owns 6,198 shares of the company’s stock, valued at approximately $2,399,307.78. The trade was a 24.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by insiders.

Lululemon Athletica Stock Down 6.2 %

LULU opened at $366.68 on Friday. Lululemon Athletica Inc. has a 12-month low of $226.01 and a 12-month high of $480.94. The stock has a market cap of $44.65 billion, a price-to-earnings ratio of 26.48, a PEG ratio of 2.51 and a beta of 1.19. The business has a 50 day moving average of $391.37 and a 200-day moving average of $320.44.

Lululemon Athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, December 5th. The apparel retailer reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.69 by $0.18. The business had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period last year, the firm posted $2.53 EPS. As a group, analysts expect that Lululemon Athletica Inc. will post 14.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

LULU has been the subject of several recent analyst reports. Stifel Nicolaus restated a “buy” rating and issued a $438.00 price target (up from $370.00) on shares of Lululemon Athletica in a report on Friday, December 6th. Robert W. Baird increased their price target on Lululemon Athletica from $380.00 to $440.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Evercore ISI increased their price objective on Lululemon Athletica from $440.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, January 28th. Oppenheimer increased their price objective on Lululemon Athletica from $380.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Finally, TD Cowen increased their price objective on Lululemon Athletica from $382.00 to $383.00 in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twenty have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $399.14.

Lululemon Athletica Company Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.