Lululemon Athletica (NASDAQ:LULU) Stock Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Lululemon Athletica Inc. (NASDAQ:LULU). In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Lululemon Athletica stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Best Buy (NYSE:BBY) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of EOG Resources (NYSE:EOG) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of CSX (NASDAQ:CSX) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Valero Energy (NYSE:VLO) on 4/8/2025.

Lululemon Athletica Price Performance

LULU stock opened at $270.77 on Thursday. The firm has a market capitalization of $32.66 billion, a P/E ratio of 19.55, a P/E/G ratio of 2.22 and a beta of 1.31. The business’s 50-day moving average is $300.26 and its two-hundred day moving average is $337.91. Lululemon Athletica Inc. has a 1 year low of $226.01 and a 1 year high of $423.32.

Lululemon Athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, beating the consensus estimate of $5.85 by $0.29. The company had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.59 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The firm’s revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the firm posted $5.29 earnings per share. On average, analysts expect that Lululemon Athletica Inc. will post 14.36 EPS for the current year.

Hedge Funds Weigh In On Lululemon Athletica

Hedge funds have recently bought and sold shares of the company. Westside Investment Management Inc. lifted its holdings in shares of Lululemon Athletica by 900.0% in the 3rd quarter. Westside Investment Management Inc. now owns 300 shares of the apparel retailer’s stock worth $81,000 after purchasing an additional 270 shares during the last quarter. Anchor Investment Management LLC grew its holdings in Lululemon Athletica by 17.4% during the third quarter. Anchor Investment Management LLC now owns 4,582 shares of the apparel retailer’s stock worth $1,243,000 after acquiring an additional 680 shares during the period. Pine Valley Investments Ltd Liability Co raised its holdings in shares of Lululemon Athletica by 964.2% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,058 shares of the apparel retailer’s stock worth $3,815,000 after purchasing an additional 12,737 shares in the last quarter. World Investment Advisors LLC acquired a new stake in shares of Lululemon Athletica during the 3rd quarter valued at $15,038,000. Finally, Sfmg LLC acquired a new position in shares of Lululemon Athletica in the 3rd quarter valued at $2,984,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have issued reports on LULU shares. Argus downgraded shares of Lululemon Athletica from a “buy” rating to a “hold” rating in a research report on Tuesday, April 1st. Raymond James reissued a “market perform” rating and set a $430.00 price objective on shares of Lululemon Athletica in a report on Friday, March 28th. Sanford C. Bernstein upgraded Lululemon Athletica from a “market perform” rating to an “outperform” rating and raised their price target for the company from $360.00 to $460.00 in a research report on Tuesday, January 7th. Evercore ISI increased their target price on Lululemon Athletica from $440.00 to $495.00 and gave the company an “outperform” rating in a report on Tuesday, January 28th. Finally, Piper Sandler reduced their price objective on shares of Lululemon Athletica from $315.00 to $280.00 and set a “neutral” rating on the stock in a research note on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Lululemon Athletica presently has an average rating of “Moderate Buy” and a consensus target price of $369.86.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.