lululemon athletica inc. $LULU Shares Sold by Hoey Investments Inc.

Hoey Investments Inc. lowered its position in lululemon athletica inc. (NASDAQ:LULU) by 15.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,107 shares of the apparel retailer’s stock after selling 203 shares during the quarter. Hoey Investments Inc.’s holdings in lululemon athletica were worth $263,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of lululemon athletica in the 4th quarter valued at $429,000. Woodline Partners LP acquired a new position in shares of lululemon athletica during the fourth quarter worth $951,000. Vise Technologies Inc. purchased a new position in lululemon athletica in the fourth quarter valued at $407,000. GTS Securities LLC raised its stake in lululemon athletica by 102.7% in the fourth quarter. GTS Securities LLC now owns 1,534 shares of the apparel retailer’s stock valued at $587,000 after buying an additional 57,665 shares in the last quarter. Finally, Forum Financial Management LP acquired a new stake in lululemon athletica in the fourth quarter valued at $274,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on LULU shares. Hsbc Global Res downgraded lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 11th. UBS Group reduced their price objective on shares of lululemon athletica from $240.00 to $185.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. KeyCorp cut shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. Evercore ISI reaffirmed an “in-line” rating and issued a $180.00 target price (down from $265.00) on shares of lululemon athletica in a research report on Friday, September 5th. Finally, Bank of America cut their price target on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research note on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, twenty-three have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $235.67.

lululemon athletica Stock Up 2.2%

NASDAQ:LULU opened at $173.41 on Tuesday. The firm’s fifty day simple moving average is $196.27 and its 200-day simple moving average is $249.99. The stock has a market cap of $20.56 billion, a PE ratio of 11.79, a price-to-earnings-growth ratio of 10.59 and a beta of 1.12. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.24. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.lululemon athletica’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.15 earnings per share. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Equities analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

In related news, CEO Calvin Mcdonald sold 27,049 shares of lululemon athletica stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the completion of the transaction, the chief executive officer directly owned 110,564 shares in the company, valued at $26,058,829.16. The trade was a 19.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

lululemon athletica 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.