lululemon athletica inc. $LULU Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC boosted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 25.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,496 shares of the apparel retailer’s stock after purchasing an additional 507 shares during the period. GAMMA Investing LLC’s holdings in lululemon athletica were worth $593,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. boosted its stake in shares of lululemon athletica by 151.6% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock worth $218,052,000 after acquiring an additional 464,186 shares in the last quarter. Nuveen LLC purchased a new stake in shares of lululemon athletica during the 1st quarter worth about $123,894,000. Alliancebernstein L.P. boosted its stake in shares of lululemon athletica by 9.0% during the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after acquiring an additional 394,706 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of lululemon athletica by 3.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock worth $1,418,389,000 after acquiring an additional 162,295 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its stake in shares of lululemon athletica by 16.6% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer’s stock worth $319,463,000 after acquiring an additional 160,897 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research note on Monday, September 8th. CICC Research reissued a “market perform” rating and set a $280.49 target price on shares of lululemon athletica in a research note on Monday, June 9th. Telsey Advisory Group downgraded shares of lululemon athletica from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $360.00 to $200.00 in a research report on Monday, September 15th. Citigroup reduced their price target on shares of lululemon athletica from $220.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. Finally, Needham & Company LLC reduced their price target on shares of lululemon athletica from $238.00 to $192.00 and set a “buy” rating for the company in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, twenty-five have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $234.64.

lululemon athletica Trading Up 3.4%

LULU stock opened at $179.22 on Thursday. The company has a market cap of $21.25 billion, a price-to-earnings ratio of 12.18, a PEG ratio of 10.82 and a beta of 1.12. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32. The firm has a 50-day moving average of $194.35 and a two-hundred day moving average of $248.97.

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

Insider Buying and Selling

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $235.69, for a total value of $6,375,178.81. Following the completion of the sale, the chief executive officer owned 110,564 shares in the company, valued at approximately $26,058,829.16. This represents a 19.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

About lululemon athletica

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.