Clear Creek Financial Management LLC Grows Position in lululemon athletica inc. $LULU

Clear Creek Financial Management LLC lifted its holdings in lululemon athletica inc. (NASDAQ:LULU) by 290.2% during the second quarter, Holdings Channel reports. The fund owned 3,028 shares of the apparel retailer’s stock after buying an additional 2,252 shares during the quarter. Clear Creek Financial Management LLC’s holdings in lululemon athletica were worth $719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LULU. Brighton Jones LLC acquired a new stake in shares of lululemon athletica in the fourth quarter worth $429,000. Farther Finance Advisors LLC increased its stake in shares of lululemon athletica by 8.0% in the first quarter. Farther Finance Advisors LLC now owns 1,401 shares of the apparel retailer’s stock worth $392,000 after acquiring an additional 104 shares during the period. Harbor Capital Advisors Inc. increased its stake in shares of lululemon athletica by 7.2% in the first quarter. Harbor Capital Advisors Inc. now owns 4,545 shares of the apparel retailer’s stock worth $1,287,000 after acquiring an additional 304 shares during the period. GAMMA Investing LLC increased its stake in shares of lululemon athletica by 31.3% in the first quarter. GAMMA Investing LLC now owns 1,989 shares of the apparel retailer’s stock worth $563,000 after acquiring an additional 474 shares during the period. Finally, Integrated Advisors Network LLC acquired a new stake in shares of lululemon athletica in the first quarter worth $277,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Stock Down 3.4%

LULU opened at $167.51 on Friday. The company has a market cap of $19.86 billion, a price-to-earnings ratio of 11.39, a PEG ratio of 10.84 and a beta of 1.07. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $423.32. The firm’s fifty day simple moving average is $184.28 and its two-hundred day simple moving average is $236.63.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.24. The business had revenue of $2.53 billion for 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%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same period last 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. On average, research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on LULU. Hsbc Global Res downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a report on Wednesday. Piper Sandler lowered their price target on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Dbs Bank lowered their price target on shares of lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. Finally, Sanford C. Bernstein lowered their price target on shares of lululemon athletica from $350.00 to $220.00 and set an “outperform” rating on the stock in a report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twenty-six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $232.29.

Insider Buying and Selling at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the transaction, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.54% of the company’s stock.

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.