MGO One Seven LLC decreased its holdings in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 39.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,282 shares of the apparel retailer’s stock after selling 819 shares during the quarter. MGO One Seven LLC’s holdings in lululemon athletica were worth $305,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. raised its position in lululemon athletica by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer’s stock worth $3,755,337,000 after buying an additional 157,764 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in lululemon athletica by 3.3% in 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 buying an additional 162,295 shares during the last quarter. Alliancebernstein L.P. increased its position 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 valued at $1,356,507,000 after purchasing an additional 394,706 shares during the last quarter. Flossbach Von Storch SE increased its position in shares of lululemon athletica by 10.3% during the 1st quarter. Flossbach Von Storch SE now owns 1,401,885 shares of the apparel retailer’s stock valued at $396,818,000 after purchasing an additional 130,565 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of lululemon athletica by 7.2% during the 1st quarter. Invesco Ltd. now owns 1,387,609 shares of the apparel retailer’s stock valued at $392,777,000 after purchasing an additional 93,530 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.
Insiders Place Their Bets
In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the transaction, the insider directly owned 8,993 shares in the company, valued at $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.54% of the stock is owned by insiders.
lululemon athletica Trading Up 1.7%
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (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 return on equity of 42.05% and a net margin of 16.38%.The firm’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the company posted $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. Equities research analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have recently commented on LULU shares. Needham & Company LLC reaffirmed a “hold” rating and set a $192.00 price target on shares of lululemon athletica in a research report on Thursday, September 25th. Jefferies Financial Group reduced their price target on shares of lululemon athletica from $150.00 to $120.00 and set an “underperform” rating for the company in a research report on Monday, October 6th. Piper Sandler reduced their price target on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. HSBC lowered shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price target for the company. in a research report on Thursday, September 11th. Finally, Morgan Stanley reduced their price target on shares of lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-seven have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $231.26.
Get Our Latest Stock Analysis on LULU
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.
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