Exchange Traded Concepts LLC Buys 18,998 Shares of lululemon athletica inc. $LULU

Exchange Traded Concepts LLC lifted its stake in lululemon athletica inc. (NASDAQ:LULU) by 828.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,290 shares of the apparel retailer’s stock after purchasing an additional 18,998 shares during the period. Exchange Traded Concepts LLC’s holdings in lululemon athletica were worth $2,431,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Uniplan Investment Counsel Inc. bought a new position in lululemon athletica in the fourth quarter worth about $26,000. Elyxium Wealth LLC bought a new stake in lululemon athletica during the 4th quarter valued at approximately $31,000. DV Equities LLC purchased a new position in shares of lululemon athletica during the 4th quarter worth approximately $31,000. GW&K Investment Management LLC grew its holdings in shares of lululemon athletica by 70.3% during the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock worth $39,000 after acquiring an additional 78 shares during the period. Finally, Rexford Capital Inc. bought a new position in shares of lululemon athletica in the 1st quarter worth approximately $31,000. Institutional investors own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on LULU. Zacks Research lowered lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. JPMorgan Chase & Co. increased their price objective on lululemon athletica from $149.00 to $154.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Bank of America lowered their price objective on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Weiss Ratings upgraded shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $93.00 target price on shares of lululemon athletica in a research report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have given a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $148.54.

Insiders Place Their Bets

In other lululemon athletica news, Director Charles V. Bergh acquired 4,275 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average cost of $117.05 per share, with a total value of $500,388.75. Following the transaction, the director owned 10,365 shares of the company’s stock, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.54% of the stock is currently owned by insiders.

lululemon athletica Trading Down 1.1%

lululemon athletica stock opened at $119.56 on Friday. lululemon athletica inc. has a 12 month low of $104.44 and a 12 month high of $225.98. The company has a market capitalization of $14.19 billion, a price-to-earnings ratio of 9.65, a price-to-earnings-growth ratio of 3.96 and a beta of 0.86. The business’s fifty day simple moving average is $117.46 and its two-hundred day simple moving average is $142.76.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.02. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.lululemon athletica’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.60 EPS. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. On average, equities research analysts predict that lululemon athletica inc. will post 10.93 EPS for the current year.

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.