25,000 Shares in lululemon athletica inc. $LULU Purchased by Formula Growth Ltd.

Formula Growth Ltd. purchased a new position in shares of lululemon athletica inc. (NASDAQ:LULUFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,000 shares of the apparel retailer’s stock, valued at approximately $2,854,000.

A number of other institutional investors also recently added to or reduced their stakes in LULU. BlackRock Inc. bought a new stake in shares of lululemon athletica in the 2nd quarter valued at approximately $1,010,565,000. Flossbach Von Storch SE bought a new position in shares of lululemon athletica during the 2nd quarter worth approximately $207,392,000. Norges Bank bought a new position in shares of lululemon athletica during the 4th quarter worth approximately $362,598,000. Boston Partners acquired a new stake in lululemon athletica in the 4th quarter valued at $304,875,000. Finally, Legal & General Group Plc acquired a new stake in lululemon athletica in the 2nd quarter valued at $100,660,000. 85.20% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at lululemon athletica

In related news, Director Charles V. Bergh purchased 4,275 shares of lululemon athletica stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on LULU. Weiss Ratings cut lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. The Goldman Sachs Group reduced their target price on shares of lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Telsey Advisory Group lowered their target price on shares of lululemon athletica from $175.00 to $122.00 and set a “market perform” rating on the stock in a report on Friday, June 5th. Finally, Sanford C. Bernstein cut their price target on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating for the company in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $148.38.

View Our Latest Research Report on lululemon athletica

lululemon athletica Price Performance

LULU stock opened at $115.00 on Friday. The business has a fifty day moving average price of $117.76 and a 200 day moving average price of $138.56. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $225.98. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 9.28, a P/E/G ratio of 3.82 and a beta of 0.86.

lululemon athletica (NASDAQ:LULUGet Free Report) last posted its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion for 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%.The business’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.60 earnings per share. 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 analysts expect that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

lululemon athletica News Summary

Here are the key news stories impacting lululemon athletica this week:

lululemon athletica Profile

(Free Report)

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.

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Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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