lululemon athletica (NASDAQ:LULU) Director Acquires $500,388.75 in Stock

lululemon athletica inc. (NASDAQ:LULU) Director Charles Bergh purchased 4,275 shares of the stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

lululemon athletica Trading Down 0.6%

Shares of NASDAQ LULU traded down $0.71 during midday trading on Tuesday, hitting $115.50. The company’s stock had a trading volume of 2,599,935 shares, compared to its average volume of 3,104,637. The stock has a fifty day moving average price of $137.27 and a 200 day moving average price of $167.92. lululemon athletica inc. has a one year low of $109.36 and a one year high of $252.24. The firm has a market capitalization of $13.71 billion, a price-to-earnings ratio of 9.32, a P/E/G ratio of 3.78 and a beta of 0.88.

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, beating the consensus estimate of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the previous year, the firm posted $2.60 earnings per share. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. 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 11.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On lululemon athletica

A number of large investors have recently bought and sold shares of LULU. Brighton Jones LLC purchased a new stake in lululemon athletica during the 4th quarter valued at $429,000. NewEdge Advisors LLC boosted its holdings in shares of lululemon athletica by 5.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock valued at $1,089,000 after acquiring an additional 186 shares during the last quarter. Glenview Trust co boosted its holdings in shares of lululemon athletica by 39.9% in the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock worth $237,000 after buying an additional 284 shares during the last quarter. Diversify Advisory Services LLC purchased a new position in shares of lululemon athletica in the second quarter worth approximately $508,000. Finally, Raymond James Financial Inc. raised its stake in lululemon athletica by 10.7% during the 2nd quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after acquiring an additional 10,891 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on LULU shares. Sanford C. Bernstein lowered their price target on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Wells Fargo & Company reduced their price objective on shares of lululemon athletica from $150.00 to $110.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. Daiwa Securities Group reduced their price objective on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Weiss Ratings cut shares of lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 31st. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-six have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $152.88.

lululemon athletica Company Profile

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.