Y Intercept Hong Kong Ltd Decreases Stake in lululemon athletica inc. $LULU

Y Intercept Hong Kong Ltd lowered its stake in lululemon athletica inc. (NASDAQ:LULU) by 32.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 56,626 shares of the apparel retailer’s stock after selling 27,472 shares during the period. Y Intercept Hong Kong Ltd’s holdings in lululemon athletica were worth $8,669,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in LULU. Norges Bank bought a new position in shares of lululemon athletica in the fourth quarter worth approximately $362,598,000. Boston Partners bought a new stake in lululemon athletica during the 4th quarter valued at $304,875,000. Invesco Ltd. boosted its position in lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after buying an additional 490,127 shares during the period. Goldman Sachs Group Inc. boosted its position in lululemon athletica by 77.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock valued at $203,457,000 after buying an additional 426,860 shares during the period. Finally, Contrarius Group Holdings Ltd bought a new stake in lululemon athletica in the 4th quarter worth $86,441,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Wall Street Analysts Forecast Growth

LULU has been the topic of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of lululemon athletica from $173.00 to $149.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Telsey Advisory Group dropped their target price on shares of lululemon athletica from $175.00 to $122.00 and set a “market perform” rating for the company in a report on Friday, June 5th. BTIG Research cut lululemon athletica from a “buy” rating to a “neutral” rating in a research note on Friday, June 5th. Barclays reduced their price target on lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating on the stock in a report on Friday, June 5th. Finally, UBS Group lowered their price target on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a research report on Sunday, June 7th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $152.88.

lululemon athletica Price Performance

NASDAQ:LULU opened at $118.43 on Friday. The firm’s fifty day simple moving average is $123.70 and its 200 day simple moving average is $160.98. The stock has a market cap of $14.05 billion, a P/E ratio of 9.56, a price-to-earnings-growth ratio of 3.81 and a beta of 0.88. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $249.97.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping 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 business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the prior year, the business earned $2.60 EPS. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. 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, analysts expect that lululemon athletica inc. will post 11.14 EPS for the current fiscal year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 622 shares of lululemon athletica stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the sale, the insider directly owned 19,156 shares of the company’s stock, valued at approximately $3,084,116. The trade was a 3.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Charles V. Bergh acquired 4,275 shares of the business’s stock in a transaction on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the transaction, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. This represents a 70.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.54% of the stock is owned by corporate insiders.

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.