Stratos Wealth Partners LTD. Has $288,000 Stock Position in lululemon athletica inc. $LULU

Stratos Wealth Partners LTD. lowered its stake in lululemon athletica inc. (NASDAQ:LULU) by 9.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,212 shares of the apparel retailer’s stock after selling 131 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in lululemon athletica were worth $288,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LULU. Brighton Jones LLC acquired a new position in lululemon athletica during the fourth quarter worth approximately $429,000. GAMMA Investing LLC grew its position in shares of lululemon athletica by 31.3% in the first quarter. GAMMA Investing LLC now owns 1,989 shares of the apparel retailer’s stock valued at $563,000 after purchasing an additional 474 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of lululemon athletica by 22.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,953 shares of the apparel retailer’s stock valued at $2,817,000 after purchasing an additional 1,855 shares during the last quarter. Golden State Wealth Management LLC grew its position in shares of lululemon athletica by 115.1% in the first quarter. Golden State Wealth Management LLC now owns 200 shares of the apparel retailer’s stock valued at $57,000 after purchasing an additional 107 shares during the last quarter. Finally, Perigon Wealth Management LLC grew its position in shares of lululemon athletica by 43.5% in the first quarter. Perigon Wealth Management LLC now owns 805 shares of the apparel retailer’s stock valued at $228,000 after purchasing an additional 244 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Needham & Company LLC reiterated a “hold” rating and issued a $192.00 price target on shares of lululemon athletica in a research note on Thursday, September 25th. Wells Fargo & Company cut their price target on lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating for the company in a research note on Friday, September 5th. Zacks Research cut lululemon athletica from a “hold” rating to a “strong sell” rating in a research note on Monday, September 8th. Baird R W cut lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. Finally, Telsey Advisory Group cut lululemon athletica from an “outperform” rating to a “market perform” rating and cut their price target for the company from $360.00 to $200.00 in a research note on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $228.42.

Insider Activity

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the sale, the insider directly owned 8,993 shares of the company’s stock, valued at $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

LULU stock opened at $178.17 on Friday. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The stock has a market capitalization of $21.13 billion, a PE ratio of 12.11, a price-to-earnings-growth ratio of 11.14 and a beta of 1.07. The company’s 50-day moving average is $179.99 and its 200-day moving average is $228.76.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter last year, the firm earned $3.15 EPS. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. On average, analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

About lululemon athletica

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.