Atria Investments Inc Has $480,000 Stock Holdings in lululemon athletica inc. $LULU

Atria Investments Inc trimmed its holdings in lululemon athletica inc. (NASDAQ:LULU) by 57.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,021 shares of the apparel retailer’s stock after selling 2,707 shares during the quarter. Atria Investments Inc’s holdings in lululemon athletica were worth $480,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in LULU. T. Rowe Price Investment Management Inc. raised its stake in shares of lululemon athletica by 151.6% in the first quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock worth $218,052,000 after acquiring an additional 464,186 shares during the last quarter. Nuveen LLC bought a new stake in shares of lululemon athletica during the first quarter valued at approximately $123,894,000. Alliancebernstein L.P. increased its holdings in shares of lululemon athletica by 9.0% in the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after purchasing an additional 394,706 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in lululemon athletica by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock worth $1,418,389,000 after purchasing an additional 162,295 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. raised its position in lululemon athletica by 16.6% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer’s stock worth $319,463,000 after purchasing an additional 160,897 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

LULU has been the topic of a number of recent research reports. Stifel Nicolaus reiterated a “hold” rating and issued a $205.00 price objective (down from $324.00) on shares of lululemon athletica in a research report on Friday, September 5th. HSBC cut lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price target on the stock. in a report on Thursday, September 11th. Morgan Stanley dropped their price objective on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating for the company in a report on Tuesday, September 30th. TD Securities cut their target price on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating on the stock in a research report on Friday, September 5th. Finally, William Blair cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a research report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $228.42.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider directly owned 8,993 shares in the company, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.54% of the company’s stock.

lululemon athletica Trading Up 2.5%

Shares of lululemon athletica stock opened at $170.35 on Tuesday. The stock’s fifty day simple moving average is $172.77 and its 200 day simple moving average is $221.28. The company has a market capitalization of $20.20 billion, a PE ratio of 11.58, a PEG ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32.

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