lululemon athletica inc. $LULU Shares Sold by American Century Companies Inc.

American Century Companies Inc. trimmed its stake in lululemon athletica inc. (NASDAQ:LULUFree Report) by 7.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,203,680 shares of the apparel retailer’s stock after selling 97,337 shares during the quarter. American Century Companies Inc. owned approximately 1.00% of lululemon athletica worth $285,970,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. N.E.W. Advisory Services LLC acquired a new stake in shares of lululemon athletica during the first quarter valued at approximately $25,000. Flaharty Asset Management LLC acquired a new stake in lululemon athletica during the 1st quarter valued at $29,000. Blue Trust Inc. lifted its holdings in shares of lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 61 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of lululemon athletica in the second quarter valued at $30,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of lululemon athletica in the first quarter worth $31,000. 85.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at lululemon athletica

In other 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 in the company, valued at approximately $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Price Performance

Shares of NASDAQ:LULU opened at $168.18 on Friday. The stock has a market capitalization of $19.94 billion, a P/E ratio of 11.43, a P/E/G ratio of 10.64 and a beta of 1.07. The business has a 50-day moving average of $171.01 and a two-hundred day moving average of $215.07. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32.

lululemon athletica (NASDAQ:LULUGet Free Report) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the prior year, the firm posted $3.15 EPS. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on LULU shares. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Evercore ISI reaffirmed an “in-line” rating and set a $180.00 target price (down previously from $265.00) on shares of lululemon athletica in a research note on Friday, September 5th. Hsbc Global Res lowered shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. Telsey Advisory Group cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $360.00 to $200.00 in a report on Monday, September 15th. Finally, Wells Fargo & Company dropped their price objective on shares of lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirty have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $227.68.

Read Our Latest Report on LULU

lululemon athletica Company Profile

(Free Report)

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.

Further Reading

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

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