FORA Capital LLC Sells 11,037 Shares of lululemon athletica inc. $LULU

FORA Capital LLC cut its stake in lululemon athletica inc. (NASDAQ:LULU) by 50.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,839 shares of the apparel retailer’s stock after selling 11,037 shares during the quarter. FORA Capital LLC’s holdings in lululemon athletica were worth $2,575,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in LULU. Winslow Asset Management Inc. boosted its holdings in lululemon athletica by 2.4% in the second quarter. Winslow Asset Management Inc. now owns 49,937 shares of the apparel retailer’s stock worth $11,864,000 after purchasing an additional 1,168 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in shares of lululemon athletica by 51.1% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 189,419 shares of the apparel retailer’s stock valued at $45,046,000 after buying an additional 64,087 shares during the period. MUFG Securities EMEA plc purchased a new position in shares of lululemon athletica in the 2nd quarter worth $78,000. Rakuten Securities Inc. grew its holdings in shares of lululemon athletica by 60.4% in the second quarter. Rakuten Securities Inc. now owns 935 shares of the apparel retailer’s stock worth $222,000 after acquiring an additional 352 shares during the period. Finally, Captrust Financial Advisors increased its position in lululemon athletica by 1.6% during the second quarter. Captrust Financial Advisors now owns 11,924 shares of the apparel retailer’s stock valued at $2,833,000 after acquiring an additional 193 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $204.97 on Friday. The firm has a fifty day moving average price of $174.48 and a 200-day moving average price of $201.93. The stock has a market cap of $24.31 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 12.81 and a beta of 1.01. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 40.17%. The company had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter in the previous year, the company earned $2.53 EPS. lululemon athletica’s revenue for the quarter was up 7.1% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. On average, research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Buying and Selling at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the sale, the insider owned 8,993 shares in the company, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on LULU. Dbs Bank dropped their target price on lululemon athletica from $165.00 to $134.00 in a research report on Friday, September 19th. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. Bank of America upped their target price on shares of lululemon athletica from $185.00 to $220.00 and gave the company a “neutral” rating in a report on Friday. Stifel Nicolaus increased their price target on shares of lululemon athletica from $205.00 to $210.00 and gave the stock a “hold” rating in a research report on Friday. Finally, Hsbc Global Res downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-one have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, lululemon athletica currently has an average rating of “Hold” and an average price target of $227.95.

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.