Ashton Thomas Private Wealth LLC Increases Stake in lululemon athletica inc. $LULU

Ashton Thomas Private Wealth LLC boosted its stake in lululemon athletica inc. (NASDAQ:LULU) by 266.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,438 shares of the apparel retailer’s stock after buying an additional 8,315 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in lululemon athletica were worth $2,035,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LULU. Cornerstone Planning Group LLC boosted its position in shares of lululemon athletica by 81.9% during the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after purchasing an additional 68 shares in the last quarter. Blue Trust Inc. lifted its position in lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 61 shares during the period. Trust Co. of Toledo NA OH bought a new stake in shares of lululemon athletica during the 2nd quarter valued at $30,000. Tradewinds Capital Management LLC grew its position in shares of lululemon athletica by 18,400.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock worth $33,000 after buying an additional 184 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. grew its position in shares of lululemon athletica by 464.0% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock worth $34,000 after buying an additional 116 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on LULU shares. Stifel Nicolaus reissued a “hold” rating and set a $210.00 price target on shares of lululemon athletica in a research report on Tuesday, December 30th. BTIG Research reiterated a “buy” rating on shares of lululemon athletica in a report on Thursday, January 22nd. Barclays boosted their price target on lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Friday, December 12th. Guggenheim started coverage on lululemon athletica in a research report on Wednesday, December 10th. They set a “neutral” rating for the company. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $227.05.

lululemon athletica Trading Down 4.4%

lululemon athletica stock opened at $170.09 on Friday. The firm has a market cap of $19.95 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 11.25 and a beta of 1.01. The stock has a fifty day simple moving average of $197.18 and a two-hundred day simple moving average of $187.67. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $417.11.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.48 billion. During the same period in the prior year, the company posted $2.53 earnings per share. The company’s quarterly revenue 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, equities research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the transaction, the insider directly owned 5,318 shares of the company’s stock, valued at $1,084,872. The trade was a 71.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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.