BI Asset Management Fondsmaeglerselskab A S Has $4.68 Million Stake in lululemon athletica inc. $LULU

BI Asset Management Fondsmaeglerselskab A S decreased its stake in lululemon athletica inc. (NASDAQ:LULU) by 46.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,285 shares of the apparel retailer’s stock after selling 22,637 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in lululemon athletica were worth $4,677,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Geode Capital Management LLC increased its position in lululemon athletica by 16.2% during the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after purchasing an additional 413,062 shares during the period. Flossbach Von Storch SE increased its position in shares of lululemon athletica by 17.7% during the third quarter. Flossbach Von Storch SE now owns 1,930,831 shares of the apparel retailer’s stock worth $343,553,000 after buying an additional 290,614 shares during the period. Invesco Ltd. raised its stake in lululemon athletica by 23.3% during the second quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock worth $406,363,000 after buying an additional 322,816 shares during the last quarter. Mawer Investment Management Ltd. lifted its holdings in lululemon athletica by 2.8% in the second quarter. Mawer Investment Management Ltd. now owns 1,359,440 shares of the apparel retailer’s stock valued at $322,976,000 after buying an additional 36,664 shares during the period. Finally, Franklin Resources Inc. boosted its position in lululemon athletica by 10.3% during the second quarter. Franklin Resources Inc. now owns 1,055,574 shares of the apparel retailer’s stock valued at $250,783,000 after acquiring an additional 98,439 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value 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. This represents a 71.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

lululemon athletica Trading Up 1.6%

Shares of lululemon athletica stock opened at $172.85 on Friday. The company has a market capitalization of $20.28 billion, a P/E ratio of 11.98, a price-to-earnings-growth ratio of 10.75 and a beta of 1.01. The stock has a fifty day simple moving average of $196.94 and a 200 day simple moving average of $187.32. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $414.14.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on LULU shares. BNP Paribas Exane lowered their price objective on lululemon athletica from $230.00 to $206.00 and set a “neutral” rating for the company in a research report on Friday, January 23rd. Stifel Nicolaus restated a “hold” rating and set a $210.00 price target on shares of lululemon athletica in a report on Tuesday, December 30th. Barclays lifted their price objective on shares of lululemon athletica from $180.00 to $189.00 and gave the company an “equal weight” rating in a research note on Friday, December 12th. Evercore increased their target price on shares of lululemon athletica from $180.00 to $215.00 in a research note on Friday, December 12th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $215.00 price target on shares of lululemon athletica in a report on Monday, January 26th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, twenty-nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and an average target price of $227.05.

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.