Candriam S.C.A. Purchases 38,575 Shares of lululemon athletica inc. $LULU

Candriam S.C.A. boosted its position in lululemon athletica inc. (NASDAQ:LULU) by 36.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,898 shares of the apparel retailer’s stock after buying an additional 38,575 shares during the quarter. Candriam S.C.A. owned approximately 0.12% of lululemon athletica worth $25,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Cornerstone Planning Group LLC boosted its stake in shares of lululemon athletica by 81.9% in the 3rd 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 stake in lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in lululemon athletica during the second quarter valued at about $30,000. Tradewinds Capital Management LLC boosted its position in lululemon athletica by 18,400.0% during the third quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock valued at $33,000 after buying an additional 184 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of lululemon athletica by 464.0% in the second 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. 85.20% of the stock is currently owned by institutional investors.

Insider Activity at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of the firm’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 sale, the insider owned 5,318 shares of the company’s stock, valued at $1,084,872. This trade represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by insiders.

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $175.68 on Tuesday. The firm has a market capitalization of $20.61 billion, a P/E ratio of 12.17, a P/E/G ratio of 10.92 and a beta of 1.01. The stock has a 50 day moving average price of $196.80 and a 200-day moving average price of $186.50. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $403.21.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.37. The company had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm earned $2.53 earnings per share. 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 analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on LULU shares. Piper Sandler increased their target price on lululemon athletica from $165.00 to $190.00 and gave the company a “neutral” rating in a report on Friday, December 12th. The Goldman Sachs Group increased their price objective on lululemon athletica from $180.00 to $200.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. JPMorgan Chase & Co. raised their target price on shares of lululemon athletica from $203.00 to $209.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Jefferies Financial Group lowered their price target on shares of lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a report on Friday, January 30th. Finally, Robert W. Baird increased their price target on shares of lululemon athletica from $195.00 to $210.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $227.05.

lululemon athletica 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.