Versor Investments LP Raises Position in lululemon athletica inc. $LULU

Versor Investments LP raised its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 71.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,912 shares of the apparel retailer’s stock after buying an additional 3,284 shares during the period. Versor Investments LP’s holdings in lululemon athletica were worth $1,408,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of LULU. Cornerstone Planning Group LLC increased its stake in lululemon athletica by 81.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after purchasing an additional 68 shares during the period. Blue Trust Inc. boosted its stake in shares of 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 purchasing an additional 61 shares during the period. Trust Co. of Toledo NA OH bought a new position in shares of lululemon athletica in the second quarter worth approximately $30,000. Tradewinds Capital Management LLC increased its stake in shares of lululemon athletica by 18,400.0% in the third 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. raised its holdings in lululemon athletica by 464.0% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 116 shares during the last quarter. 85.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

LULU has been the topic of a number of recent analyst reports. Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price target on the stock. in a report on Thursday, October 16th. Zacks Research upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. boosted their price target on lululemon athletica from $203.00 to $209.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft initiated coverage on lululemon athletica in a report on Thursday, January 8th. They issued a “hold” rating for the company. Finally, Barclays boosted their target price on lululemon athletica from $180.00 to $189.00 and gave the company an “equal weight” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $227.05.

Insider Activity at lululemon athletica

In related 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 sale, the insider owned 5,318 shares in the company, valued at $1,084,872. This represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by company insiders.

lululemon athletica Price Performance

Shares of LULU stock opened at $175.68 on Tuesday. lululemon athletica inc. has a one year low of $159.25 and a one year high of $403.21. The company’s fifty day moving average price is $196.80 and its 200-day moving average price is $186.50. The company has a market capitalization of $20.61 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 10.92 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last announced 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 net margin of 15.72% and a return on equity of 39.78%. lululemon athletica’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. Equities research analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

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.