Hantz Financial Services Inc. reduced its holdings in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 96.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 709 shares of the apparel retailer’s stock after selling 19,782 shares during the period. Hantz Financial Services Inc.’s holdings in lululemon athletica were worth $126,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in lululemon athletica in the fourth quarter valued at approximately $429,000. NewEdge Advisors LLC grew its position in shares of lululemon athletica by 5.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after buying an additional 186 shares during the period. Callan Family Office LLC bought a new stake in shares of lululemon athletica in the 2nd quarter valued at $289,000. IFP Advisors Inc lifted its position in shares of lululemon athletica by 62.0% during the 2nd quarter. IFP Advisors Inc now owns 1,144 shares of the apparel retailer’s stock valued at $272,000 after acquiring an additional 438 shares during the period. Finally, Blue Trust Inc. boosted its stake in lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after acquiring an additional 61 shares in the last quarter. 85.20% of the stock is owned by institutional investors and hedge funds.
lululemon athletica Stock Performance
lululemon athletica stock opened at $180.62 on Wednesday. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $403.21. The firm’s 50-day simple moving average is $196.77 and its 200 day simple moving average is $186.22. The stock has a market cap of $21.19 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 11.10 and a beta of 1.01.
Wall Street Analysts Forecast Growth
LULU has been the subject of several research analyst reports. Stifel Nicolaus reaffirmed a “hold” rating and issued a $210.00 price target on shares of lululemon athletica in a research note on Tuesday, December 30th. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Telsey Advisory Group reiterated a “market perform” rating and issued a $215.00 price target on shares of lululemon athletica in a report on Monday, January 26th. Jefferies Financial Group decreased their price objective on lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a report on Friday, January 30th. Finally, Evercore upped their target price on lululemon athletica from $180.00 to $215.00 in a research report on Friday, December 12th. Two 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. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $227.05.
Get Our Latest Research Report on lululemon athletica
Insider Buying and Selling at lululemon athletica
In other 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 in the company, valued at $1,084,872. This trade represents a 71.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by corporate insiders.
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.
Read More
- Five stocks we like better than lululemon athletica
- Nvidia CEO Issues Bold Tesla Call
- Your Bank Account Is No Longer Safe
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- The day the gold market broke
Receive News & Ratings for lululemon athletica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for lululemon athletica and related companies with MarketBeat.com's FREE daily email newsletter.
