Bank OZK Cuts Holdings in lululemon athletica inc. $LULU

Bank OZK lessened its stake in lululemon athletica inc. (NASDAQ:LULU) by 53.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,981 shares of the apparel retailer’s stock after selling 3,396 shares during the quarter. Bank OZK’s holdings in lululemon athletica were worth $530,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in LULU. Migdal Insurance & Financial Holdings Ltd. raised its holdings in lululemon athletica by 464.0% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock valued at $34,000 after acquiring an additional 116 shares in the last quarter. Cornerstone Planning Group LLC grew its holdings in lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after acquiring an additional 68 shares in the last quarter. Murphy & Mullick Capital Management Corp increased its position in shares of lululemon athletica by 187.5% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock valued at $27,000 after purchasing an additional 105 shares during the last quarter. Tradewinds Capital Management LLC increased 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 valued at $33,000 after purchasing an additional 184 shares during the last quarter. Finally, Golden State Wealth Management LLC raised its holdings in shares of lululemon athletica by 129.4% in the 3rd quarter. Golden State Wealth Management LLC now owns 195 shares of the apparel retailer’s stock valued at $35,000 after purchasing an additional 110 shares in the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of lululemon athletica 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 directly owned 5,318 shares in the company, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

LULU has been the subject of a number of analyst reports. Barclays boosted their target price on shares of lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Friday, December 12th. Weiss Ratings raised lululemon athletica from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 5th. Jefferies Financial Group lowered their price objective on lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a research report on Friday, January 30th. Citigroup increased their price objective on lululemon athletica from $190.00 to $210.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $210.00 target price on shares of lululemon athletica in a research report on Tuesday, December 30th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, lululemon athletica presently has an average rating of “Hold” and a consensus price target of $223.40.

Key lululemon athletica News

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Product and brand strength highlighted in lifestyle coverage supports demand resilience for lululemon’s core apparel and technical leggings, reinforcing the company’s premium positioning. I work out daily—Lululemon, Brooks, Vuori and more keep me cool and comfortable while in motion
• Positive Sentiment: Coverage that includes LULU among “cash-producing” stocks underscores the company’s ability to generate cash, a plus for flexibility on buybacks, investment or weathering slower comps. 3 Cash-Producing Stocks to Research Further
• Neutral Sentiment: Quarterly outlook and estimate roundups (Wall Street metrics for Q4/FY) provide detail investors will watch for signs of margin recovery, wholesale trends and Outerknown/men’s/growth initiatives; these are informational but could move the stock when compared to company guidance. Unveiling Lululemon (LULU) Q4 Outlook: Wall Street Estimates for Key Metrics
• Negative Sentiment: Founder Chip Wilson publicly urged CEO candidates to beware an “unfit” board and called for board refreshment, escalating governance concerns during the CEO search; as a large shareholder, his comments raise investor uncertainty about leadership, strategy continuity and potential proxy tensions. Chip Wilson to lululemon CEO Candidates: Beware a Board Unfit to Support Visionary Leadership
• Negative Sentiment: Telsey Advisory Group assigned a Market Perform rating, which signals tepid near-term expectations from a sell-side perspective and can weigh on sentiment until clearer evidence of top-line acceleration or margin improvement appears. lululemon athletica (NASDAQ:LULU) Earns Market Perform Rating from Telsey Advisory Group

lululemon athletica Stock Down 0.3%

Shares of LULU opened at $157.78 on Friday. The company has a 50-day simple moving average of $184.18 and a 200-day simple moving average of $182.53. The company has a market capitalization of $18.51 billion, a PE ratio of 10.93, a P/E/G ratio of 9.96 and a beta of 1.00. lululemon athletica inc. has a 52-week low of $156.64 and a 52-week high of $348.50.

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

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.