Davis Investment Partners LLC Purchases New Shares in lululemon athletica inc. $LULU

Davis Investment Partners LLC purchased a new position in shares of lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 2,062 shares of the apparel retailer’s stock, valued at approximately $505,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC acquired a new position in shares of lululemon athletica during the first quarter worth approximately $25,000. Cornerstone Planning Group LLC increased its holdings in shares of lululemon athletica by 506.3% in the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock valued at $26,000 after purchasing an additional 81 shares in the last quarter. Flaharty Asset Management LLC bought a new position in lululemon athletica in the 1st quarter worth approximately $29,000. Zions Bancorporation National Association UT acquired a new position in lululemon athletica during the 1st quarter worth $31,000. Finally, Garde Capital Inc. bought a new position in lululemon athletica in the 1st quarter valued at $35,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Insiders Place Their Bets

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the business’s stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $235.69, for a total value of $6,375,178.81. Following the completion of the transaction, the chief executive officer directly owned 110,564 shares of the company’s stock, valued at approximately $26,058,829.16. The trade was a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $159.87 on Monday. lululemon athletica inc. has a 52-week low of $159.75 and a 52-week high of $423.32. The stock has a market cap of $18.96 billion, a P/E ratio of 10.87, a P/E/G ratio of 6.59 and a beta of 1.12. The firm has a 50 day moving average price of $204.62 and a 200 day moving average price of $257.70.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period last year, the business posted $3.15 earnings per share. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on LULU. Oppenheimer restated a “market perform” rating and set a $500.00 target price on shares of lululemon athletica in a research report on Friday, September 5th. Telsey Advisory Group restated a “market perform” rating and set a $200.00 target price (down from $360.00) on shares of lululemon athletica in a research report on Friday, September 5th. Wells Fargo & Company reduced their target price on shares of lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Friday, September 5th. Zacks Research downgraded shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research note on Monday, September 8th. Finally, KeyCorp lowered shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, twenty-three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, lululemon athletica has a consensus rating of “Hold” and a consensus price target of $242.24.

lululemon athletica Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.