Hussman Strategic Advisors Inc. Acquires Shares of 12,600 lululemon athletica inc. $LULU

Hussman Strategic Advisors Inc. bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, Holdings Channel.com reports. The fund bought 12,600 shares of the apparel retailer’s stock, valued at approximately $2,994,000.

Several other hedge funds have also modified their holdings of LULU. N.E.W. Advisory Services LLC acquired a new stake in lululemon athletica in the first quarter valued at $25,000. Cornerstone Planning Group LLC increased its holdings in shares of lululemon athletica by 506.3% in the 1st 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 purchased a new position in shares of lululemon athletica in the 1st quarter valued at about $29,000. Blue Trust Inc. lifted its stake in shares of lululemon athletica by 96.8% in 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. Finally, Trust Co. of Toledo NA OH purchased a new stake in lululemon athletica during the second quarter worth about $30,000. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Stock Performance

lululemon athletica stock opened at $165.47 on Tuesday. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The company has a market capitalization of $19.62 billion, a price-to-earnings ratio of 11.25, a PEG ratio of 10.64 and a beta of 1.07. The stock has a fifty day moving average of $176.55 and a two-hundred day moving average of $224.62.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.24. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business’s revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the business earned $3.15 earnings per share. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. On average, analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Monday, September 8th. Truist Financial lowered lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price target on the stock. in a research note on Friday, September 5th. KeyCorp cut lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. Dbs Bank reduced their price objective on lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. Finally, The Goldman Sachs Group decreased their target price on lululemon athletica from $232.00 to $200.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, lululemon athletica presently has a consensus rating of “Hold” and an average price target of $228.42.

Insider Activity

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider directly owned 8,993 shares of the company’s stock, valued at $1,600,754. This trade represents a 6.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.54% of the stock is owned by corporate insiders.

About lululemon athletica

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.