Insider Selling: lululemon athletica (NASDAQ:LULU) Insider Sells 615 Shares of Stock

lululemon athletica inc. (NASDAQ:LULU) insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the transaction, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

lululemon athletica Trading Up 0.4%

Shares of NASDAQ LULU opened at $178.20 on Friday. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The company has a market cap of $21.13 billion, a PE ratio of 12.11, a P/E/G ratio of 11.10 and a beta of 1.07. The company has a 50-day moving average of $188.52 and a two-hundred day moving average of $243.07.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the previous year, the firm posted $3.15 earnings per share. The company’s revenue was up 6.5% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, equities research analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on LULU shares. Evercore ISI reaffirmed an “in-line” rating and issued a $180.00 target price (down from $265.00) on shares of lululemon athletica in a research note on Friday, September 5th. Baird R W downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. Robert W. Baird reissued a “neutral” rating and set a $195.00 price target (down from $225.00) on shares of lululemon athletica in a research note on Tuesday, September 23rd. Needham & Company LLC reissued a “hold” rating and set a $192.00 price target on shares of lululemon athletica in a research note on Thursday, September 25th. Finally, Hsbc Global Res downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $233.33.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of lululemon athletica by 1.2% in the first quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer’s stock valued at $3,755,337,000 after buying an additional 157,764 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of lululemon athletica by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock valued at $1,418,389,000 after buying an additional 162,295 shares during the period. Alliancebernstein L.P. boosted its holdings in shares of lululemon athletica by 9.0% in the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after buying an additional 394,706 shares during the period. Geode Capital Management LLC boosted its holdings in shares of lululemon athletica by 16.2% in the second quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after buying an additional 413,062 shares during the period. Finally, Invesco Ltd. boosted its holdings in shares of lululemon athletica by 23.3% in the second quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock valued at $406,363,000 after buying an additional 322,816 shares during the period. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Company 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.