Live Oak Private Wealth LLC Cuts Stake in lululemon athletica inc. $LULU

Live Oak Private Wealth LLC lowered its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 0.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,520 shares of the apparel retailer’s stock after selling 107 shares during the period. Live Oak Private Wealth LLC’s holdings in lululemon athletica were worth $3,450,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new stake in shares of lululemon athletica during the first quarter worth about $25,000. Cornerstone Planning Group LLC boosted its position in lululemon athletica by 506.3% during the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock worth $26,000 after acquiring an additional 81 shares during the last quarter. Flaharty Asset Management LLC acquired a new position in lululemon athletica during the first quarter worth about $29,000. Zions Bancorporation National Association UT acquired a new position in lululemon athletica during the first quarter worth about $31,000. Finally, Blue Trust Inc. boosted its position 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 during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LULU. Hsbc Global Res lowered shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. Baird R W lowered shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Stifel Nicolaus restated a “hold” rating and set a $205.00 price target (down from $324.00) on shares of lululemon athletica in a research report on Friday, September 5th. Morgan Stanley lowered their price target on shares of lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 30th. Finally, UBS Group lowered their price target on shares of lululemon athletica from $240.00 to $185.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and an average target price of $228.42.

Insider Activity

In other news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the sale, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

NASDAQ:LULU opened at $170.30 on Thursday. The firm has a market capitalization of $20.19 billion, a price-to-earnings ratio of 11.58, a PEG ratio of 11.25 and a beta of 1.07. The company’s 50-day moving average is $178.64 and its two-hundred day moving average is $226.63. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32.

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, beating the consensus estimate of $2.86 by $0.24. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. lululemon athletica’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $3.15 EPS. 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 analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

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.