Prime Capital Investment Advisors LLC Has $6.27 Million Stock Holdings in lululemon athletica inc. $LULU

Prime Capital Investment Advisors LLC reduced its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 10.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,386 shares of the apparel retailer’s stock after selling 3,001 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in lululemon athletica were worth $6,269,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC bought a new position in shares of lululemon athletica in the 1st quarter worth $25,000. Cornerstone Planning Group LLC lifted its stake in 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 buying an additional 81 shares during the period. Flaharty Asset Management LLC acquired a new position in lululemon athletica in the first quarter valued at about $29,000. Zions Bancorporation National Association UT bought a new position in lululemon athletica during the first quarter worth about $31,000. Finally, Garde Capital Inc. acquired a new position in shares of lululemon athletica during the 1st quarter worth about $35,000. Institutional investors own 85.20% of the company’s stock.

Wall Street Analysts Forecast Growth

LULU has been the subject of a number of recent analyst reports. The Goldman Sachs Group lowered their price objective on shares of lululemon athletica from $232.00 to $200.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. Citigroup lowered their price target on lululemon athletica from $220.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Morgan Stanley cut their price objective on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 30th. Sanford C. Bernstein decreased their price objective on lululemon athletica from $350.00 to $220.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Finally, Evercore ISI restated an “in-line” rating and set a $180.00 target price (down from $265.00) on shares of lululemon athletica in a report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and an average target price of $232.29.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction on 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 sale, the insider directly owned 8,993 shares in the company, valued at $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.54% of the company’s stock.

lululemon athletica Trading Down 0.8%

LULU stock opened at $174.12 on Tuesday. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The business’s 50 day simple moving average is $186.79 and its 200 day simple moving average is $239.82. The firm has a market capitalization of $20.65 billion, a PE ratio of 11.84, a PEG ratio of 10.98 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the prior year, the business earned $3.15 earnings per share. The firm’s revenue for the quarter 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, sell-side analysts predict that lululemon athletica inc. will post 14.36 EPS 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.