Prospera Financial Services Inc Acquires 10,202 Shares of lululemon athletica inc. $LULU

Prospera Financial Services Inc lifted its holdings in lululemon athletica inc. (NASDAQ:LULU) by 1,148.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,090 shares of the apparel retailer’s stock after purchasing an additional 10,202 shares during the period. Prospera Financial Services Inc’s holdings in lululemon athletica were worth $2,635,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. N.E.W. Advisory Services LLC bought a new position in lululemon athletica during the first quarter valued at about $25,000. Flaharty Asset Management LLC acquired a new position in shares of lululemon athletica during the 1st quarter valued at about $29,000. Blue Trust Inc. raised its stake in shares of lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 61 shares in the last quarter. Trust Co. of Toledo NA OH bought a new position in shares of lululemon athletica in the 2nd quarter valued at approximately $30,000. Finally, Zions Bancorporation National Association UT acquired a new stake in lululemon athletica in the 1st quarter worth approximately $31,000. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $170.35 on Tuesday. The firm has a fifty day moving average price of $172.77 and a two-hundred day moving average price of $221.28. 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 cap of $20.20 billion, a PE ratio of 11.58, a price-to-earnings-growth ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating 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 business had revenue of $2.53 billion during the quarter, compared to analyst estimates 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. Analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

LULU has been the topic of several analyst reports. Telsey Advisory Group downgraded lululemon athletica from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $360.00 to $200.00 in a report on Monday, September 15th. Piper Sandler decreased their price objective on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating for the company in a report on Friday, September 5th. JPMorgan Chase & Co. dropped their target price on shares of lululemon athletica from $224.00 to $191.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Truist Financial lowered shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 target price for the company. in a research report on Friday, September 5th. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $180.00 price target (down from $265.00) on shares of lululemon athletica in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $228.42.

Insider Activity at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the sale, the insider owned 8,993 shares in the company, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.54% of the company’s stock.

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.