Spartan Wealth Advisory Services LLC bought a new stake in lululemon athletica inc. (NASDAQ:LULU – Free Report) during the first quarter, Holdings Channel reports. The firm bought 7,657 shares of the apparel retailer’s stock, valued at approximately $1,172,000.
Other institutional investors have also recently bought and sold shares of the company. NorthRock Partners LLC lifted its position in lululemon athletica by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock worth $276,000 after acquiring an additional 62 shares during the last quarter. Murphy & Mullick Capital Management Corp grew its position in shares of lululemon athletica by 4.3% in the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock valued at $242,000 after purchasing an additional 65 shares during the last quarter. IHT Wealth Management LLC grew its position in shares of lululemon athletica by 1.7% in the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after purchasing an additional 73 shares during the last quarter. Capital Advisors Ltd. LLC increased its stake in shares of lululemon athletica by 27.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 363 shares of the apparel retailer’s stock worth $75,000 after purchasing an additional 78 shares during the period. Finally, GW&K Investment Management LLC increased its stake in shares of lululemon athletica by 70.3% in the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock worth $39,000 after purchasing an additional 78 shares during the period. Institutional investors own 85.20% of the company’s stock.
lululemon athletica Price Performance
lululemon athletica stock opened at $116.33 on Monday. The business has a 50 day simple moving average of $119.56 and a 200 day simple moving average of $154.06. The company has a market capitalization of $13.80 billion, a PE ratio of 9.39, a price-to-earnings-growth ratio of 3.81 and a beta of 0.88. lululemon athletica inc. has a one year low of $104.44 and a one year high of $233.00.
Wall Street Analysts Forecast Growth
LULU has been the subject of several recent analyst reports. Telsey Advisory Group decreased their target price on lululemon athletica from $175.00 to $122.00 and set a “market perform” rating for the company in a research note on Friday, June 5th. The Goldman Sachs Group dropped their price target on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Robert W. Baird cut their price target on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Barclays reduced their price objective on lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have issued a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $148.54.
Check Out Our Latest Research Report on LULU
Insider Buying and Selling at lululemon athletica
In other news, Director Charles V. Bergh bought 4,275 shares of the stock in a transaction dated Monday, June 15th. The shares were acquired at an average price of $117.05 per share, with a total value of $500,388.75. Following the acquisition, the director owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.54% of the company’s stock.
lululemon athletica News Summary
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: Lululemon continues to expand its supply-chain footprint, opening a new distribution center in Ontario/Brampton and highlighting ongoing logistics investment that could support growth and inventory efficiency. EXEC: Lululemon Opens Massive Distribution Center in Ontario
- Positive Sentiment: The company also backed French recycling startup Syntetica in a $30 million Series A round, reinforcing its sustainability push and brand positioning with consumers and investors. Lululemon backs nylon recycling startup Syntetica in $30M Series A
- Neutral Sentiment: Separately, coverage noted Lululemon outperformed the broader market in the latest session, but this was mostly a market-relative move rather than a new company-specific catalyst. Lululemon (LULU) Ascends While Market Falls: Some Facts to Note
- Negative Sentiment: Truist downgraded lululemon athletica inc. (NASDAQ: LULU) to Sell from Hold and cut its price target to $94 from $115, citing structural headwinds, weakening card spending, softer brand momentum, and rising competition. Truist cuts Lululemon to sell, sees structural headwinds and nearly 20% downside
lululemon athletica Company Profile
lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.
Products are developed in-house and produced through a network of third-party manufacturers.
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