Vise Technologies Inc. Makes New Investment in lululemon athletica inc. $LULU

Vise Technologies Inc. bought a new stake in lululemon athletica inc. (NASDAQ:LULU) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,271 shares of the apparel retailer’s stock, valued at approximately $539,000.

A number of other institutional investors have also modified their holdings of the stock. T. Rowe Price Investment Management Inc. increased its stake in shares of lululemon athletica by 151.6% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock valued at $218,052,000 after purchasing an additional 464,186 shares in the last quarter. Nuveen LLC purchased a new position in lululemon athletica in the 1st quarter valued at $123,894,000. Alliancebernstein L.P. boosted its position in lululemon athletica by 9.0% during the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after acquiring an additional 394,706 shares during the last quarter. Flossbach Von Storch SE boosted its holdings in shares of lululemon athletica by 17.0% during the 2nd quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer’s stock worth $389,683,000 after purchasing an additional 238,332 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in lululemon athletica by 3.3% in the 1st 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 in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of lululemon athletica in a report on Wednesday, October 8th. Evercore ISI reaffirmed an “in-line” rating and set a $180.00 price target (down from $265.00) on shares of lululemon athletica in a report on Friday, September 5th. UBS Group dropped their target price 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. Hsbc Global Res cut lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 11th. Finally, Oppenheimer reissued a “market perform” rating and set a $500.00 price target on shares of lululemon athletica in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirty have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $228.42.

Insider Transactions at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the business’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 directly owned 8,993 shares in the company, valued at approximately $1,600,754. The trade was 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 this hyperlink. 0.54% of the stock is owned by corporate insiders.

lululemon athletica Stock Up 0.6%

Shares of NASDAQ:LULU opened at $170.68 on Friday. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32. The business has a fifty day simple moving average of $170.94 and a 200-day simple moving average of $219.21. The company has a market cap of $20.24 billion, a P/E ratio of 11.60, a P/E/G ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last 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. Sell-side analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

lululemon athletica 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.