3,200 Shares in lululemon athletica inc. $LULU Acquired by U S Global Investors Inc.

Key Points

• U S Global Investors Inc. acquired 3,200 shares of lululemon athletica, valued at approximately $760,000, during the 2nd quarter.
• lululemon reported a quarterly earnings per share of $3.10, exceeding estimates of $2.86, with revenue at $2.53 billion, slightly below consensus projections.
• Institutional investors hold 85.20% of lululemon's stock, indicating strong confidence in the company despite recent stock rating downgrades from several analysts.

U S Global Investors Inc. acquired a new position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,200 shares of the apparel retailer's stock, valued at approximately $760,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Sandler Capital Management acquired a new stake in lululemon athletica during the 1st quarter worth approximately $484,000. Twin Capital Management Inc. raised its holdings in lululemon athletica by 58.3% during the 1st quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer's stock worth $1,041,000 after buying an additional 1,354 shares during the period. Narwhal Capital Management raised its holdings in lululemon athletica by 262.7% during the 1st quarter. Narwhal Capital Management now owns 18,777 shares of the apparel retailer's stock worth $5,315,000 after buying an additional 13,600 shares during the period. Sawgrass Asset Management LLC acquired a new stake in lululemon athletica during the 1st quarter worth approximately $9,209,000. Finally, WealthPlan Investment Management LLC raised its holdings in lululemon athletica by 26.9% during the 1st quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer's stock worth $2,165,000 after buying an additional 1,622 shares during the period. Institutional investors own 85.20% of the company's stock.

lululemon athletica Trading Down 3.4%

Shares of LULU opened at $167.51 on Friday. The company has a market cap of $19.86 billion, a price-to-earnings ratio of 11.39, a PEG ratio of 10.84 and a beta of 1.07. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The company's fifty day simple moving average is $184.28 and its 200 day simple moving average is $236.63.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping analysts' consensus estimates of $2.86 by $0.24. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm's revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the previous year, the company earned $3.15 earnings per share. 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, research analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Nicole Neuburger sold 615 shares of the business's stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

LULU has been the topic of several research analyst reports. 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. Citigroup dropped their target price on shares of lululemon athletica from $220.00 to $190.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. KeyCorp downgraded shares of lululemon athletica from an "overweight" rating to a "sector weight" rating in a report on Tuesday, September 9th. The Goldman Sachs Group dropped their target price on shares of lululemon athletica from $232.00 to $200.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Finally, Truist Financial downgraded shares of lululemon athletica from a "buy" rating to a "hold" rating and set a $170.00 target price on the stock. in a report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twenty-six have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $232.29.

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.

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