Alpha Wealth Funds LLC Makes New Investment in lululemon athletica inc. $LULU

Key Points

• Alpha Wealth Funds LLC invested approximately $470,000 in lululemon athletica, acquiring 2,000 shares, which represents about 0.4% of their investment portfolio.
• Insider Nicole Neuburger sold 615 shares of lululemon athletica, reducing her holdings by 6.4% and retaining a stake valued at roughly $1.6 million.
• The stock currently has a consensus price target of $231.26, with a majority of analysts rating it as a "Hold."

Alpha Wealth Funds LLC purchased a new position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,000 shares of the apparel retailer's stock, valued at approximately $470,000. lululemon athletica accounts for about 0.4% of Alpha Wealth Funds LLC's investment portfolio, making the stock its 29th largest position.

A number of other large investors also recently bought and sold shares of LULU. Brighton Jones LLC purchased a new position in lululemon athletica during the fourth quarter worth approximately $429,000. GAMMA Investing LLC raised its stake in lululemon athletica by 31.3% during the first quarter. GAMMA Investing LLC now owns 1,989 shares of the apparel retailer's stock worth $563,000 after purchasing an additional 474 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in lululemon athletica by 22.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,953 shares of the apparel retailer's stock worth $2,817,000 after purchasing an additional 1,855 shares during the period. Sagespring Wealth Partners LLC acquired a new stake in shares of lululemon athletica in the first quarter worth $222,000. Finally, CENTRAL TRUST Co increased its position in shares of lululemon athletica by 154.9% in the first quarter. CENTRAL TRUST Co now owns 130 shares of the apparel retailer's stock worth $37,000 after acquiring an additional 79 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company's stock.

Wall Street Analysts Forecast Growth

LULU has been the subject of several recent research reports. Oppenheimer reissued a "market perform" rating and issued a $500.00 price objective on shares of lululemon athletica in a research report on Friday, September 5th. TD Securities dropped their price objective on shares of lululemon athletica from $298.00 to $220.00 and set a "buy" rating for the company in a research 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 price objective for the company. in a research report on Friday, September 5th. Needham & Company LLC reissued a "hold" rating and issued a $192.00 price objective on shares of lululemon athletica in a research report on Thursday, September 25th. Finally, Piper Sandler dropped their price objective on shares of lululemon athletica from $200.00 to $165.00 and set a "neutral" rating for the company in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twenty-seven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $231.26.

Insider Buying and Selling at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the business's stock in a transaction dated Tuesday, September 30th. The shares were 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 of the company's stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.54% of the company's stock.

lululemon athletica Trading Up 1.7%

LULU opened at $167.41 on Friday. The company has a fifty day simple moving average of $181.67 and a 200 day simple moving average of $231.47. The firm has a market cap of $19.85 billion, a price-to-earnings ratio of 11.38, a PEG ratio of 10.46 and a beta of 1.07. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $423.32.

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

lululemon athletica Company 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.

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