Ameritas Advisory Services LLC Sells 3,901 Shares of lululemon athletica inc. $LULU

Key Points

• Ameritas Advisory Services LLC has reduced its holdings in lululemon athletica by 49.6%, selling 3,901 shares during the second quarter, now owning 3,956 shares worth approximately $940,000.
• In its recent earnings report, lululemon athletica posted $3.10 earnings per share, exceeding analysts' expectations, while its quarterly revenue increased by 6.5% year-over-year.
• Analysts have recently adjusted their ratings on lululemon, with Citigroup lowering its price target from $220 to $190 and several firms changing their ratings from "buy" to "hold" or even "sell."

Ameritas Advisory Services LLC cut its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 49.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,956 shares of the apparel retailer's stock after selling 3,901 shares during the period. Ameritas Advisory Services LLC's holdings in lululemon athletica were worth $940,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Hilltop National Bank acquired a new position in lululemon athletica in the second quarter valued at approximately $876,000. J. Safra Sarasin Holding AG increased its stake in shares of lululemon athletica by 92.5% in the 2nd quarter. J. Safra Sarasin Holding AG now owns 6,105 shares of the apparel retailer's stock valued at $1,450,000 after acquiring an additional 2,934 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of lululemon athletica by 54.8% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 251,874 shares of the apparel retailer's stock valued at $59,840,000 after acquiring an additional 89,182 shares during the period. Generali Investments CEE investicni spolecnost a.s. lifted its position in shares of lululemon athletica by 35.6% during the 2nd quarter. Generali Investments CEE investicni spolecnost a.s. now owns 8,179 shares of the apparel retailer's stock valued at $1,943,000 after acquiring an additional 2,149 shares during the period. Finally, GC Wealth Management RIA LLC bought a new position in lululemon athletica during the second quarter worth $200,000. Institutional investors own 85.20% of the company's stock.

lululemon athletica Stock Performance

LULU opened at $175.59 on Monday. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The firm has a 50-day moving average of $187.64 and a 200 day moving average of $240.86. The firm has a market cap of $20.82 billion, a P/E ratio of 11.94, a PEG ratio of 10.98 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its 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. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.55 billion. During the same period in the previous year, the company earned $3.15 earnings per share. The company's quarterly revenue 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. Equities research analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LULU. Baird R W lowered shares of lululemon athletica from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 23rd. BTIG Research dropped their price target on lululemon athletica from $375.00 to $303.00 and set a "buy" rating on the stock in a research note on Friday, September 5th. Zacks Research lowered lululemon athletica from a "hold" rating to a "strong sell" rating in a report on Monday, September 8th. William Blair cut lululemon athletica from an "outperform" rating to a "market perform" rating in a research note on Friday, September 5th. Finally, Citigroup lowered their target price on lululemon athletica from $220.00 to $190.00 and set a "neutral" rating on the stock in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $233.33.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the firm's stock in a transaction 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 of the company's stock, valued at $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.54% of the company's stock.

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.

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