lululemon athletica inc. $LULU Shares Sold by Amundi

Key Points

• Amundi has reduced its holdings in lululemon athletica by 6.1%, now owning 625,782 shares worth $177.13 million, following the sale of 40,909 shares in the first quarter.
• Despite Amundi's reduction, other institutional investors, including Vanguard Group and American Century Companies, have increased their positions in lululemon athletica during the same period.
• lululemon reported a quarterly earnings per share (EPS) of $3.10, exceeding analysts' estimates, and provided FY 2025 guidance for EPS between 12.770-12.970.

Amundi cut its position in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 6.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 625,782 shares of the apparel retailer's stock after selling 40,909 shares during the quarter. Amundi owned 0.52% of lululemon athletica worth $177,134,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in LULU. GAMMA Investing LLC boosted its stake in shares of lululemon athletica by 37,062.1% in the first quarter. GAMMA Investing LLC now owns 563,006 shares of the apparel retailer's stock valued at $159,364,000 after purchasing an additional 561,491 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in lululemon athletica by 151.6% during 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 acquiring an additional 464,186 shares during the last quarter. Nuveen LLC bought a new position in lululemon athletica during the 1st quarter valued at $123,894,000. Price T Rowe Associates Inc. MD boosted its stake in lululemon athletica by 3.3% during 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 acquiring an additional 162,295 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its stake in lululemon athletica by 16.6% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer's stock valued at $319,463,000 after acquiring an additional 160,897 shares during the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Calvin Mcdonald sold 27,049 shares of the firm's stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $235.69, for a total value of $6,375,178.81. Following the sale, the chief executive officer directly owned 110,564 shares in the company, valued at $26,058,829.16. This trade represents a 19.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Price Performance

Shares of LULU stock traded down $38.29 during trading hours on Friday, reaching $167.80. The stock had a trading volume of 36,729,936 shares, compared to its average volume of 5,640,420. lululemon athletica inc. has a twelve month low of $163.98 and a twelve month high of $423.32. The firm has a 50-day simple moving average of $212.64 and a 200-day simple moving average of $265.38. The firm has a market capitalization of $20.11 billion, a PE ratio of 11.41, a price-to-earnings-growth ratio of 1.60 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings data 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. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The business had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.55 billion. During the same quarter last year, the company earned $3.15 EPS. The company's revenue for the quarter was up 6.5% compared to the same quarter last year. 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, equities analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have commented on LULU. Sanford C. Bernstein reduced their price objective on shares of lululemon athletica from $350.00 to $220.00 and set an "outperform" rating on the stock in a research note on Friday. UBS Group reduced their target price on lululemon athletica from $240.00 to $185.00 and set a "neutral" rating on the stock in a report on Friday. Telsey Advisory Group reaffirmed a "market perform" rating and set a $200.00 target price (down previously from $360.00) on shares of lululemon athletica in a report on Friday. Robert W. Baird reduced their target price on lululemon athletica from $260.00 to $225.00 and set an "outperform" rating on the stock in a report on Friday. Finally, Stifel Nicolaus reaffirmed a "hold" rating and set a $205.00 target price (down previously from $324.00) on shares of lululemon athletica in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twenty have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $245.79.

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.