Aware Super Pty Ltd as trustee of Aware Super Sells 32,953 Shares of lululemon athletica inc. $LULU

Key Points

• Aware Super Pty Ltd reduced its stake in lululemon athletica by 30.7%, selling 32,953 shares during the 2nd quarter, bringing its total ownership to 74,559 shares valued at approximately $17.7 million.
• Notable institutional investors like T. Rowe Price and Nuveen LLC have increased their holdings in lululemon, demonstrating strong interest from large financial entities.
• Recent analyst reports reflect a shift in sentiment, with multiple firms lowering their price targets and ratings for lululemon athletica, highlighting a more cautious outlook on the stock.

Aware Super Pty Ltd as trustee of Aware Super reduced its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 30.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 74,559 shares of the apparel retailer's stock after selling 32,953 shares during the period. Aware Super Pty Ltd as trustee of Aware Super owned 0.06% of lululemon athletica worth $17,714,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. boosted its position in lululemon athletica by 151.6% during the first 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 during the last quarter. Nuveen LLC acquired a new position in shares of lululemon athletica during the 1st quarter worth approximately $123,894,000. Alliancebernstein L.P. raised its stake in shares of lululemon athletica by 9.0% during the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer's stock worth $1,356,507,000 after purchasing an additional 394,706 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of 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 during the last quarter. Finally, Diamond Hill Capital Management Inc. grew its stake in shares of lululemon athletica by 16.6% in the first quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer's stock valued at $319,463,000 after buying an additional 160,897 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the transaction, the insider owned 8,993 shares in the company, valued at $1,600,754. This trade represents a 6.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Hsbc Global Res lowered shares of lululemon athletica from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 11th. KeyCorp cut shares of lululemon athletica from an "overweight" rating to a "sector weight" rating in a report on Tuesday, September 9th. Sanford C. Bernstein reduced their price target on lululemon athletica from $350.00 to $220.00 and set an "outperform" rating for the company in a report on Friday, September 5th. Rothschild & Co Redburn lowered their price target on lululemon athletica from $230.00 to $160.00 and set a "sell" rating on the stock in a research report on Friday, September 12th. Finally, Zacks Research lowered lululemon athletica from a "hold" rating to a "strong sell" rating in a research note on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $232.29.

lululemon athletica Stock Down 1.2%

lululemon athletica stock opened at $167.10 on Thursday. The company's 50-day moving average price is $182.65 and its two-hundred day moving average price is $233.42. The stock has a market cap of $19.81 billion, a P/E ratio of 11.36, a P/E/G ratio of 10.57 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 issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.86 by $0.24. The company had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business's revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $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. Equities analysts anticipate 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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