Clear Creek Financial Management LLC Grows Position in lululemon athletica inc. $LULU

Key Points

• Clear Creek Financial Management LLC significantly increased its stake in lululemon athletica by 290.2% during the 2nd quarter, owning 3,028 shares valued at approximately $719,000.
• Research firms have downgraded lululemon's stock ratings, with several reducing their price targets, leading to an average target price of $232.29 and an overall "Hold" rating from analysts.
• lululemon athletica reported $3.10 EPS for the latest quarter, surpassing analysts' expectations, though its revenue of $2.53 billion fell slightly short of estimates.

Clear Creek Financial Management LLC raised its stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 290.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,028 shares of the apparel retailer's stock after buying an additional 2,252 shares during the period. Clear Creek Financial Management LLC's holdings in lululemon athletica were worth $719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new stake in lululemon athletica in the 1st quarter valued at about $25,000. Cornerstone Planning Group LLC boosted its position in lululemon athletica by 506.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock valued at $26,000 after buying an additional 81 shares during the period. Flaharty Asset Management LLC purchased a new stake in lululemon athletica in the 1st quarter valued at about $29,000. Zions Bancorporation National Association UT purchased a new stake in lululemon athletica in the 1st quarter valued at about $31,000. Finally, Garde Capital Inc. purchased a new stake in lululemon athletica in the 1st quarter valued at about $35,000. 85.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on LULU. Truist Financial cut 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. Baird R W lowered shares of lululemon athletica from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 23rd. TD Securities reduced their price target on shares of lululemon athletica from $298.00 to $220.00 and set a "buy" rating for the company in a report on Friday, September 5th. Barclays reduced their price target on shares of lululemon athletica from $209.00 to $180.00 and set an "equal weight" rating for the company in a report on Friday, September 5th. Finally, Piper Sandler reduced their price target on shares of lululemon athletica from $200.00 to $165.00 and set a "neutral" rating for the company in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twenty-six have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $232.29.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the business's stock in a transaction that occurred 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 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 this link. Corporate insiders own 0.54% of the company's stock.

lululemon athletica Stock Down 3.4%

NASDAQ LULU opened at $167.51 on Friday. The firm has a market cap of $19.86 billion, a PE ratio of 11.39, a price-to-earnings-growth ratio of 10.84 and a beta of 1.07. The company has a 50 day moving average price of $184.28 and a 200 day moving average price of $236.63. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.86 by $0.24. The firm 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%. lululemon athletica's revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $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, equities research analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

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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