CW Advisors LLC Invests $534,000 in lululemon athletica inc. $LULU

Key Points

• CW Advisors LLC has acquired a new position in lululemon athletica, investing approximately $534,000 for 1,858 shares in the first quarter.
• Insider trading revealed that CEO Calvin Mcdonald sold 27,049 shares valued at over $6.3 million, reducing his ownership by 19.66%.
• Analysts have set diverse price targets for lululemon's stock, ranging from $200 to $385, with the consensus rating being a "Moderate Buy."

CW Advisors LLC bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,858 shares of the apparel retailer's stock, valued at approximately $534,000.

Other hedge funds have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in shares of lululemon athletica in the 1st quarter valued at $25,000. Cornerstone Planning Group LLC boosted its stake in shares of 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 purchasing an additional 81 shares during the last quarter. Anderson Financial Strategies LLC bought a new stake in shares of lululemon athletica in the 4th quarter valued at $30,000. Zions Bancorporation National Association UT bought a new stake in shares of lululemon athletica in the 1st quarter valued at $31,000. Finally, Garde Capital Inc. bought a new stake in shares of lululemon athletica in the 1st quarter valued at $35,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the company's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the transaction, the chief executive officer owned 110,564 shares in the company, valued at approximately $26,058,829.16. This represents a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company's stock.

lululemon athletica Stock Down 1.4%

LULU traded down $2.88 during trading on Monday, hitting $202.20. 3,158,627 shares of the company's stock were exchanged, compared to its average volume of 3,345,829. The business's 50 day moving average is $216.27 and its two-hundred day moving average is $270.72. lululemon athletica inc. has a fifty-two week low of $185.95 and a fifty-two week high of $423.32. The stock has a market cap of $24.23 billion, a P/E ratio of 13.70, a PEG ratio of 1.74 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings data on Thursday, June 5th. The apparel retailer reported $2.60 earnings per share for the quarter, hitting the consensus estimate of $2.60. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the prior year, the company posted $2.54 earnings per share. The business's revenue was up 7.3% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS. On average, sell-side analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analyst Ratings Changes

LULU has been the topic of a number of analyst reports. Citigroup reduced their price objective on shares of lululemon athletica from $270.00 to $220.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 27th. UBS Group dropped their target price on shares of lululemon athletica from $290.00 to $240.00 and set a "neutral" rating on the stock in a research report on Monday, August 18th. CICC Research reiterated a "market perform" rating and set a $280.49 target price on shares of lululemon athletica in a research report on Monday, June 9th. Piper Sandler dropped their target price on shares of lululemon athletica from $270.00 to $200.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 29th. Finally, Wells Fargo & Company dropped their target price on shares of lululemon athletica from $225.00 to $205.00 and set an "equal weight" rating on the stock in a research report on Tuesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $305.75.

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.