Cwm LLC Lowers Stock Holdings in lululemon athletica inc. $LULU

Key Points

• Cwm LLC reduced its stake in lululemon athletica by 12.5%, holding 14,151 shares valued at approximately $3.36 million after selling 2,019 shares in the second quarter.
• Institutional investors like Concurrent Investment Advisors LLC and Aberdeen Group plc increased their positions in the company, highlighting a significant focus on lululemon by hedge funds.
• In its latest earnings report, lululemon athletica reported $3.10 earnings per share, exceeding analyst expectations, along with a revenue of $2.53 billion, which was slightly below estimates.

Cwm LLC reduced its position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 12.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,151 shares of the apparel retailer's stock after selling 2,019 shares during the period. Cwm LLC's holdings in lululemon athletica were worth $3,362,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Concurrent Investment Advisors LLC boosted its position in shares of lululemon athletica by 240.8% during the second quarter. Concurrent Investment Advisors LLC now owns 3,054 shares of the apparel retailer's stock worth $726,000 after buying an additional 2,158 shares during the period. Natural Investments LLC boosted its position in shares of lululemon athletica by 1.4% during the second quarter. Natural Investments LLC now owns 4,650 shares of the apparel retailer's stock worth $1,104,000 after buying an additional 62 shares during the period. U S Global Investors Inc. purchased a new position in lululemon athletica in the second quarter valued at $760,000. Trust Co. of Toledo NA OH purchased a new position in lululemon athletica in the second quarter valued at $30,000. Finally, Aberdeen Group plc boosted its holdings in lululemon athletica by 3.8% in the second quarter. Aberdeen Group plc now owns 93,585 shares of the apparel retailer's stock valued at $22,234,000 after purchasing an additional 3,427 shares during the period. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

lululemon athletica stock opened at $167.41 on Friday. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The stock has a market cap of $19.85 billion, a PE ratio of 11.38, a P/E/G ratio of 10.29 and a beta of 1.07. The stock's fifty day moving average is $181.67 and its two-hundred day moving average is $231.82.

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

Insider Activity at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of lululemon athletica stock in a transaction dated Tuesday, September 30th. The stock was 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 in the company, valued at approximately $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Oppenheimer reiterated a "market perform" rating and issued a $500.00 target price on shares of lululemon athletica in a report on Friday, September 5th. Hsbc Global Res lowered lululemon athletica from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 11th. Dbs Bank decreased their target price on lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. Stifel Nicolaus reiterated a "hold" rating and issued a $205.00 target price (down from $324.00) on shares of lululemon athletica in a report on Friday, September 5th. Finally, Telsey Advisory Group lowered lululemon athletica from an "outperform" rating to a "market perform" rating and decreased their target price for the company from $360.00 to $200.00 in a report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $231.26.

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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