Generali Investments CEE investicni spolecnost a.s. Takes Position in lululemon athletica inc. (NASDAQ:LULU)

Generali Investments CEE investicni spolecnost a.s. purchased a new position in lululemon athletica inc. (NASDAQ:LULU - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 6,030 shares of the apparel retailer's stock, valued at approximately $1,707,000.

Other large investors also recently bought and sold shares of the company. Narwhal Capital Management lifted its holdings in lululemon athletica by 262.7% in the 1st quarter. Narwhal Capital Management now owns 18,777 shares of the apparel retailer's stock valued at $5,315,000 after acquiring an additional 13,600 shares during the last quarter. Sawgrass Asset Management LLC bought a new position in lululemon athletica during the first quarter worth about $9,209,000. Bender Robert & Associates increased its position in shares of lululemon athletica by 18.5% during the 1st quarter. Bender Robert & Associates now owns 44,961 shares of the apparel retailer's stock worth $12,727,000 after purchasing an additional 7,028 shares in the last quarter. Azzad Asset Management Inc. ADV acquired a new stake in shares of lululemon athletica during the 1st quarter worth about $1,898,000. Finally, Boston Trust Walden Corp raised its position in lululemon athletica by 3.8% in the 1st quarter. Boston Trust Walden Corp now owns 146,630 shares of the apparel retailer's stock valued at $41,505,000 after purchasing an additional 5,363 shares during the last quarter. Institutional investors own 85.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on LULU shares. BTIG Research reduced their target price on shares of lululemon athletica from $420.00 to $405.00 and set a "buy" rating for the company in a research note on Friday, June 6th. The Goldman Sachs Group cut their price objective on lululemon athletica from $363.00 to $302.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd. Citigroup lowered their target price on lululemon athletica from $325.00 to $270.00 and set a "neutral" rating for the company in a research report on Friday, June 6th. Morgan Stanley reiterated an "equal weight" rating and set a $280.00 price target (down previously from $346.00) on shares of lululemon athletica in a report on Monday, June 9th. Finally, JPMorgan Chase & Co. decreased their price objective on lululemon athletica from $389.00 to $303.00 and set an "overweight" rating on the stock in a research note on Friday, June 6th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $340.26.

Insider Transactions at lululemon athletica

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 stock was sold at an average price of $235.69, for a total value of $6,375,178.81. Following the transaction, the chief executive officer owned 110,564 shares of the company's stock, 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 Securities & Exchange Commission, which is accessible through this hyperlink. 0.54% of the stock is owned by corporate insiders.

lululemon athletica Trading Up 0.6%

lululemon athletica stock traded up $1.41 during mid-day trading on Friday, hitting $247.71. The company's stock had a trading volume of 1,646,311 shares, compared to its average volume of 2,327,668. lululemon athletica inc. has a 1 year low of $219.97 and a 1 year high of $423.32. The stock's fifty day moving average is $277.60 and its two-hundred day moving average is $322.21. The firm has a market capitalization of $29.69 billion, a PE ratio of 16.78, a price-to-earnings-growth ratio of 2.10 and a beta of 1.17.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings data on Thursday, June 5th. The apparel retailer reported $2.60 earnings per share for the quarter, meeting analysts' consensus estimates of $2.60. lululemon athletica had a return on equity of 43.48% and a net margin of 16.82%. The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the previous year, the company earned $2.54 EPS. The firm's revenue for the quarter was up 7.3% compared to the same quarter last year. On average, equities analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

lululemon athletica 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.