HighPoint Advisor Group LLC Purchases 15,421 Shares of lululemon athletica inc. $LULU

Key Points

• HighPoint Advisor Group LLC increased its holding in lululemon by 896% in Q3, buying 15,421 shares to own 17,142 shares valued at about $3.05 million.
• lululemon topped expectations for the quarter with EPS of $2.59 versus $2.22 forecast and revenue of $2.57B (vs. $2.48B), and set FY2025 EPS guidance of 12.920–13.020 (Q4 guidance 4.660–4.760).
• Insider Celeste Burgoyne sold 13,511 shares for roughly $2.76 million (a 71.8% reduction), institutional ownership is about 85.2%, and analysts' consensus is a "Hold" with an average price target of $227.05.

HighPoint Advisor Group LLC increased its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 896.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,142 shares of the apparel retailer's stock after buying an additional 15,421 shares during the period. HighPoint Advisor Group LLC's holdings in lululemon athletica were worth $3,050,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LULU. Cornerstone Planning Group LLC boosted its position in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer's stock valued at $25,000 after acquiring an additional 68 shares during the last quarter. Blue Trust Inc. increased its position in shares of lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer's stock worth $29,000 after purchasing an additional 61 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in lululemon athletica in the second quarter valued at approximately $30,000. Tradewinds Capital Management LLC raised its stake in lululemon athletica by 18,400.0% in the third quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer's stock valued at $33,000 after purchasing an additional 184 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its position in lululemon athletica by 464.0% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer's stock valued at $34,000 after purchasing an additional 116 shares during the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Stock Up 3.7%

Shares of NASDAQ LULU opened at $178.00 on Thursday. The firm's fifty day moving average is $197.41 and its 200 day moving average is $187.79. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $417.11. The company has a market cap of $20.88 billion, a price-to-earnings ratio of 12.34, a PEG ratio of 10.84 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.48 billion. During the same quarter last year, the firm earned $2.53 EPS. The company's revenue was up 7.1% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. Equities research analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Transactions at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of the business's stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the transaction, the insider owned 5,318 shares in the company, valued at $1,084,872. The trade was a 71.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on LULU shares. Weiss Ratings reissued a "sell (d+)" rating on shares of lululemon athletica in a report on Thursday, January 22nd. Barclays upped their target price on shares of lululemon athletica from $180.00 to $189.00 and gave the stock an "equal weight" rating in a research report on Friday, December 12th. JPMorgan Chase & Co. raised their price target on lululemon athletica from $203.00 to $209.00 and gave the company a "neutral" rating in a research report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft began coverage on lululemon athletica in a research note on Thursday, January 8th. They set a "hold" rating for the company. Finally, Citigroup increased their price objective on lululemon athletica from $190.00 to $210.00 and gave the company a "neutral" rating in a research report on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $227.05.

lululemon athletica Company Profile

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company's product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.

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