Kerrisdale Advisers LLC Makes New $1.93 Million Investment in lululemon athletica inc. $LULU

Key Points

• Kerrisdale Advisers acquired 16,905 lululemon shares worth approximately $1.93 million in the second quarter. Institutional investors collectively own 85.2% of LULU, while insider ownership stands at 0.54%.
• Analyst sentiment remains cautious: LULU has a consensus “Reduce” rating and an average price target of $148.38, with several firms recently lowering their targets amid concerns about North American softness and margin pressure.
• The stock opened at $120.81, near its 52-week low of $104.44 and well below its 52-week high of $225.98. In its latest quarter, lululemon modestly beat earnings and revenue estimates, though earnings per share declined year over year.

Kerrisdale Advisers LLC acquired a new position in lululemon athletica inc. (NASDAQ:LULU - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 16,905 shares of the apparel retailer's stock, valued at approximately $1,930,000.

Other large investors have also recently made changes to their positions in the company. Swiss Life Asset Management Ltd boosted its holdings in lululemon athletica by 53.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer's stock worth $14,150,000 after buying an additional 23,623 shares during the period. Oppenheimer Asset Management Inc. lifted its position in shares of lululemon athletica by 46.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer's stock valued at $5,319,000 after acquiring an additional 8,134 shares in the last quarter. Rayburn West Financial Services LLC purchased a new position in shares of lululemon athletica in the fourth quarter valued at about $3,536,000. Gateway Investment Advisers LLC boosted its stake in shares of lululemon athletica by 60.0% in the fourth quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer's stock worth $9,364,000 after acquiring an additional 16,901 shares during the period. Finally, MUFG Securities EMEA plc boosted its stake in shares of lululemon athletica by 9,695.1% in the fourth quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer's stock worth $42,481,000 after acquiring an additional 202,337 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Daiwa Securities Group decreased their target price on lululemon athletica from $173.00 to $120.00 and set a "neutral" rating on the stock in a research note on Tuesday, June 9th. Weiss Ratings lowered shares of lululemon athletica from a "sell (d+)" rating to a "sell (d)" rating in a report on Monday, August 24th. Piper Sandler reduced their price objective on shares of lululemon athletica from $130.00 to $110.00 and set a "neutral" rating on the stock in a research report on Friday, June 5th. JPMorgan Chase & Co. boosted their target price on shares of lululemon athletica from $149.00 to $154.00 and gave the stock a "neutral" rating in a report on Tuesday, August 4th. Finally, Stifel Nicolaus cut their target price on shares of lululemon athletica from $176.00 to $134.00 and set a "hold" rating for the company in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have assigned a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and a consensus target price of $148.38.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the firm's stock in a transaction dated Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director owned 10,365 shares of the company's stock, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.54% of the stock is currently owned by company insiders.

Key lululemon athletica News

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Several earnings previews highlight lululemon’s strong history of exceeding analyst estimates and suggest the company has favorable conditions for another quarterly beat. International growth and momentum from the Power of Three ×2 strategy are expected to support results. Will Lululemon Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: The upcoming report is expected to benefit from continued international expansion and execution of Power of Three ×2. A better-than-expected release could reinforce the recent improvement in investor sentiment around LULU. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors?
• Neutral Sentiment: lululemon is scheduled to report quarterly results Thursday. Investors will likely focus on sales growth, international performance, margins and management’s outlook. The company’s previous quarter modestly exceeded consensus estimates, while full-year earnings guidance remains a key benchmark.
• Neutral Sentiment: Next week’s U.S. jobs report and other economic data could influence interest-rate expectations and broader consumer and retail stocks, potentially affecting LULU independently of its earnings fundamentals. The Week Ahead: August Jobs Report Takes Center Stage
• Negative Sentiment: Analysts expect North American softness and margin pressure to weigh on the quarter, creating execution risk even if international operations perform well. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors?
• Negative Sentiment: UBS issued a pessimistic forecast for LULU, while a separate analyst downgrade previously pressured the shares. These actions signal continued concerns about valuation, growth durability and the company’s near-term outlook. UBS Group Issues Pessimistic Forecast for lululemon athletica Stock Price lululemon Shares Gap Down on Analyst Downgrade

lululemon athletica Price Performance

Shares of LULU opened at $120.81 on Monday. The stock has a market capitalization of $14.34 billion, a price-to-earnings ratio of 9.75, a price-to-earnings-growth ratio of 3.96 and a beta of 0.86. lululemon athletica inc. has a 1 year low of $104.44 and a 1 year high of $225.98. The business's 50 day simple moving average is $117.94 and its 200-day simple moving average is $138.18.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating analysts' consensus estimates of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period last year, the firm posted $2.60 earnings per share. lululemon athletica's revenue for the quarter was up 4.3% compared to the same quarter last year. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. On average, sell-side analysts expect that lululemon athletica inc. will post 10.93 earnings per share for the current year.

lululemon athletica 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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