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lululemon athletica inc. $LULU Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

lululemon athletica logo with Consumer Discretionary background
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Universal Beteiligungs und Servicegesellschaft mbH reduced its position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 12.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,317 shares of the apparel retailer's stock after selling 13,685 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.08% of lululemon athletica worth $20,889,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of LULU. Brighton Jones LLC acquired a new position in lululemon athletica during the fourth quarter worth about $429,000. NewEdge Advisors LLC grew its holdings in lululemon athletica by 5.1% during the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer's stock worth $1,089,000 after acquiring an additional 186 shares during the period. Glenview Trust co increased its stake in lululemon athletica by 39.9% in the 2nd quarter. Glenview Trust co now owns 996 shares of the apparel retailer's stock worth $237,000 after purchasing an additional 284 shares in the last quarter. Diversify Advisory Services LLC purchased a new position in lululemon athletica in the 2nd quarter worth about $508,000. Finally, Raymond James Financial Inc. increased its stake in lululemon athletica by 10.7% in the 2nd quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer's stock worth $26,759,000 after purchasing an additional 10,891 shares in the last quarter. 85.20% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 622 shares of the firm's stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider directly owned 19,156 shares in the company, valued at approximately $3,084,116. This trade represents a 3.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Andre Maestrini acquired 3,275 shares of the firm's stock in a transaction on Wednesday, April 1st. The shares were acquired at an average price of $151.02 per share, with a total value of $494,590.50. Following the completion of the transaction, the chief executive officer directly owned 34,551 shares in the company, valued at approximately $5,217,892.02. This trade represents a 10.47% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.54% of the company's stock.

Wall Street Analyst Weigh In

LULU has been the topic of a number of analyst reports. Bank of America dropped their price target on lululemon athletica from $220.00 to $200.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 3rd. Citigroup dropped their price target on lululemon athletica from $210.00 to $185.00 and set a "neutral" rating on the stock in a research note on Monday, March 23rd. Weiss Ratings cut lululemon athletica from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, March 31st. BTIG Research dropped their price target on lululemon athletica from $250.00 to $225.00 and set a "buy" rating on the stock in a research note on Wednesday, March 18th. Finally, The Goldman Sachs Group dropped their price target on lululemon athletica from $200.00 to $184.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-eight have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $206.77.

View Our Latest Stock Report on lululemon athletica

lululemon athletica Trading Up 1.5%

Shares of NASDAQ LULU opened at $143.80 on Friday. lululemon athletica inc. has a one year low of $141.33 and a one year high of $340.25. The firm has a market capitalization of $17.36 billion, a PE ratio of 10.81, a PEG ratio of 4.35 and a beta of 1.07. The business has a 50-day moving average price of $165.21 and a two-hundred day moving average price of $178.26.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The apparel retailer reported $5.01 EPS for the quarter, topping analysts' consensus estimates of $4.78 by $0.23. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The firm had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.59 billion. During the same period last year, the company posted $6.14 EPS. The business's quarterly revenue was up .0% compared to the same quarter last year. Research analysts anticipate that lululemon athletica inc. will post 12.3 EPS for the current year.

lululemon athletica News Summary

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

lululemon athletica Company Profile

(Free Report)

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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Want to see what other hedge funds are holding LULU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for lululemon athletica inc. (NASDAQ:LULU - Free Report).

Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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