lululemon athletica inc. $LULU Shares Sold by MassMutual Private Wealth & Trust FSB

Key Points

• MassMutual Private Wealth & Trust FSB reduced its holdings in lululemon athletica inc. by 40.1% in Q2, now owning 6,008 shares valued at $1.43 million.
• CEO Calvin Mcdonald sold 27,049 shares of lululemon's stock, decreasing his position by 19.66% within the company.
• Analysts have lowered price targets for lululemon, with Wells Fargo reducing theirs from $205 to $160 and several firms adjusting their ratings accordingly.

MassMutual Private Wealth & Trust FSB lessened its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 40.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,008 shares of the apparel retailer's stock after selling 4,022 shares during the quarter. MassMutual Private Wealth & Trust FSB's holdings in lululemon athletica were worth $1,427,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in LULU. Brighton Jones LLC bought a new position in shares of lululemon athletica during the 4th quarter valued at $429,000. Fourth Dimension Wealth LLC bought a new stake in shares of lululemon athletica during the 4th quarter valued at $61,000. Vident Advisory LLC increased its holdings in lululemon athletica by 93.2% in the 4th quarter. Vident Advisory LLC now owns 2,104 shares of the apparel retailer's stock valued at $805,000 after acquiring an additional 1,015 shares during the last quarter. Woodline Partners LP bought a new stake in lululemon athletica in the 4th quarter valued at $951,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in lululemon athletica by 10.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 934,919 shares of the apparel retailer's stock valued at $357,522,000 after acquiring an additional 89,544 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LULU shares. Needham & Company LLC dropped their price target on shares of lululemon athletica from $238.00 to $192.00 and set a "buy" rating for the company in a research note on Friday, September 5th. BTIG Research decreased their price objective on shares of lululemon athletica from $375.00 to $303.00 and set a "buy" rating on the stock in a report on Friday, September 5th. Robert W. Baird cut their price objective on shares of lululemon athletica from $260.00 to $225.00 and set an "outperform" rating for the company in a research report on Friday, September 5th. HSBC cut shares of lululemon athletica from a "buy" rating to a "hold" rating and set a $175.00 price objective for the company. in a report on Thursday, September 11th. Finally, Wells Fargo & Company reduced their price objective on shares of lululemon athletica from $205.00 to $160.00 and set an "equal weight" rating for the company in a research report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, twenty-three have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $239.30.

Insider Transactions at lululemon athletica

In other news, CEO Calvin Mcdonald sold 27,049 shares of the company's stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the completion of the transaction, the chief executive officer directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.54% of the stock is currently owned by company insiders.

lululemon athletica Stock Performance

Shares of lululemon athletica stock traded down $0.14 during trading on Friday, reaching $169.62. 7,873,945 shares of the company's stock were exchanged, compared to its average volume of 7,232,313. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The firm's 50-day moving average price is $197.38 and its 200 day moving average price is $252.53. The company has a market cap of $20.11 billion, a P/E ratio of 11.53, a PEG ratio of 10.61 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.55 billion. During the same quarter last year, the firm posted $3.15 earnings per share. The firm's 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. As a group, equities research analysts predict that lululemon athletica inc. will post 14.36 EPS for the current year.

About lululemon athletica

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.