State of Alaska Department of Revenue Has $3.92 Million Stock Position in lululemon athletica inc. $LULU

Key Points

• State of Alaska cut its Lululemon stake by 30.8% in Q4, selling 8,385 shares and finishing with 18,848 shares valued at about $3.915 million, while overall institutional ownership stands at 85.2% with Vanguard, Invesco and others expanding positions.
• Regulatory and reputational risk: the Texas attorney general has opened a PFAS probe into Lululemon’s products and the story is being amplified on Chinese social media, creating potential compliance, litigation and near-term sales pressure.
• Insider and analyst signals: Director Charles V. Bergh purchased 6,090 shares (~$1.0M) recently, but several brokerages have cut price targets and the consensus rating is a Hold with an average target of $206.77.

State of Alaska Department of Revenue reduced its position in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 30.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 18,848 shares of the apparel retailer's stock after selling 8,385 shares during the period. State of Alaska Department of Revenue's holdings in lululemon athletica were worth $3,915,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in LULU. Vanguard Group Inc. boosted its position in shares of lululemon athletica by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer's stock worth $2,452,394,000 after purchasing an additional 521,915 shares during the last quarter. Invesco Ltd. boosted its position in shares of lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer's stock worth $391,544,000 after purchasing an additional 490,127 shares during the last quarter. Pacer Advisors Inc. boosted its position in shares of lululemon athletica by 2,598.9% in the 3rd quarter. Pacer Advisors Inc. now owns 475,957 shares of the apparel retailer's stock worth $84,687,000 after purchasing an additional 458,322 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of lululemon athletica by 321.2% in the 3rd quarter. Victory Capital Management Inc. now owns 497,689 shares of the apparel retailer's stock worth $88,554,000 after purchasing an additional 379,536 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of lululemon athletica by 32.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,311,664 shares of the apparel retailer's stock worth $233,394,000 after purchasing an additional 319,934 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Charles V. Bergh purchased 6,090 shares of the business's stock in a transaction dated Friday, March 20th. The shares were bought at an average cost of $164.20 per share, for a total transaction of $999,978.00. Following the completion of the acquisition, the director directly owned 6,090 shares in the company, valued at approximately $999,978. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nicole Neuburger sold 622 shares of the business's stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total value of $100,142.00. Following the completion of the sale, the insider owned 19,156 shares in the company, valued at approximately $3,084,116. This trade represents a 3.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.54% of the company's stock.

Wall Street Analyst Weigh In

LULU has been the topic of several recent research reports. Bank of America reduced their price target on lululemon athletica from $220.00 to $200.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 3rd. The Goldman Sachs Group reduced their price target on lululemon athletica from $200.00 to $184.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 11th. Wells Fargo & Company reduced their price target on lululemon athletica from $175.00 to $150.00 and set an "equal weight" rating on the stock in a research report on Wednesday, March 18th. Truist Financial reduced their price target on lululemon athletica from $200.00 to $170.00 and set a "hold" rating on the stock in a research report on Wednesday, March 18th. Finally, Citigroup reduced their price target on lululemon athletica from $210.00 to $185.00 and set a "neutral" rating on the stock in a research report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twenty-eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $206.77.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $162.74 on Thursday. The firm has a market cap of $19.64 billion, a price-to-earnings ratio of 12.24, a price-to-earnings-growth ratio of 4.94 and a beta of 1.07. The stock's 50-day moving average is $167.38 and its 200-day moving average is $179.16. lululemon athletica inc. has a one year low of $143.96 and a one year high of $340.25.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its quarterly earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 EPS for the quarter, beating analysts' consensus estimates of $4.78 by $0.23. The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.59 billion. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The company's quarterly revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the company posted $6.14 earnings per share. On average, equities analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Trending Headlines about lululemon athletica

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

• Positive Sentiment: Analyst / investor take that LULU’s valuation is now compressed to multi-year levels and the share price may be bottoming, framing the pullback as a potential buying opportunity. Lululemon Stock Trades at 2018 Levels Despite Record Revenue: Time to Buy?
• Neutral Sentiment: Company and regulators: Lululemon says it doesn’t use PFAS and is cooperating with investigators; Chinese operations/consumers are being reassured about product safety as the story spreads on social media. This helps limit immediate commercial fallout but leaves uncertainty. Lululemon China ensures product safety amid 'forever chemical' concerns
• Neutral Sentiment: Operational outlook: Management is focused on restoring pricing power after heavy markdowns in 2025 through tighter inventory, product innovation and a shift back to full-price selling — a longer-run positive if execution holds. Can Lululemon Restore Pricing Power Against Increasing Discounts?
• Negative Sentiment: Regulatory/legal risk: The Texas AG opened a formal probe into whether Lululemon’s products contain PFAS and whether marketing misled consumers; the inquiry raises potential compliance costs, recalls or litigation exposure. Texas PFAS Probe Tests Lululemon Brand Strength And Investor Confidence
• Negative Sentiment: Industry/media amplification: Multiple outlets and social media in China are amplifying the probe, increasing reputational risk in a key growth market and potentially pressuring near-term sales and gross margins. Lululemon Sparks China Social Media Debate On Texas PFAS Probe
• Negative Sentiment: Legal commentary warns the probe could spawn broader litigation trends against “clean” consumer brands, which would increase contingent liabilities and investor uncertainty. Amanda Demanda: Lululemon PFAS Investigation Signals Litigation Risk for “Clean” Consumer Brands
• Negative Sentiment: Opinion pressure: Commentary (e.g., WSJ opinion) frames the AG action as aggressive and keeps the story in the headlines, which can prolong volatility even if substantive findings are limited. Opinion | Ken Paxton Wants Your Lululemon Yoga Pants

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.

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.