Venture Visionary Partners LLC Has $436,000 Holdings in lululemon athletica inc. $LULU

Key Points

• Venture Visionary Partners LLC has reduced its holdings in lululemon athletica by 51.3%, now owning 1,542 shares worth $436,000, according to its latest SEC filing.
• CEO Calvin McDonald sold 27,049 shares in June, reducing his ownership by 19.66% and leaving him with 110,564 shares valued at approximately $26 million.
• Analysts' price targets for lululemon athletica vary, with a consensus target of $319.98 and ratings ranging from Strong Buy to Sell, reflecting differing market perspectives.

Venture Visionary Partners LLC lowered its position in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 51.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,542 shares of the apparel retailer's stock after selling 1,626 shares during the period. Venture Visionary Partners LLC's holdings in lululemon athletica were worth $436,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in LULU. GAMMA Investing LLC increased its position in shares of lululemon athletica by 37,062.1% in the 1st quarter. GAMMA Investing LLC now owns 563,006 shares of the apparel retailer's stock valued at $159,364,000 after buying an additional 561,491 shares in the last quarter. Nuveen LLC bought a new stake in shares of lululemon athletica in the 1st quarter valued at $123,894,000. Ameriprise Financial Inc. increased its position in shares of lululemon athletica by 128.2% in the 4th quarter. Ameriprise Financial Inc. now owns 706,300 shares of the apparel retailer's stock valued at $270,223,000 after buying an additional 396,732 shares in the last quarter. Kovitz Investment Group Partners LLC increased its holdings in lululemon athletica by 9,067.0% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 298,752 shares of the apparel retailer's stock worth $114,246,000 after purchasing an additional 295,493 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. increased its holdings in lululemon athletica by 16.6% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer's stock worth $319,463,000 after purchasing an additional 160,897 shares in the last quarter. Institutional investors own 85.20% of the company's stock.

Insider Transactions at lululemon athletica

In related news, CEO Calvin Mcdonald sold 27,049 shares of the firm's stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $235.69, for a total value of $6,375,178.81. Following the completion of the sale, the chief executive officer directly owned 110,564 shares in the company, valued at approximately $26,058,829.16. This trade represents a 19.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on LULU. Barclays lowered their target price on lululemon athletica from $270.00 to $209.00 and set an "equal weight" rating for the company in a report on Wednesday, August 6th. Wells Fargo & Company lowered their target price on lululemon athletica from $225.00 to $205.00 and set an "equal weight" rating for the company in a report on Tuesday, August 19th. BTIG Research lowered their target price on lululemon athletica from $420.00 to $405.00 and set a "buy" rating for the company in a report on Friday, June 6th. Citigroup lowered their target price on lululemon athletica from $325.00 to $270.00 and set a "neutral" rating for the company in a report on Friday, June 6th. Finally, Bank of America lowered their target price on lululemon athletica from $400.00 to $370.00 and set a "buy" rating for the company in a report on Friday, June 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $319.98.

lululemon athletica Trading Up 4.7%

Shares of lululemon athletica stock traded up $9.41 during trading hours on Friday, reaching $207.59. 3,798,546 shares of the company's stock were exchanged, compared to its average volume of 3,486,725. lululemon athletica inc. has a fifty-two week low of $185.95 and a fifty-two week high of $423.32. The stock has a market cap of $24.88 billion, a P/E ratio of 14.06, a P/E/G ratio of 1.78 and a beta of 1.16. The company has a 50 day moving average of $219.14 and a two-hundred day moving average of $278.40.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its earnings results on Thursday, June 5th. The apparel retailer reported $2.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.60. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. The business had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the business posted $2.54 EPS. lululemon athletica's revenue was up 7.3% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS. As a group, analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal 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.