lululemon athletica inc. $LULU Shares Purchased by Versor Investments LP

Key Points

• Versor Investments LP increased its holdings in lululemon athletica during the first quarter by 65.8%, bringing its total shares to 5,999 and valuing the investment at approximately $1.70 million.
• Other institutional investors also raised their positions significantly, with Vanguard Group Inc. now owning over 13.26 million shares valued at approximately $3.76 billion.
• Recent earnings reports show lululemon athletica had a net margin of 16.82% with a revenue of $2.37 billion, slightly exceeding analysts' expectations.

Versor Investments LP lifted its stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 65.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,999 shares of the apparel retailer's stock after purchasing an additional 2,381 shares during the period. Versor Investments LP's holdings in lululemon athletica were worth $1,698,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of LULU. Dnca Finance raised its stake in lululemon athletica by 15.1% during the fourth quarter. Dnca Finance now owns 198 shares of the apparel retailer's stock valued at $76,000 after purchasing an additional 26 shares in the last quarter. Lido Advisors LLC increased its position in lululemon athletica by 1.9% during the fourth quarter. Lido Advisors LLC now owns 1,748 shares of the apparel retailer's stock valued at $668,000 after acquiring an additional 32 shares during the last quarter. Colonial Trust Co SC increased its position in lululemon athletica by 2.1% during the fourth quarter. Colonial Trust Co SC now owns 1,737 shares of the apparel retailer's stock valued at $664,000 after acquiring an additional 36 shares during the last quarter. Manhattan West Asset Management LLC increased its position in lululemon athletica by 5.4% during the first quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer's stock valued at $205,000 after acquiring an additional 37 shares during the last quarter. Finally, Horizon Investments LLC increased its position in lululemon athletica by 2.4% during the first quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer's stock valued at $456,000 after acquiring an additional 38 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Stock Up 3.6%

Shares of lululemon athletica stock traded up $7.0850 during midday trading on Friday, hitting $205.2650. The company had a trading volume of 2,290,770 shares, compared to its average volume of 2,669,079. The stock has a market cap of $24.60 billion, a price-to-earnings ratio of 13.90, a PEG ratio of 1.69 and a beta of 1.16. The company has a fifty day simple moving average of $219.77 and a 200 day simple moving average of $280.76. lululemon athletica inc. has a 12-month low of $185.95 and a 12-month high of $423.32.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings data on Thursday, June 5th. The apparel retailer reported $2.60 EPS for the quarter, meeting the consensus estimate of $2.60. The firm had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.36 billion. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. lululemon athletica's revenue was up 7.3% on a year-over-year basis. During the same period last year, the firm posted $2.54 EPS. 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 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on LULU. Telsey Advisory Group restated an "outperform" rating and issued a $385.00 price target on shares of lululemon athletica in a report on Monday, June 2nd. KeyCorp cut their price target on shares of lululemon athletica from $400.00 to $350.00 and set an "overweight" rating on the stock in a report on Friday, June 6th. Barclays reduced their price objective on shares of lululemon athletica from $270.00 to $209.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 6th. UBS Group reduced their price objective on shares of lululemon athletica from $290.00 to $240.00 and set a "neutral" rating for the company in a research note on Monday. Finally, Evercore ISI boosted their price objective on shares of lululemon athletica from $320.00 to $400.00 and gave the stock an "outperform" rating in a research note on Tuesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $319.98.

Insider Transactions at lululemon athletica

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the firm's stock in a transaction that occurred on 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 trade represents a 19.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.54% of the company's stock.

lululemon athletica Company Profile

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.