lululemon athletica (NASDAQ:LULU) Insider Sells $109,470.00 in Stock

Key Points

• Nicole Neuburger, an insider at lululemon athletica, sold $109,470 worth of stock by selling 615 shares at an average price of $178.00, reducing her ownership by 6.40%.
• In its recent quarterly earnings, lululemon reported earnings per share of $3.10, surpassing expectations, while revenue rose by 6.5% year-over-year despite slightly falling short of forecasts.
• Analysts have recently lowered price targets for lululemon, with Sanford C. Bernstein reducing its target from $350.00 to $220.00, reflecting a shift in market sentiment.

lululemon athletica inc. (NASDAQ:LULU - Get Free Report) insider Nicole Neuburger sold 615 shares of the firm's stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the sale, the insider directly owned 8,993 shares of the company's stock, valued at $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

lululemon athletica Trading Up 0.4%

NASDAQ:LULU traded up $0.63 during midday trading on Thursday, hitting $178.20. 3,522,426 shares of the company traded hands, compared to its average volume of 3,294,852. The firm has a market capitalization of $21.13 billion, a P/E ratio of 12.11, a P/E/G ratio of 11.03 and a beta of 1.07. The firm's fifty day moving average is $189.33 and its 200-day moving average is $244.10. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, beating analysts' consensus estimates of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The business had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.55 billion. During the same quarter in the previous year, the business posted $3.15 earnings per share. The business's revenue was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. On average, research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LULU. Sanford C. Bernstein reduced their price target on lululemon athletica from $350.00 to $220.00 and set an "outperform" rating on the stock in a report on Friday, September 5th. The Goldman Sachs Group reduced their target price on lululemon athletica from $232.00 to $200.00 and set a "neutral" rating on the stock in a research note on Friday, September 5th. BTIG Research lowered their target price on shares of lululemon athletica from $375.00 to $303.00 and set a "buy" rating for the company in a research note on Friday, September 5th. Hsbc Global Res downgraded shares of lululemon athletica from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 11th. Finally, CICC Research reiterated a "market perform" rating and set a $280.49 price objective on shares of lululemon athletica in a report on Monday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $233.33.

Institutional Investors Weigh In On lululemon athletica

Large investors have recently modified their holdings of the business. N.E.W. Advisory Services LLC purchased a new position in lululemon athletica during the first quarter valued at approximately $25,000. Cornerstone Planning Group LLC boosted its position in lululemon athletica by 506.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock valued at $26,000 after acquiring an additional 81 shares in the last quarter. Flaharty Asset Management LLC purchased a new position in shares of lululemon athletica in the 1st quarter valued at $29,000. Blue Trust Inc. increased its holdings in shares of lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer's stock valued at $29,000 after acquiring an additional 61 shares during the period. Finally, Trust Co. of Toledo NA OH bought a new position in shares of lululemon athletica in the 2nd quarter worth $30,000. Institutional investors own 85.20% 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.

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