Rep. Jefferson Shreve Sells Off Shares of lululemon athletica inc. (NASDAQ:LULU)

Representative Jefferson Shreve (R-Indiana) recently sold shares of lululemon athletica inc. NASDAQ: LULU. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in lululemon athletica stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

lululemon athletica Stock Up 0.3%

Shares of NASDAQ:LULU traded up $0.74 during midday trading on Friday, hitting $219.43. 2,629,124 shares of the stock traded hands, compared to its average volume of 2,563,510. The stock has a market capitalization of $26.30 billion, a PE ratio of 14.87, a P/E/G ratio of 1.90 and a beta of 1.17. The business's 50 day moving average is $262.08 and its two-hundred day moving average is $307.52. lululemon athletica inc. has a one year low of $216.49 and a one year high of $423.32.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued 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 the consensus estimate of $2.36 billion. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. The company's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.54 earnings per share. As a group, sell-side analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analysts Set New Price Targets

LULU has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an "equal weight" rating and set a $280.00 price objective (down from $346.00) on shares of lululemon athletica in a research note on Monday, June 9th. KeyCorp decreased their price target on shares of lululemon athletica from $400.00 to $350.00 and set an "overweight" rating for the company in a research note on Friday, June 6th. Telsey Advisory Group reissued an "outperform" rating and issued a $385.00 price target on shares of lululemon athletica in a research note on Monday, June 2nd. Robert W. Baird decreased their price target on shares of lululemon athletica from $350.00 to $340.00 and set an "outperform" rating for the company in a research note on Friday, June 6th. Finally, Bank of America decreased their price target on shares of lululemon athletica from $400.00 to $370.00 and set a "buy" rating for the company in a research note on Friday, June 6th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $337.53.

Institutional Investors Weigh In On lululemon athletica

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. N.E.W. Advisory Services LLC purchased a new position in shares of lululemon athletica during the 1st quarter worth $25,000. TCTC Holdings LLC purchased a new position in shares of lululemon athletica during the 4th quarter worth $26,000. Cornerstone Planning Group LLC boosted its stake in shares of lululemon athletica by 506.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock worth $26,000 after acquiring an additional 81 shares during the last quarter. Flaharty Asset Management LLC bought a new stake in shares of lululemon athletica during the 1st quarter valued at $29,000. Finally, Blue Trust Inc. raised its position in shares of lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer's stock valued at $29,000 after purchasing an additional 61 shares during the period. Hedge funds and other institutional investors own 85.20% of the company's stock.

Insider Activity at lululemon athletica

In other news, CEO Calvin Mcdonald sold 27,049 shares of the firm's stock in a transaction 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 sale, the chief executive officer directly owned 110,564 shares in the company, valued at $26,058,829.16. This trade represents a 19.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.