180 Wealth Advisors LLC Sells 553 Shares of lululemon athletica inc. $LULU

180 Wealth Advisors LLC reduced its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 15.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 3,043 shares of the apparel retailer’s stock after selling 553 shares during the period. 180 Wealth Advisors LLC’s holdings in lululemon athletica were worth $723,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in LULU. N.E.W. Advisory Services LLC acquired a new stake in lululemon athletica in the 1st quarter valued at about $25,000. Cornerstone Planning Group LLC increased its position in lululemon athletica by 506.3% in 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 acquired a new stake in lululemon athletica in the 1st quarter valued at about $29,000. Blue Trust Inc. increased its position in 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 in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in lululemon athletica in the 2nd quarter valued at about $30,000. 85.20% of the stock is owned by institutional investors.

lululemon athletica Price Performance

lululemon athletica stock opened at $178.17 on Friday. The company’s 50 day simple moving average is $179.99 and its 200 day simple moving average is $228.89. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The firm has a market capitalization of $21.13 billion, a price-to-earnings ratio of 12.11, a PEG ratio of 11.19 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results 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 firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the previous year, the firm posted $3.15 earnings per share. The business’s revenue was up 6.5% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, analysts predict that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LULU. William Blair cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a research report on Friday, September 5th. BNP Paribas Exane upgraded shares of lululemon athletica from an “underperform” rating to a “neutral” rating and set a $146.00 price target for the company in a research report on Monday, October 20th. JPMorgan Chase & Co. lowered their price target on shares of lululemon athletica from $224.00 to $191.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. Oppenheimer reiterated a “market perform” rating and set a $500.00 price target on shares of lululemon athletica in a research report on Friday, September 5th. Finally, Morgan Stanley lowered their price target on shares of lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twenty-nine have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, lululemon athletica has an average rating of “Hold” and an average target price of $228.42.

Insiders Place Their Bets

In other news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction 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 sale, the insider 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica 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.