lululemon athletica inc. $LULU Shares Sold by Freestone Capital Holdings LLC

Freestone Capital Holdings LLC lowered its position in lululemon athletica inc. (NASDAQ:LULU) by 80.2% in the second quarter, Holdings Channel.com reports. The firm owned 1,702 shares of the apparel retailer’s stock after selling 6,915 shares during the quarter. Freestone Capital Holdings LLC’s holdings in lululemon athletica were worth $404,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in LULU. Brighton Jones LLC acquired a new stake in lululemon athletica in the fourth quarter valued at about $429,000. Private Trust Co. NA lifted its position in lululemon athletica by 70.0% in the first quarter. Private Trust Co. NA now owns 379 shares of the apparel retailer’s stock valued at $107,000 after purchasing an additional 156 shares during the period. World Investment Advisors lifted its position in lululemon athletica by 5.7% in the first quarter. World Investment Advisors now owns 4,791 shares of the apparel retailer’s stock valued at $1,356,000 after purchasing an additional 258 shares during the period. Concurrent Investment Advisors LLC acquired a new stake in lululemon athletica in the first quarter valued at about $254,000. Finally, Envestnet Asset Management Inc. lifted its position in lululemon athletica by 6.2% in the first quarter. Envestnet Asset Management Inc. now owns 135,939 shares of the apparel retailer’s stock valued at $38,479,000 after purchasing an additional 7,890 shares during the period. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Sanford C. Bernstein downgraded shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price target for the company. in a research report on Thursday, October 16th. Truist Financial downgraded shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price target for the company. in a research report on Friday, September 5th. Evercore ISI reiterated an “in-line” rating and set a $180.00 price target (down from $265.00) on shares of lululemon athletica in a research report on Friday, September 5th. Dbs Bank reduced their price target on shares of lululemon athletica from $165.00 to $134.00 in a research report on Friday, September 19th. Finally, KeyCorp downgraded shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $228.42.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $160.66 on Wednesday. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The company has a market capitalization of $19.05 billion, a P/E ratio of 10.92, a P/E/G ratio of 10.64 and a beta of 1.07. The business has a 50 day moving average price of $175.72 and a 200 day moving average price of $223.98.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the previous year, the firm posted $3.15 EPS. The company’s quarterly 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. As a group, research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Activity

In related news, insider Nicole Neuburger sold 615 shares of lululemon athletica stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the transaction, the insider directly owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by corporate insiders.

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.