Inceptionr LLC Invests $1.07 Million in lululemon athletica inc. $LULU

Inceptionr LLC acquired a new position in lululemon athletica inc. (NASDAQ:LULU) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,515 shares of the apparel retailer’s stock, valued at approximately $1,073,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sandler Capital Management purchased a new position in shares of lululemon athletica during the first quarter valued at approximately $484,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in lululemon athletica during the second quarter valued at $17,747,000. K.J. Harrison & Partners Inc boosted its holdings in lululemon athletica by 100.1% in the second quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock worth $1,426,000 after acquiring an additional 3,002 shares in the last quarter. WealthPlan Investment Management LLC grew its stake in shares of lululemon athletica by 26.9% in the first quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock worth $2,165,000 after acquiring an additional 1,622 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of lululemon athletica by 5.9% during the first quarter. Ameriprise Financial Inc. now owns 748,236 shares of the apparel retailer’s stock valued at $211,704,000 after acquiring an additional 41,936 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the transaction, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Morgan Stanley dropped their price target on shares of lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 30th. BNP Paribas Exane upgraded shares of lululemon athletica from an “underperform” rating to a “neutral” rating and set a $146.00 target price on the stock in a research note on Monday, October 20th. TD Securities reduced their price target on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Oppenheimer restated a “market perform” rating and issued a $500.00 price objective on shares of lululemon athletica in a report on Friday, September 5th. Finally, HSBC downgraded lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 target price on the stock. in a research note on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirty have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica currently has an average rating of “Hold” and an average price target of $227.68.

lululemon athletica Trading Up 2.5%

Shares of LULU stock opened at $181.94 on Thursday. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32. The stock has a market capitalization of $21.58 billion, a P/E ratio of 12.37, a P/E/G ratio of 10.64 and a beta of 1.07. The firm’s 50 day moving average is $171.88 and its 200 day moving average is $212.91.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.24. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.15 EPS. 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, equities analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current year.

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.