Holistic Financial Partners Sells 44 Shares of Lululemon Athletica Inc. (NASDAQ:LULU)

Holistic Financial Partners lowered its position in Lululemon Athletica Inc. (NASDAQ:LULU) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,581 shares of the apparel retailer’s stock after selling 44 shares during the period. Holistic Financial Partners’ holdings in Lululemon Athletica were worth $605,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Crestwood Advisors Group LLC boosted its holdings in Lululemon Athletica by 12.8% in the fourth quarter. Crestwood Advisors Group LLC now owns 1,574 shares of the apparel retailer’s stock worth $602,000 after acquiring an additional 178 shares in the last quarter. RPG Investment Advisory LLC boosted its holdings in Lululemon Athletica by 1.2% in the fourth quarter. RPG Investment Advisory LLC now owns 28,333 shares of the apparel retailer’s stock worth $10,835,000 after acquiring an additional 328 shares in the last quarter. Capital Advisors Ltd. LLC boosted its holdings in Lululemon Athletica by 9.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 325 shares of the apparel retailer’s stock worth $124,000 after acquiring an additional 28 shares in the last quarter. Midwest Capital Advisors LLC bought a new position in Lululemon Athletica in the fourth quarter worth approximately $164,000. Finally, Union Bancaire Privee UBP SA bought a new position in Lululemon Athletica in the fourth quarter worth approximately $2,360,000. Institutional investors own 85.20% of the company’s stock.

Analyst Ratings Changes

LULU has been the topic of several recent research reports. BMO Capital Markets increased their price target on Lululemon Athletica from $265.00 to $302.00 and gave the stock a “market perform” rating in a report on Friday, December 6th. Truist Financial lifted their target price on Lululemon Athletica from $420.00 to $460.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Wells Fargo & Company lifted their target price on Lululemon Athletica from $350.00 to $375.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 15th. Telsey Advisory Group lifted their target price on Lululemon Athletica from $430.00 to $445.00 and gave the company an “outperform” rating in a research report on Tuesday, January 14th. Finally, KeyCorp lifted their target price on Lululemon Athletica from $400.00 to $420.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and twenty have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $399.14.

Insider Buying and Selling at Lululemon Athletica

In other Lululemon Athletica news, insider Celeste Burgoyne sold 24,870 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $405.54, for a total value of $10,085,779.80. Following the sale, the insider now directly owns 12,429 shares in the company, valued at $5,040,456.66. The trade was a 66.68 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Nicole Neuburger sold 2,022 shares of the business’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $387.11, for a total value of $782,736.42. Following the completion of the sale, the insider now owns 6,198 shares in the company, valued at approximately $2,399,307.78. The trade was a 24.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.48% of the company’s stock.

Lululemon Athletica Price Performance

Shares of LULU opened at $358.97 on Monday. The firm has a market cap of $43.72 billion, a PE ratio of 25.92, a PEG ratio of 2.22 and a beta of 1.19. The stock’s fifty day moving average price is $388.35 and its two-hundred day moving average price is $325.86. Lululemon Athletica Inc. has a 1 year low of $226.01 and a 1 year high of $480.94.

Lululemon Athletica (NASDAQ:LULU) last issued its earnings results on Thursday, December 5th. The apparel retailer reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.18. The firm had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.36 billion. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The business’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the company posted $2.53 earnings per share. Sell-side analysts anticipate that Lululemon Athletica Inc. will post 14.36 earnings per share for the current fiscal 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.