Rep. Jefferson Shreve Sells Lululemon Athletica Inc. (NASDAQ:LULU) Stock

Representative Jefferson Shreve (R-Indiana) recently sold shares of Lululemon Athletica Inc. (NASDAQ:LULU). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lululemon Athletica stock on April 17th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

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

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.

Lululemon Athletica Price Performance

Shares of Lululemon Athletica stock opened at $279.89 on Friday. The company’s 50 day moving average price is $288.50 and its two-hundred day moving average price is $337.17. The firm has a market capitalization of $33.77 billion, a P/E ratio of 20.21, a P/E/G ratio of 2.22 and a beta of 1.30. Lululemon Athletica Inc. has a fifty-two week low of $226.01 and a fifty-two week high of $423.32.

Lululemon Athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share for the quarter, beating the consensus estimate of $5.85 by $0.29. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The company had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same quarter last year, the business posted $5.29 EPS. Lululemon Athletica’s revenue for the quarter was up 12.3% on a year-over-year basis. On average, analysts expect that Lululemon Athletica Inc. will post 14.36 earnings per share for the current year.

Institutional Investors Weigh In On Lululemon Athletica

Several hedge funds and other institutional investors have recently made changes to their positions in LULU. Investment Partners Asset Management Inc. bought a new stake in Lululemon Athletica during the 4th quarter worth approximately $275,000. Nutshell Asset Management Ltd purchased a new stake in Lululemon Athletica in the 4th quarter valued at $956,000. Lebenthal Global Advisors LLC lifted its stake in Lululemon Athletica by 138.1% during the 4th quarter. Lebenthal Global Advisors LLC now owns 2,698 shares of the apparel retailer’s stock valued at $1,032,000 after acquiring an additional 1,565 shares in the last quarter. Montag A & Associates Inc. boosted its holdings in Lululemon Athletica by 495.1% during the 4th quarter. Montag A & Associates Inc. now owns 4,255 shares of the apparel retailer’s stock worth $1,627,000 after acquiring an additional 3,540 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. bought a new stake in shares of Lululemon Athletica in the 4th quarter worth $17,775,000. 85.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

LULU has been the subject of a number of research reports. Citigroup dropped their price objective on shares of Lululemon Athletica from $330.00 to $275.00 and set a “neutral” rating for the company in a report on Monday, April 28th. JPMorgan Chase & Co. cut their price target on shares of Lululemon Athletica from $391.00 to $389.00 and set an “overweight” rating on the stock in a report on Monday, April 14th. Bank of America lowered their target price on Lululemon Athletica from $480.00 to $400.00 and set a “buy” rating for the company in a research report on Friday, March 28th. UBS Group cut their target price on Lululemon Athletica from $376.00 to $335.00 and set a “neutral” rating on the stock in a report on Friday, March 28th. Finally, Telsey Advisory Group decreased their price target on Lululemon Athletica from $445.00 to $385.00 and set an “outperform” rating for the company in a research note on Friday, March 28th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $369.86.

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 [email protected] 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.

About Lululemon Athletica

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.