Raiffeisen Bank International AG Sells 75,539 Shares of lululemon athletica inc. $LULU

Raiffeisen Bank International AG decreased its position in lululemon athletica inc. (NASDAQ:LULU) by 88.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,434 shares of the apparel retailer’s stock after selling 75,539 shares during the quarter. Raiffeisen Bank International AG’s holdings in lululemon athletica were worth $1,690,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Cornerstone Planning Group LLC grew its stake in shares of lululemon athletica by 81.9% in the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after purchasing an additional 68 shares during the last quarter. Murphy & Mullick Capital Management Corp lifted its holdings in lululemon athletica by 187.5% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after buying an additional 105 shares during the period. Tradewinds Capital Management LLC lifted its holdings in lululemon athletica by 18,400.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock worth $33,000 after buying an additional 184 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of lululemon athletica by 464.0% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock worth $34,000 after buying an additional 116 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its stake in shares of lululemon athletica by 129.4% during the third quarter. Golden State Wealth Management LLC now owns 195 shares of the apparel retailer’s stock valued at $35,000 after buying an additional 110 shares during the period. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on LULU. Robert W. Baird raised their price target on lululemon athletica from $195.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. BTIG Research reissued a “buy” rating on shares of lululemon athletica in a research report on Thursday, January 22nd. Evercore raised their target price on shares of lululemon athletica from $180.00 to $215.00 in a research report on Friday, December 12th. BNP Paribas Exane cut their target price on shares of lululemon athletica from $230.00 to $206.00 and set a “neutral” rating on the stock in a research note on Friday, January 23rd. Finally, Daiwa Securities Group boosted their price target on shares of lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $227.05.

Insider Activity

In other news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the sale, the insider directly owned 5,318 shares of the company’s stock, valued at $1,084,872. The trade was a 71.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

NASDAQ:LULU opened at $187.30 on Friday. The firm’s 50-day moving average price is $195.32 and its 200-day moving average price is $184.96. The company has a market capitalization of $21.97 billion, a PE ratio of 12.98, a P/E/G ratio of 11.79 and a beta of 1.01. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $372.66.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same period last year, the company posted $2.53 EPS. lululemon athletica’s revenue was up 7.1% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. Equities analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

lululemon athletica Profile

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.