lululemon athletica inc. $LULU Stake Lifted by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC lifted its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 218.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 78,757 shares of the apparel retailer’s stock after acquiring an additional 54,000 shares during the quarter. lululemon athletica comprises about 1.0% of Quinn Opportunity Partners LLC’s investment portfolio, making the stock its 19th biggest holding. Quinn Opportunity Partners LLC owned 0.07% of lululemon athletica worth $14,013,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC lifted its position in 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 period. Murphy & Mullick Capital Management Corp increased its position in shares of lululemon athletica by 187.5% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock valued at $27,000 after purchasing an additional 105 shares during the period. Tradewinds Capital Management LLC raised its stake in shares of 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 in the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake 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 in the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in shares of lululemon athletica by 129.4% in 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. Institutional investors own 85.20% of the company’s stock.

Insider Buying and Selling at lululemon athletica

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 shares were sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the sale, the insider owned 5,318 shares in the company, valued at $1,084,872. The trade was a 71.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.

lululemon athletica Trading Down 0.3%

Shares of LULU opened at $157.78 on Friday. The business’s 50-day moving average price is $184.18 and its 200 day moving average price is $182.53. The stock has a market capitalization of $18.51 billion, a P/E ratio of 10.93, a P/E/G ratio of 9.96 and a beta of 1.00. lululemon athletica inc. has a 1-year low of $156.64 and a 1-year high of $348.50.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 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 analyst estimates of $2.48 billion. During the same period in the prior year, the firm earned $2.53 earnings per share. The business’s quarterly revenue was up 7.1% on a year-over-year basis. On average, research analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on LULU shares. Jefferies Financial Group dropped their price target on shares of lululemon athletica from $200.00 to $185.00 and set a “hold” rating on the stock in a research report on Friday, January 30th. Wells Fargo & Company raised their price objective on shares of lululemon athletica from $160.00 to $175.00 and gave the company an “equal weight” rating in a research report on Friday, December 12th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $215.00 price objective on shares of lululemon athletica in a research note on Tuesday. UBS Group dropped their target price on shares of lululemon athletica from $206.00 to $189.00 and set a “neutral” rating on the stock in a report on Monday, March 9th. Finally, Daiwa Securities Group increased their target price on shares of lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, December 16th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and a consensus price target of $223.40.

lululemon athletica News Summary

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Product and brand strength highlighted in lifestyle coverage supports demand resilience for lululemon’s core apparel and technical leggings, reinforcing the company’s premium positioning. I work out daily—Lululemon, Brooks, Vuori and more keep me cool and comfortable while in motion
• Positive Sentiment: Coverage that includes LULU among “cash-producing” stocks underscores the company’s ability to generate cash, a plus for flexibility on buybacks, investment or weathering slower comps. 3 Cash-Producing Stocks to Research Further
• Neutral Sentiment: Quarterly outlook and estimate roundups (Wall Street metrics for Q4/FY) provide detail investors will watch for signs of margin recovery, wholesale trends and Outerknown/men’s/growth initiatives; these are informational but could move the stock when compared to company guidance. Unveiling Lululemon (LULU) Q4 Outlook: Wall Street Estimates for Key Metrics
• Negative Sentiment: Founder Chip Wilson publicly urged CEO candidates to beware an “unfit” board and called for board refreshment, escalating governance concerns during the CEO search; as a large shareholder, his comments raise investor uncertainty about leadership, strategy continuity and potential proxy tensions. Chip Wilson to lululemon CEO Candidates: Beware a Board Unfit to Support Visionary Leadership
• Negative Sentiment: Telsey Advisory Group assigned a Market Perform rating, which signals tepid near-term expectations from a sell-side perspective and can weigh on sentiment until clearer evidence of top-line acceleration or margin improvement appears. lululemon athletica (NASDAQ:LULU) Earns Market Perform Rating from Telsey Advisory Group

lululemon athletica Company 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.