HS Management Partners LLC Sells 22,784 Shares of lululemon athletica inc. $LULU

HS Management Partners LLC decreased its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 18.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 102,750 shares of the apparel retailer’s stock after selling 22,784 shares during the period. lululemon athletica makes up approximately 2.4% of HS Management Partners LLC’s portfolio, making the stock its 24th largest position. HS Management Partners LLC’s holdings in lululemon athletica were worth $18,282,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Flaharty Asset Management LLC acquired a new position in lululemon athletica during the first quarter worth $29,000. Blue Trust Inc. lifted its holdings in lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in lululemon athletica during the second quarter worth approximately $30,000. Tradewinds Capital Management LLC raised its position in shares of lululemon athletica by 18,400.0% in the third quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock valued at $33,000 after purchasing an additional 184 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in shares of lululemon athletica by 464.0% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analyst Ratings Changes

LULU has been the topic of several recent analyst reports. Barclays lifted their target price on shares of lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a report on Friday, December 12th. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft initiated coverage on lululemon athletica in a research report on Thursday. They set a “hold” rating for the company. Morgan Stanley cut their price target on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating for the company in a report on Tuesday, September 30th. Finally, Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 target price on the stock. in a research report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $228.19.

Insider Buying and Selling

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of lululemon athletica stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the sale, the insider directly owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. The trade was a 71.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Price Performance

Shares of LULU stock opened at $212.17 on Friday. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32. The stock has a fifty day moving average price of $188.72 and a 200 day moving average price of $193.93. The stock has a market cap of $24.89 billion, a P/E ratio of 14.70, a price-to-earnings-growth ratio of 13.06 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data 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 quarter in the prior year, the company posted $2.53 EPS. The business’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 research analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current 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.