9,083 Shares in lululemon athletica inc. $LULU Bought by Oak Thistle LLC

Oak Thistle LLC bought a new position in lululemon athletica inc. (NASDAQ:LULU) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 9,083 shares of the apparel retailer’s stock, valued at approximately $1,888,000.

A number of other institutional investors have also bought and sold shares of the business. Greenleaf Trust increased its stake in lululemon athletica by 16.2% in the 4th quarter. Greenleaf Trust now owns 2,694 shares of the apparel retailer’s stock worth $560,000 after buying an additional 375 shares in the last quarter. 4WEALTH Advisors Inc. increased its stake in lululemon athletica by 2.3% in the 4th quarter. 4WEALTH Advisors Inc. now owns 4,244 shares of the apparel retailer’s stock worth $882,000 after buying an additional 95 shares in the last quarter. Azzad Asset Management Inc. ADV increased its stake in lululemon athletica by 66.3% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 19,757 shares of the apparel retailer’s stock worth $4,106,000 after buying an additional 7,875 shares in the last quarter. Capital Advisors Ltd. LLC increased its stake in lululemon athletica by 27.4% in the 4th quarter. Capital Advisors Ltd. LLC now owns 363 shares of the apparel retailer’s stock worth $75,000 after buying an additional 78 shares in the last quarter. Finally, Robinhood Asset Management LLC purchased a new stake in lululemon athletica in the 4th quarter worth $5,137,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Up 3.4%

Shares of lululemon athletica stock opened at $158.86 on Thursday. The firm has a market cap of $19.18 billion, a price-to-earnings ratio of 11.94, a PEG ratio of 4.79 and a beta of 1.07. The business has a 50-day moving average price of $168.57 and a 200-day moving average price of $179.57. lululemon athletica inc. has a twelve month low of $143.96 and a twelve month high of $340.25.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share for the quarter, beating analysts’ consensus estimates of $4.78 by $0.23. The firm had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.59 billion. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The business’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business posted $6.14 earnings per share. On average, equities analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Transactions at lululemon athletica

In other news, CEO Andre Maestrini acquired 3,275 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was purchased at an average price of $151.02 per share, for a total transaction of $494,590.50. Following the completion of the transaction, the chief executive officer directly owned 34,551 shares in the company, valued at approximately $5,217,892.02. This trade represents a 10.47% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles V. Bergh acquired 6,090 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were purchased at an average price of $164.20 per share, with a total value of $999,978.00. Following the transaction, the director owned 6,090 shares of the company’s stock, valued at approximately $999,978. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. UBS Group cut their price target on lululemon athletica from $189.00 to $176.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. Piper Sandler increased their price target on lululemon athletica from $165.00 to $190.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Truist Financial cut their price target on lululemon athletica from $200.00 to $170.00 and set a “hold” rating for the company in a research note on Wednesday, March 18th. Wells Fargo & Company cut their price target on lululemon athletica from $175.00 to $150.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 18th. Finally, Jefferies Financial Group cut their price target on lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, lululemon athletica presently has a consensus rating of “Hold” and an average price target of $206.77.

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.