Meeder Asset Management Inc. Sells 9,253 Shares of lululemon athletica inc. $LULU

Meeder Asset Management Inc. lowered its stake in lululemon athletica inc. (NASDAQ:LULU) by 95.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 428 shares of the apparel retailer’s stock after selling 9,253 shares during the period. Meeder Asset Management Inc.’s holdings in lululemon athletica were worth $66,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of lululemon athletica during the 4th quarter valued at about $362,598,000. Boston Partners acquired a new stake in lululemon athletica in the 4th quarter worth approximately $304,875,000. Invesco Ltd. lifted its holdings in lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after purchasing an additional 490,127 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in lululemon athletica by 77.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock worth $203,457,000 after purchasing an additional 426,860 shares during the period. Finally, Contrarius Group Holdings Ltd bought a new stake in lululemon athletica during the fourth quarter worth approximately $86,441,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Down 2.8%

Shares of NASDAQ LULU opened at $113.37 on Thursday. lululemon athletica inc. has a 12 month low of $104.44 and a 12 month high of $226.24. The company has a market cap of $13.45 billion, a P/E ratio of 9.15, a P/E/G ratio of 3.82 and a beta of 0.88. The business’s 50 day moving average is $119.04 and its two-hundred day moving average is $152.10.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.02. The company had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.lululemon athletica’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the business earned $2.60 earnings per share. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. Sell-side analysts expect that lululemon athletica inc. will post 10.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Charles V. Bergh purchased 4,275 shares of lululemon athletica stock in a transaction on Monday, June 15th. The stock was purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the acquisition, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on LULU. Bank of America dropped their price target on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. BTIG Research downgraded shares of lululemon athletica from a “buy” rating to a “neutral” rating in a report on Friday, June 5th. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 10th. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. Finally, Daiwa Securities Group cut their target price on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $148.35.

About lululemon athletica

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.