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Lululemon Athletica inc. (NASDAQ:LULU) VP Delaney Schweitzer sold 19,146 shares of the company’s stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $40.36, for a total value of $772,732.56. Following the transaction, the vice president now directly owns 134 shares of the company’s stock, valued at approximately $5,408. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Lululemon Athletica inc. (NASDAQ:LULU) traded up 0.15% during mid-day trading on Monday, hitting $40.48. 2,441,767 shares of the company’s stock traded hands. Lululemon Athletica inc. has a one year low of $36.26 and a one year high of $77.75. The stock has a 50-day moving average of $42.80 and a 200-day moving average of $48.70. The company has a market cap of $5.888 billion and a P/E ratio of 23.50. Lululemon Athletica inc. also was the target of a significant increase in short interest in June. As of June 13th, there was short interest totalling 27,526,592 shares, an increase of 10.2% from the May 30th total of 24,980,920 shares. Based on an average trading volume of 7,902,760 shares, the short-interest ratio is presently 3.5 days. Currently, 26.3% of the company’s stock are short sold.

Lululemon Athletica inc. (NASDAQ:LULU) last announced its earnings results on Thursday, June 12th. The company reported $0.13 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.32 by $0.19. The company had revenue of $384.60 million for the quarter, compared to the consensus estimate of $381.21 million. During the same quarter last year, the company posted $0.32 earnings per share. Lululemon Athletica inc.’s revenue was up 11.2% compared to the same quarter last year. On average, analysts predict that Lululemon Athletica inc. will post $1.74 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on LULU shares. Analysts at Oppenheimer cut their price target on shares of Lululemon Athletica inc. from $63.00 to $53.00 in a research note on Monday, June 16th. They now have an “outperform” rating on the stock. Separately, analysts at Telsey Advisory Group cut their price target on shares of Lululemon Athletica inc. from $61.00 to $45.00 in a research note on Friday, June 13th. They now have a “not rated” rating on the stock. Finally, analysts at Morgan Stanley upgraded shares of Lululemon Athletica inc. from an “underweight” rating to an “equal weight” rating in a research note on Friday, June 13th. They now have a $28.00 price target on the stock, up previously from $24.00. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $48.42.

lululemon athletica inc. is a designer and retailer of technical athletic apparel operating primarily in North America and Australia.

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