Country Club Bank Decreases Stock Holdings in lululemon athletica inc. $LULU

Country Club Bank reduced its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 65.6% in the third quarter, HoldingsChannel.com reports. The firm owned 2,772 shares of the apparel retailer’s stock after selling 5,290 shares during the period. Country Club Bank’s holdings in lululemon athletica were worth $496,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Norges Bank bought a new position in lululemon athletica during the 2nd quarter valued at approximately $217,344,000. T. Rowe Price Investment Management Inc. increased its stake in shares of lululemon athletica by 151.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock valued at $218,052,000 after buying an additional 464,186 shares during the period. Geode Capital Management LLC increased its stake in shares of lululemon athletica by 16.2% during the second quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after buying an additional 413,062 shares during the period. Alliancebernstein L.P. raised its holdings in shares of lululemon athletica by 9.0% during the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after acquiring an additional 394,706 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in lululemon athletica by 23.3% in the second quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock worth $406,363,000 after acquiring an additional 322,816 shares during the period. 85.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LULU has been the topic of a number of research analyst reports. KeyCorp downgraded shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 9th. Hsbc Global Res lowered shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 11th. TD Securities decreased their price target on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a research note on Friday, September 5th. William Blair lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday, September 5th. Finally, Oppenheimer reiterated a “market perform” rating and set a $500.00 target price on shares of lululemon athletica in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-two have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $228.19.

lululemon athletica Stock Performance

Shares of LULU opened at $215.11 on Friday. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The firm’s 50-day simple moving average is $177.29 and its two-hundred day simple moving average is $199.76. The stock has a market cap of $25.51 billion, a PE ratio of 14.91, a price-to-earnings-growth ratio of 12.83 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.48 billion. During the same period in the previous year, the firm posted $2.53 EPS. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. 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 predict that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Buying and Selling at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider directly owned 5,318 shares in the company, valued at $1,084,872. This trade represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the transaction, the insider owned 8,993 shares in the company, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.54% of the stock is owned by company insiders.

About lululemon athletica

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.