Cwm LLC Sells 4,984 Shares of lululemon athletica inc. $LULU

Cwm LLC cut its stake in lululemon athletica inc. (NASDAQ:LULU) by 35.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,167 shares of the apparel retailer’s stock after selling 4,984 shares during the quarter. Cwm LLC’s holdings in lululemon athletica were worth $1,631,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC boosted its position in 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 purchasing an additional 413,062 shares in the last quarter. Invesco Ltd. raised its holdings 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 purchasing an additional 322,816 shares in the last quarter. Flossbach Von Storch SE lifted its position in shares of lululemon athletica by 17.0% during the second quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer’s stock valued at $389,683,000 after buying an additional 238,332 shares during the last quarter. Mawer Investment Management Ltd. boosted its holdings in shares of lululemon athletica by 2.8% in the 2nd quarter. Mawer Investment Management Ltd. now owns 1,359,440 shares of the apparel retailer’s stock valued at $322,976,000 after buying an additional 36,664 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of lululemon athletica by 10.3% in the 2nd quarter. Franklin Resources Inc. now owns 1,055,574 shares of the apparel retailer’s stock valued at $250,783,000 after buying an additional 98,439 shares in the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on LULU shares. The Goldman Sachs Group boosted their price objective on shares of lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. BTIG Research reiterated a “buy” rating and set a $303.00 price objective on shares of lululemon athletica in a report on Friday, December 12th. Hsbc Global Res downgraded lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 11th. Dbs Bank reduced their target price on lululemon athletica from $165.00 to $134.00 in a research report on Friday, September 19th. Finally, KeyCorp downgraded lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty-two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, lululemon athletica currently has an average rating of “Hold” and an average price target 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 shares were sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the sale, the insider directly owned 5,318 shares in the company, valued at approximately $1,084,872. The trade was a 71.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica Stock Performance

lululemon athletica stock opened at $210.81 on Monday. The business’s 50-day simple moving average is $185.67 and its two-hundred day simple moving average is $193.87. The company has a market cap of $24.73 billion, a PE ratio of 14.61, a PEG ratio of 13.00 and a beta of 1.01. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32.

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, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $2.48 billion. During the same period last year, the business posted $2.53 earnings per share. The company’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. As a group, analysts predict that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

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.