lululemon athletica inc. $LULU Shares Purchased by Park Place Capital Corp

Park Place Capital Corp grew its position in lululemon athletica inc. (NASDAQ:LULU) by 22,160.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,452 shares of the apparel retailer’s stock after buying an additional 4,432 shares during the quarter. Park Place Capital Corp’s holdings in lululemon athletica were worth $792,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Eagle Strategies LLC lifted its stake in lululemon athletica by 32.2% in the third quarter. Eagle Strategies LLC now owns 3,880 shares of the apparel retailer’s stock worth $690,000 after acquiring an additional 945 shares during the last quarter. Proffitt & Goodson Inc. raised its holdings in shares of lululemon athletica by 56.7% in the 3rd quarter. Proffitt & Goodson Inc. now owns 3,575 shares of the apparel retailer’s stock valued at $636,000 after purchasing an additional 1,294 shares in the last quarter. Tradewinds Capital Management LLC lifted its position in shares of lululemon athletica by 18,400.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock worth $33,000 after purchasing an additional 184 shares during the last quarter. SteelPeak Wealth LLC acquired a new position in shares of lululemon athletica during the third quarter worth $211,000. Finally, Generali Asset Management SPA SGR increased its holdings in lululemon athletica by 28.3% in the third quarter. Generali Asset Management SPA SGR now owns 21,338 shares of the apparel retailer’s stock valued at $3,797,000 after buying an additional 4,707 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Stock Up 1.4%

lululemon athletica stock opened at $210.81 on Monday. The firm has a market capitalization of $24.73 billion, a PE ratio of 14.61, a P/E/G ratio of 13.00 and a beta of 1.01. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32. The firm’s 50-day simple moving average is $185.67 and its 200 day simple moving average is $193.87.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $2.48 billion. During the same quarter in the prior year, the company earned $2.53 EPS. lululemon athletica’s revenue was up 7.1% on a year-over-year basis. 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. On average, research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on LULU shares. BNP Paribas Exane increased their price objective on lululemon athletica from $146.00 to $230.00 and gave the company a “neutral” rating in a report on Friday, December 12th. The Goldman Sachs Group raised their price objective on shares of lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Zacks Research upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Daiwa Capital Markets boosted their price objective on shares of lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, December 16th. Finally, Hsbc Global Res lowered lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, lululemon athletica has an average rating of “Hold” and an average price target of $228.19.

Insider Buying and Selling at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

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.