Mirae Asset Global Investments Co. Ltd. Buys 4,771 Shares of lululemon athletica inc. $LULU

Mirae Asset Global Investments Co. Ltd. grew its holdings in lululemon athletica inc. (NASDAQ:LULUFree Report) by 11.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,309 shares of the apparel retailer’s stock after acquiring an additional 4,771 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in lululemon athletica were worth $8,240,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in LULU. Blue Trust Inc. lifted its position in shares of lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after buying an additional 61 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new position in lululemon athletica during the 2nd quarter valued at $30,000. Tradewinds Capital Management LLC lifted its holdings in lululemon athletica by 18,400.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock valued at $33,000 after buying an additional 184 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in lululemon athletica by 464.0% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 116 shares in the last quarter. Finally, Cromwell Holdings LLC grew its holdings in lululemon athletica by 89.9% during the 3rd quarter. Cromwell Holdings LLC now owns 207 shares of the apparel retailer’s stock worth $37,000 after acquiring an additional 98 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the firm’s 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 sale, the insider directly owned 5,318 shares in the company, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.54% of the stock is owned by corporate insiders.

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lululemon athletica Trading Up 1.1%

LULU stock opened at $174.50 on Friday. The company has a market capitalization of $20.47 billion, a price-to-earnings ratio of 12.09, a price-to-earnings-growth ratio of 10.65 and a beta of 1.01. The firm’s 50-day moving average is $197.42 and its two-hundred day moving average is $188.91. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $422.87.

lululemon athletica (NASDAQ:LULUGet Free Report) 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. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The company’s revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company earned $2.53 earnings per share. 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, equities research analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on LULU shares. Jefferies Financial Group lowered their price objective on shares of lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a research note on Friday. Robert W. Baird increased their price target on shares of lululemon athletica from $195.00 to $210.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Raymond James Financial reiterated a “strong-buy” rating on shares of lululemon athletica in a research note on Thursday, January 22nd. Daiwa Capital Markets boosted their price target on shares of lululemon athletica from $174.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, December 16th. Finally, BNP Paribas Exane dropped their price target on lululemon athletica from $230.00 to $206.00 and set a “neutral” rating on the stock in a research note on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, lululemon athletica has an average rating of “Hold” and a consensus price target of $227.05.

Read Our Latest Research Report on LULU

lululemon athletica Profile

(Free Report)

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.

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Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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