Prime Capital Investment Advisors LLC Trims Stock Holdings in lululemon athletica inc. $LULU

Prime Capital Investment Advisors LLC cut its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 84.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,979 shares of the apparel retailer’s stock after selling 22,407 shares during the period. Prime Capital Investment Advisors LLC’s holdings in lululemon athletica were worth $708,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its position in lululemon athletica by 9.1% during the 2nd quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 600 shares of the apparel retailer’s stock worth $143,000 after purchasing an additional 50 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of lululemon athletica by 15.4% during the second quarter. Westside Investment Management Inc. now owns 420 shares of the apparel retailer’s stock worth $100,000 after buying an additional 56 shares during the period. Twin Capital Management Inc. grew its holdings in shares of lululemon athletica by 1.6% during the second quarter. Twin Capital Management Inc. now owns 3,734 shares of the apparel retailer’s stock worth $887,000 after buying an additional 58 shares during the last quarter. MGO One Seven LLC grew its holdings in shares of lululemon athletica by 4.5% during the third quarter. MGO One Seven LLC now owns 1,340 shares of the apparel retailer’s stock worth $238,000 after buying an additional 58 shares during the last quarter. Finally, Blue Trust Inc. increased its position in lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 61 shares during the period. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Trading Up 1.6%

Shares of LULU opened at $175.68 on Tuesday. The firm’s 50-day moving average is $196.80 and its two-hundred day moving average is $186.50. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $403.21. The firm has a market capitalization of $20.61 billion, a P/E ratio of 12.17, a PEG ratio of 10.92 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 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 business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.48 billion. During the same quarter in the previous year, the company earned $2.53 EPS. The company’s quarterly 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. Analysts predict that lululemon athletica inc. will post 14.36 EPS for the current year.

Analyst Ratings Changes

LULU has been the subject of a number of recent research reports. Raymond James Financial reaffirmed a “strong-buy” rating on shares of lululemon athletica in a research report on Thursday, January 22nd. Jefferies Financial Group cut their price target on lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a research note on Friday, January 30th. JPMorgan Chase & Co. increased their price target on lululemon athletica from $203.00 to $209.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price objective on the stock. in a research report on Thursday, October 16th. Finally, BNP Paribas Exane cut their price objective on shares of lululemon athletica from $230.00 to $206.00 and set a “neutral” rating for the company in a research report on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $227.05.

Insider Buying and Selling at lululemon athletica

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

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.