Hantz Financial Services Inc. Sells 19,782 Shares of lululemon athletica inc. $LULU

Hantz Financial Services Inc. cut its stake in lululemon athletica inc. (NASDAQ:LULU) by 96.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 709 shares of the apparel retailer’s stock after selling 19,782 shares during the quarter. Hantz Financial Services Inc.’s holdings in lululemon athletica were worth $126,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new position in lululemon athletica during the second quarter worth about $217,344,000. Pacer Advisors Inc. boosted its stake in lululemon athletica by 2,598.9% in the third quarter. Pacer Advisors Inc. now owns 475,957 shares of the apparel retailer’s stock worth $84,687,000 after buying an additional 458,322 shares in the last quarter. 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 buying an additional 413,062 shares during the period. Invesco Ltd. boosted its holdings in lululemon athletica by 23.3% during the 2nd quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock valued at $406,363,000 after acquiring an additional 322,816 shares during the period. Finally, Flossbach Von Storch SE boosted its stake in shares of lululemon athletica by 17.7% during the third quarter. Flossbach Von Storch SE now owns 1,930,831 shares of the apparel retailer’s stock valued at $343,553,000 after purchasing an additional 290,614 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Buying and Selling

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 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 in the company, valued at $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on LULU shares. Bank of America increased their price objective on lululemon athletica from $185.00 to $220.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Robert W. Baird raised their price target on lululemon athletica from $195.00 to $210.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Jefferies Financial Group reduced their price target on shares of lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a research report on Friday, January 30th. Piper Sandler boosted their target price on lululemon athletica from $165.00 to $190.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Evercore raised their price target on lululemon athletica from $180.00 to $215.00 in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $227.05.

lululemon athletica Stock Up 2.8%

NASDAQ LULU opened at $180.62 on Wednesday. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $403.21. The business has a 50-day moving average price of $196.77 and a 200-day moving average price of $186.22. The firm has a market cap of $21.19 billion, a price-to-earnings ratio of 12.52, a price-to-earnings-growth ratio of 11.10 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.37. The firm had revenue of $2.57 billion for 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 for the quarter was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $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. Research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

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.