Chico Wealth RIA Boosts Stock Position in Lulu’s Fashion Lounge Holdings, Inc. $LVLU

Chico Wealth RIA grew its holdings in Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) by 69.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 171,707 shares of the company’s stock after buying an additional 70,275 shares during the quarter. Lulu’s Fashion Lounge accounts for 0.6% of Chico Wealth RIA’s investment portfolio, making the stock its 13th largest position. Chico Wealth RIA owned about 6.19% of Lulu’s Fashion Lounge worth $896,000 as of its most recent SEC filing.

Analysts Set New Price Targets

A number of equities analysts have weighed in on LVLU shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Lulu’s Fashion Lounge in a research note on Wednesday, April 8th. Wall Street Zen raised Lulu’s Fashion Lounge to a “hold” rating in a research note on Saturday, February 28th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lulu’s Fashion Lounge has an average rating of “Sell”.

Lulu’s Fashion Lounge Trading Down 6.3%

LVLU opened at $8.18 on Thursday. The stock’s 50-day moving average price is $10.20 and its 200 day moving average price is $10.90. Lulu’s Fashion Lounge Holdings, Inc. has a 12-month low of $2.98 and a 12-month high of $32.32. The firm has a market cap of $23.39 million, a price-to-earnings ratio of -2.34 and a beta of 0.37.

Lulu’s Fashion Lounge (NASDAQ:LVLU) last issued its quarterly earnings results on Wednesday, May 13th. The company reported ($1.44) earnings per share for the quarter, topping the consensus estimate of ($1.80) by $0.36. Lulu’s Fashion Lounge had a negative return on equity of 423.50% and a negative net margin of 3.56%.The company had revenue of $57.53 million for the quarter, compared to the consensus estimate of $64.16 million.

About Lulu’s Fashion Lounge

Lulu’s Fashion Lounge, Inc is a publicly traded e-commerce apparel retailer that specializes in women’s fashion. Headquartered in Chico, California, the company operates under the “Lulus” brand, offering a curated selection of apparel, footwear and accessories designed to meet the trends and needs of a diverse female audience. Since completing its initial public offering and listing on the NASDAQ under the ticker symbol LVLU, Lulu’s has focused on expanding its direct-to-consumer business model and enhancing its online platform to drive global reach.

The company’s core product portfolio includes dresses, tops, denim, swimwear, jumpsuits and outerwear, complemented by a range of shoes, jewelry and handbags.