Clear Street Group Inc. Takes $1.45 Million Position in lululemon athletica inc. $LULU

Clear Street Group Inc. acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,980 shares of the apparel retailer’s stock, valued at approximately $1,451,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Integrated Financial Solutions Inc. bought a new position in shares of lululemon athletica during the fourth quarter valued at about $26,000. GoalVest Advisory LLC bought a new position in shares of lululemon athletica during the fourth quarter valued at about $27,000. Elyxium Wealth LLC bought a new position in shares of lululemon athletica during the fourth quarter valued at about $31,000. Murphy & Mullick Capital Management Corp grew its stake in shares of lululemon athletica by 187.5% in the third quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after purchasing an additional 105 shares during the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in shares of lululemon athletica in the fourth quarter worth about $39,000. 85.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Andre Maestrini acquired 3,275 shares of the stock in a transaction on Wednesday, April 1st. The stock was acquired at an average cost of $151.02 per share, for a total transaction of $494,590.50. Following the completion of the acquisition, the chief executive officer directly owned 34,551 shares of the company’s stock, valued at approximately $5,217,892.02. This represents a 10.47% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Nicole Neuburger sold 622 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider owned 19,156 shares of the company’s stock, valued at $3,084,116. This trade represents a 3.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.54% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Daiwa Securities Group cut their target price on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Bank of America cut their target price on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Piper Sandler cut their target price on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft cut their target price on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a research note on Monday, June 8th. Finally, BTIG Research cut lululemon athletica from a “buy” rating to a “neutral” rating in a research note on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-seven have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $154.26.

lululemon athletica Price Performance

Shares of LULU opened at $118.77 on Monday. lululemon athletica inc. has a one year low of $109.36 and a one year high of $252.24. The company has a 50-day simple moving average of $138.06 and a two-hundred day simple moving average of $168.35. The firm has a market capitalization of $14.09 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 3.78 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period last year, the business posted $2.60 earnings per share. lululemon athletica’s quarterly revenue was up 4.3% compared to the same quarter last year. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. Analysts expect that lululemon athletica inc. will post 11.26 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.