Bwcp LP Sells 11,153 Shares of lululemon athletica inc. $LULU

Bwcp LP lowered its position in lululemon athletica inc. (NASDAQ:LULU) by 17.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,109 shares of the apparel retailer’s stock after selling 11,153 shares during the period. lululemon athletica comprises 2.9% of Bwcp LP’s holdings, making the stock its 20th largest position. Bwcp LP’s holdings in lululemon athletica were worth $14,467,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of lululemon athletica by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer’s stock valued at $3,755,337,000 after buying an additional 157,764 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of lululemon athletica by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock valued at $1,418,389,000 after buying an additional 162,295 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of lululemon athletica by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after buying an additional 394,706 shares in the last quarter. Flossbach Von Storch SE increased its position in shares of lululemon athletica by 10.3% in the 1st quarter. Flossbach Von Storch SE now owns 1,401,885 shares of the apparel retailer’s stock valued at $396,818,000 after buying an additional 130,565 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of lululemon athletica by 7.2% in the 1st quarter. Invesco Ltd. now owns 1,387,609 shares of the apparel retailer’s stock valued at $392,777,000 after buying an additional 93,530 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

Insider Activity at lululemon athletica

In other news, CEO Calvin Mcdonald sold 27,049 shares of the stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the completion of the transaction, the chief executive officer directly owned 110,564 shares in the company, valued at $26,058,829.16. This represents a 19.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Price Performance

lululemon athletica stock opened at $200.21 on Wednesday. The firm has a 50-day moving average of $215.15 and a 200-day moving average of $269.09. lululemon athletica inc. has a one year low of $185.95 and a one year high of $423.32. The company has a market cap of $24.00 billion, a price-to-earnings ratio of 13.56, a P/E/G ratio of 1.74 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, June 5th. The apparel retailer reported $2.60 EPS for the quarter, hitting analysts’ consensus estimates of $2.60. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. The company had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the prior year, the business posted $2.54 EPS. The company’s quarterly revenue was up 7.3% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS. As a group, sell-side analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analyst Ratings Changes

LULU has been the subject of a number of recent analyst reports. KeyCorp lowered their price objective on shares of lululemon athletica from $400.00 to $350.00 and set an “overweight” rating for the company in a research report on Friday, June 6th. TD Securities reduced their target price on shares of lululemon athletica from $321.00 to $298.00 and set a “buy” rating for the company in a research note on Monday, August 18th. UBS Group reduced their target price on shares of lululemon athletica from $290.00 to $240.00 and set a “neutral” rating for the company in a research note on Monday, August 18th. Needham & Company LLC reduced their target price on shares of lululemon athletica from $317.00 to $238.00 and set a “buy” rating for the company in a research note on Friday, August 29th. Finally, Robert W. Baird reduced their target price on shares of lululemon athletica from $340.00 to $260.00 and set an “outperform” rating for the company in a research note on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica presently has an average rating of “Moderate Buy” and an average target price of $303.83.

About lululemon athletica

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.