lululemon athletica inc. $LULU Shares Sold by Freestone Capital Holdings LLC

by · The Markets Daily

Freestone Capital Holdings LLC reduced its stake in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 80.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,702 shares of the apparel retailer’s stock after selling 6,915 shares during the period. Freestone Capital Holdings LLC’s holdings in lululemon athletica were worth $404,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. K.J. Harrison & Partners Inc raised its stake in lululemon athletica by 100.1% in the second quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock valued at $1,426,000 after buying an additional 3,002 shares in the last quarter. Westside Investment Management Inc. raised its stake in lululemon athletica by 15.4% in the second quarter. Westside Investment Management Inc. now owns 420 shares of the apparel retailer’s stock valued at $100,000 after buying an additional 56 shares in the last quarter. Intellectus Partners LLC raised its stake in lululemon athletica by 79.9% in the second quarter. Intellectus Partners LLC now owns 7,323 shares of the apparel retailer’s stock valued at $1,740,000 after buying an additional 3,253 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co raised its stake in lululemon athletica by 2.6% in the second quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 14,736 shares of the apparel retailer’s stock valued at $3,501,000 after buying an additional 369 shares in the last quarter. Finally, South Dakota Investment Council acquired a new stake in lululemon athletica in the second quarter valued at $456,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Stock Down 2.9%

NASDAQ LULU opened at $160.66 on Wednesday. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $423.32. The business’s 50-day moving average price is $175.72 and its 200 day moving average price is $223.98. The firm has a market cap of $19.05 billion, a P/E ratio of 10.92, a P/E/G ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter last year, the company posted $3.15 earnings per share. The business’s revenue was up 6.5% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Activity

In related news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the transaction, the insider owned 8,993 shares of the company’s stock, valued at $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.54% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on LULU shares. William Blair cut lululemon athletica from an “outperform” rating to a “market perform” rating in a research note on Friday, September 5th. Stifel Nicolaus restated a “hold” rating and issued a $205.00 price target (down from $324.00) on shares of lululemon athletica in a research note on Friday, September 5th. Jefferies Financial Group restated an “underperform” rating on shares of lululemon athletica in a research note on Monday, October 27th. Barclays dropped their price objective on lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, September 5th. Finally, Sanford C. Bernstein lowered lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price objective on the stock. in a report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twenty-nine have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $228.42.

Check Out Our Latest Research Report on LULU

lululemon athletica Profile

(Free Report)

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.

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