7,657 Shares in lululemon athletica inc. $LULU Bought by Spartan Wealth Advisory Services LLC

Spartan Wealth Advisory Services LLC bought a new position in shares of lululemon athletica inc. (NASDAQ:LULUFree Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,657 shares of the apparel retailer’s stock, valued at approximately $1,172,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kera Capital Partners Inc. raised its holdings in lululemon athletica by 55.3% during the 1st quarter. Kera Capital Partners Inc. now owns 2,743 shares of the apparel retailer’s stock worth $420,000 after buying an additional 977 shares during the period. Assetmark Inc. boosted its holdings in shares of lululemon athletica by 7.2% in the first quarter. Assetmark Inc. now owns 2,922 shares of the apparel retailer’s stock worth $447,000 after buying an additional 197 shares during the period. PeakShares LLC increased its position in shares of lululemon athletica by 267.5% in the first quarter. PeakShares LLC now owns 2,205 shares of the apparel retailer’s stock worth $338,000 after acquiring an additional 1,605 shares in the last quarter. Angeles Wealth Management LLC purchased a new position in shares of lululemon athletica in the first quarter worth approximately $205,000. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of lululemon athletica during the first quarter valued at approximately $2,042,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica News Roundup

Here are the key news stories impacting lululemon athletica this week:

Insider Transactions at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the stock in a transaction on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the transaction, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This represents a 70.20% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

LULU opened at $116.33 on Monday. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $233.00. The business has a 50-day moving average of $119.56 and a 200-day moving average of $154.06. The company has a market capitalization of $13.80 billion, a PE ratio of 9.39, a price-to-earnings-growth ratio of 3.81 and a beta of 0.88.

lululemon athletica (NASDAQ:LULUGet Free Report) last announced its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the previous year, the business posted $2.60 EPS. The firm’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. On average, equities research analysts expect that lululemon athletica inc. will post 10.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Evercore reduced their price target on shares of lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of lululemon athletica in a research report on Friday, June 26th. Bank of America cut their target price on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Zacks Research lowered lululemon athletica from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. Finally, Citigroup decreased their target price on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, lululemon athletica currently has a consensus rating of “Reduce” and an average target price of $148.54.

View Our Latest Research Report on LULU

lululemon athletica Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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