180 Shares in Lululemon Athletica Inc. (NASDAQ:LULU) Acquired by Human Investing LLC

Human Investing LLC purchased a new stake in Lululemon Athletica Inc. (NASDAQ:LULU) in the 4th quarter, Holdings Channel.com reports. The fund purchased 180 shares of the apparel retailer’s stock, valued at approximately $69,000.

Several other institutional investors also recently bought and sold shares of LULU. Stratos Wealth Advisors LLC acquired a new position in Lululemon Athletica in the 3rd quarter valued at $2,245,000. Net Worth Advisory Group acquired a new position in Lululemon Athletica in the 3rd quarter valued at $348,000. KMG Fiduciary Partners LLC raised its holdings in Lululemon Athletica by 11.1% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 7,434 shares of the apparel retailer’s stock valued at $2,017,000 after acquiring an additional 741 shares during the last quarter. Wealth Advisory Solutions LLC acquired a new position in Lululemon Athletica in the 3rd quarter valued at $5,423,000. Finally, Whittier Trust Co. raised its holdings in Lululemon Athletica by 2,868.1% in the 3rd quarter. Whittier Trust Co. now owns 25,229 shares of the apparel retailer’s stock valued at $6,845,000 after acquiring an additional 24,379 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LULU. Sanford C. Bernstein upgraded Lululemon Athletica from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $360.00 to $460.00 in a report on Tuesday, January 7th. Telsey Advisory Group boosted their price objective on shares of Lululemon Athletica from $430.00 to $445.00 and gave the company an “outperform” rating in a research note on Tuesday, January 14th. Guggenheim boosted their price objective on shares of Lululemon Athletica from $350.00 to $415.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Stifel Nicolaus reissued a “buy” rating and set a $438.00 price objective (up from $370.00) on shares of Lululemon Athletica in a research note on Friday, December 6th. Finally, Piper Sandler boosted their price objective on shares of Lululemon Athletica from $260.00 to $340.00 and gave the company a “neutral” rating in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $399.14.

Insider Activity

In other news, insider Celeste Burgoyne sold 24,870 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $405.54, for a total value of $10,085,779.80. Following the sale, the insider now owns 12,429 shares in the company, valued at approximately $5,040,456.66. This represents a 66.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Nicole Neuburger sold 2,022 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $387.11, for a total transaction of $782,736.42. Following the completion of the sale, the insider now owns 6,198 shares in the company, valued at approximately $2,399,307.78. This trade represents a 24.60 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.48% of the company’s stock.

Lululemon Athletica Price Performance

Shares of LULU stock opened at $366.68 on Monday. Lululemon Athletica Inc. has a 12 month low of $226.01 and a 12 month high of $480.94. The firm has a market capitalization of $44.65 billion, a P/E ratio of 26.48, a P/E/G ratio of 2.51 and a beta of 1.19. The company’s fifty day moving average price is $391.37 and its two-hundred day moving average price is $320.90.

Lululemon Athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, December 5th. The apparel retailer reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.69 by $0.18. The firm had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.36 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The firm’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.53 EPS. On average, sell-side analysts anticipate that Lululemon Athletica Inc. will post 14.36 EPS for the current year.

Lululemon Athletica Profile

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.