Vise Technologies Inc. Invests $539,000 in lululemon athletica inc. $LULU

Vise Technologies Inc. purchased a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,271 shares of the apparel retailer’s stock, valued at approximately $539,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LULU. Manhattan West Asset Management LLC raised its stake in lululemon athletica by 5.4% during the 1st quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock valued at $205,000 after purchasing an additional 37 shares during the period. Horizon Investments LLC raised its position in lululemon athletica by 2.4% during the first quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock valued at $456,000 after buying an additional 38 shares during the period. GM Advisory Group LLC lifted its stake in lululemon athletica by 2.0% in the 1st quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock worth $564,000 after acquiring an additional 40 shares in the last quarter. Hancock Whitney Corp lifted its stake in lululemon athletica by 4.6% in the 1st quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock worth $269,000 after acquiring an additional 42 shares in the last quarter. Finally, Optimize Financial Inc boosted its position in lululemon athletica by 2.3% during the 1st quarter. Optimize Financial Inc now owns 2,043 shares of the apparel retailer’s stock worth $578,000 after acquiring an additional 45 shares during the period. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Stock Up 0.6%

NASDAQ:LULU opened at $170.68 on Friday. The company’s 50 day moving average is $170.94 and its 200-day moving average is $219.21. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32. The firm has a market cap of $20.24 billion, a price-to-earnings ratio of 11.60, a P/E/G ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.24. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. lululemon athletica’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.15 EPS. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Research analysts predict that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Jefferies Financial Group reiterated an “underperform” rating on shares of lululemon athletica in a research note on Monday, October 27th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of lululemon athletica in a research note on Wednesday, October 8th. Bank of America cut their price objective on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a report on Friday, September 12th. Wells Fargo & Company reduced their price target on lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating for the company in a report on Friday, September 5th. Finally, Dbs Bank dropped their price target on shares of lululemon athletica from $165.00 to $134.00 in a research note on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirty have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $228.42.

Insider Activity at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the business’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 completion of the transaction, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

lululemon athletica Company 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.