lululemon athletica inc. $LULU Shares Sold by Versor Investments LP

Versor Investments LP decreased its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 65.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,769 shares of the apparel retailer’s stock after selling 5,143 shares during the quarter. Versor Investments LP’s holdings in lululemon athletica were worth $575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in LULU. Vanguard Group Inc. lifted its holdings in shares of lululemon athletica by 3.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock valued at $2,452,394,000 after acquiring an additional 521,915 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after acquiring an additional 490,127 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of lululemon athletica by 321.2% during the 3rd quarter. Victory Capital Management Inc. now owns 497,689 shares of the apparel retailer’s stock valued at $88,554,000 after acquiring an additional 379,536 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of lululemon athletica by 32.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,311,664 shares of the apparel retailer’s stock valued at $233,394,000 after acquiring an additional 319,934 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of lululemon athletica by 255.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 438,461 shares of the apparel retailer’s stock valued at $91,117,000 after acquiring an additional 315,150 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Trending Headlines about lululemon athletica

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

• Positive Sentiment: Michael Burry is reportedly loading up on lululemon stock, which may signal that some value investors see the current valuation as overly depressed. At Multi Year Lows, Michael Burry Is Loading Up On Lululemon Athletica (LULU) Stock
• Positive Sentiment: Analysts quoted in Retail Dive suggested criticisms of new CEO Heidi O’Neill may be overblown, which could help ease concerns about leadership and the company’s turnaround efforts. Is Heidi O’Neill exactly what Lululemon needs?
• Neutral Sentiment: Coverage from Yahoo Finance and Zacks is keeping LULU in focus, but these pieces are mainly commentary on the stock’s weakness and what recent headlines may imply rather than new operating results. Is It Time To Reassess Lululemon (LULU) After The Sharp Share Price Slide? Here is What to Know Beyond Why lululemon athletica inc. (LULU) is a Trending Stock
• Neutral Sentiment: Jensen Investment Management disclosed that it sold LULU, which adds to the debate around investor sentiment but does not by itself change the company’s fundamentals. Here’s Why Jensen Quality Mid Cap Fund Sold Lululemon athletica (LULU)
• Negative Sentiment: Founder Chip Wilson has intensified his proxy fight and is pushing a five-pillar turnaround plan, highlighting ongoing governance tension and concerns that the brand has lost its edge. Chip Wilson’s Five-Pillar Plan To Fix Lululemon—Now Executing It Falls To Heidi O’Neill
• Negative Sentiment: Wilson’s escalating boardroom challenge suggests investor activism and strategic uncertainty remain a headwind for the stock. How Investors May Respond To lululemon athletica (LULU) Founder Chip Wilson’s Intensified Boardroom Challenge

Wall Street Analyst Weigh In

LULU has been the topic of several recent research reports. Weiss Ratings lowered shares of lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 31st. The Goldman Sachs Group reduced their target price on shares of lululemon athletica from $200.00 to $184.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Jefferies Financial Group reduced their target price on shares of lululemon athletica from $170.00 to $145.00 and set a “hold” rating on the stock in a report on Tuesday, April 28th. Citigroup dropped their price target on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. Finally, Stifel Nicolaus dropped their price target on shares of lululemon athletica from $210.00 to $176.00 and set a “hold” rating on the stock in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, lululemon athletica presently has a consensus rating of “Hold” and a consensus target price of $203.80.

Insider Transactions at lululemon athletica

In related news, Director Charles V. Bergh bought 6,090 shares of the company’s stock in a transaction dated Friday, March 20th. The stock was bought at an average price of $164.20 per share, with a total value of $999,978.00. Following the transaction, the director owned 6,090 shares of the company’s stock, valued at approximately $999,978. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Nicole Neuburger sold 622 shares of the business’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider directly owned 19,156 shares of the company’s stock, valued at $3,084,116. The trade was a 3.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

lululemon athletica stock opened at $121.21 on Thursday. lululemon athletica inc. has a 12-month low of $121.15 and a 12-month high of $340.25. The company has a market capitalization of $14.63 billion, a price-to-earnings ratio of 9.11, a price-to-earnings-growth ratio of 3.85 and a beta of 0.90. The firm’s fifty day moving average price is $154.63 and its 200 day moving average price is $175.33.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.78 by $0.23. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The firm had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same quarter in the previous year, the firm posted $6.14 EPS. The firm’s quarterly revenue was up .0% on a year-over-year basis. Analysts forecast that lululemon athletica inc. will post 12.3 earnings per share for the current fiscal year.

lululemon athletica Profile

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.