Rayburn West Financial Services LLC Acquires New Position in lululemon athletica inc. $LULU

Rayburn West Financial Services LLC acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 17,014 shares of the apparel retailer’s stock, valued at approximately $3,536,000. lululemon athletica makes up about 2.2% of Rayburn West Financial Services LLC’s holdings, making the stock its 15th largest holding.

A number of other large investors also recently modified their holdings of LULU. Cornerstone Planning Group LLC raised its holdings in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after buying an additional 68 shares in the last quarter. Integrated Financial Solutions Inc. bought a new position in lululemon athletica during the 4th quarter worth approximately $26,000. Murphy & Mullick Capital Management Corp grew its position in lululemon athletica by 187.5% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after acquiring an additional 105 shares during the last quarter. GoalVest Advisory LLC bought a new position in lululemon athletica during the 4th quarter worth approximately $27,000. Finally, Golden State Wealth Management LLC grew its position in lululemon athletica by 129.4% during the 3rd quarter. Golden State Wealth Management LLC now owns 195 shares of the apparel retailer’s stock worth $35,000 after acquiring an additional 110 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Stock Performance

Shares of LULU stock opened at $121.21 on Thursday. The firm has a market cap of $14.63 billion, a P/E ratio of 9.11, a P/E/G ratio of 3.85 and a beta of 0.90. lululemon athletica inc. has a fifty-two week low of $121.15 and a fifty-two week high of $340.25. The business’s 50 day moving average price is $154.63 and its 200-day moving average price is $175.33.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share for the quarter, topping analysts’ consensus estimates of $4.78 by $0.23. The firm had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.59 billion. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The business’s quarterly revenue was up .0% compared to the same quarter last year. During the same period last year, the company earned $6.14 EPS. As a group, equities analysts predict that lululemon athletica inc. will post 12.3 EPS for the current year.

Insider Transactions at lululemon athletica

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

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LULU. Robert W. Baird reduced their price target on lululemon athletica from $190.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Stifel Nicolaus reduced their price target on lululemon athletica from $210.00 to $176.00 and set a “hold” rating on the stock in a research report on Wednesday, March 18th. BNP Paribas Exane reduced their price target on lululemon athletica from $206.00 to $170.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Weiss Ratings lowered lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 31st. Finally, Citigroup reduced their price target on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twenty-eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica has an average rating of “Hold” and a consensus price target of $203.80.

Key Headlines Impacting 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

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.