69,000 Shares in lululemon athletica inc. $LULU Acquired by Monaco Asset Management SAM

Monaco Asset Management SAM acquired a new position in shares of lululemon athletica inc. (NASDAQ:LULU) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 69,000 shares of the apparel retailer’s stock, valued at approximately $12,277,000. lululemon athletica comprises 0.7% of Monaco Asset Management SAM’s holdings, making the stock its 7th biggest position. Monaco Asset Management SAM owned about 0.06% of lululemon athletica at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LULU. Cornerstone Planning Group LLC boosted its holdings in shares of lululemon athletica by 81.9% during the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after acquiring an additional 68 shares during the period. Murphy & Mullick Capital Management Corp increased its holdings in shares of lululemon athletica by 187.5% in 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 period. Tradewinds Capital Management LLC lifted its position in lululemon athletica by 18,400.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock valued at $33,000 after purchasing an additional 184 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its stake in lululemon athletica by 464.0% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 116 shares during the period. Finally, Golden State Wealth Management LLC boosted its stake 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 valued at $35,000 after purchasing an additional 110 shares during the period. 85.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the sale, the insider directly owned 5,318 shares of the company’s stock, valued at $1,084,872. This represents a 71.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

LULU has been the topic of several analyst reports. Bank of America raised their price target on shares of lululemon athletica from $185.00 to $220.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Citigroup increased their price objective on lululemon athletica from $190.00 to $210.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Daiwa Securities Group raised their target price on lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, December 16th. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a research report on Friday, November 21st. Finally, Jefferies Financial Group decreased their price target on lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a research note on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $227.05.

lululemon athletica Stock Performance

Shares of LULU stock opened at $187.30 on Friday. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $372.66. The business’s fifty day moving average is $195.32 and its 200-day moving average is $185.03. The stock has a market cap of $21.97 billion, a PE ratio of 12.98, a price-to-earnings-growth ratio of 11.52 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter last year, the business posted $2.53 earnings per share. The company’s quarterly revenue was up 7.1% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. Equities research analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current 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.