Sequoia Monetary Advisors LLC decreased its place in shares of Lululemon Athletica Inc. (NASDAQ:LULU – Free Report) by 4.0% within the third quarter, in keeping with its most up-to-date Kind 13F submitting with the Securities & Trade Fee. The agency owned 2,326 shares of the attire retailer’s inventory after promoting 96 shares through the quarter. Sequoia Monetary Advisors LLC’s holdings in Lululemon Athletica have been value $631,000 as of its most up-to-date SEC submitting.
Different massive buyers have additionally not too long ago purchased and bought shares of the corporate. Graypoint LLC lifted its holdings in shares of Lululemon Athletica by 5.1% within the 1st quarter. Graypoint LLC now owns 699 shares of the attire retailer’s inventory valued at $273,000 after shopping for an extra 34 shares through the interval. William Allan Corp lifted its holdings in Lululemon Athletica by 0.8% within the first quarter. William Allan Corp now owns 4,896 shares of the attire retailer’s inventory valued at $1,913,000 after buying an extra 37 shares through the interval. Bleakley Monetary Group LLC boosted its place in Lululemon Athletica by 2.1% within the 1st quarter. Bleakley Monetary Group LLC now owns 1,889 shares of the attire retailer’s inventory value $738,000 after buying an extra 38 shares within the final quarter. Versant Capital Administration Inc grew its stake in shares of Lululemon Athletica by 61.5% through the 2nd quarter. Versant Capital Administration Inc now owns 105 shares of the attire retailer’s inventory value $31,000 after buying an extra 40 shares through the interval. Lastly, Rockline Wealth Administration LLC elevated its holdings in shares of Lululemon Athletica by 1.3% through the 2nd quarter. Rockline Wealth Administration LLC now owns 3,314 shares of the attire retailer’s inventory valued at $990,000 after buying an extra 43 shares within the final quarter. Hedge funds and different institutional buyers personal 85.20% of the corporate’s inventory.
Analysts Set New Worth Targets
LULU has been the subject of a number of analyst reviews. UBS Group dropped their worth goal on shares of Lululemon Athletica from $385.00 to $315.00 and set a “impartial” score on the inventory in a analysis report on Tuesday, August twentieth. Financial institution of America decreased their worth goal on Lululemon Athletica from $440.00 to $355.00 and set a “purchase” score for the corporate in a report on Friday, August thirtieth. Jefferies Monetary Group reissued an “underperform” score and issued a $220.00 worth goal on shares of Lululemon Athletica in a report on Thursday, July twenty fifth. Robert W. Baird decreased their goal worth on Lululemon Athletica from $470.00 to $350.00 and set an “outperform” score for the corporate in a analysis word on Wednesday, July thirty first. Lastly, Truist Monetary reissued a “purchase” score and issued a $310.00 worth goal on shares of Lululemon Athletica in a analysis word on Wednesday, August twenty eighth. Two equities analysis analysts have rated the inventory with a promote score, 9 have assigned a maintain score and twenty have issued a purchase score to the corporate. In keeping with MarketBeat.com, Lululemon Athletica presently has a median score of “Reasonable Purchase” and a median goal worth of $354.55.
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Insiders Place Their Bets
In associated information, CEO Calvin Mcdonald purchased 4,000 shares of the corporate’s inventory in a transaction that occurred on Tuesday, September third. The shares have been bought at a median value of $260.00 per share, with a complete worth of $1,040,000.00. Following the transaction, the chief govt officer now instantly owns 89,922 shares of the corporate’s inventory, valued at roughly $23,379,720. This represents a 0.00 % improve of their place. The acquisition was disclosed in a doc filed with the SEC, which may be accessed by means of the SEC web site. In associated information, insider Nicole Neuburger bought 486 shares of the corporate’s inventory in a transaction on Thursday, September twenty sixth. The shares have been bought at a median worth of $269.59, for a complete worth of $131,020.74. Following the completion of the sale, the insider now owns 6,198 shares within the firm, valued at $1,670,918.82. This represents a 0.00 % lower of their place. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is on the market by means of the SEC web site. Additionally, CEO Calvin Mcdonald acquired 4,000 shares of the inventory in a transaction on Tuesday, September third. The shares have been acquired at a median value of $260.00 per share, for a complete transaction of $1,040,000.00. Following the completion of the transaction, the chief govt officer now instantly owns 89,922 shares within the firm, valued at $23,379,720. The commerce was a 0.00 % improve of their place. The disclosure for this buy may be discovered right here. 0.48% of the inventory is owned by company insiders.
Lululemon Athletica Inventory Up 1.7 %
NASDAQ LULU opened at $304.15 on Friday. Lululemon Athletica Inc. has a 52 week low of $226.01 and a 52 week excessive of $516.39. The agency has a 50 day transferring common of $270.16 and a two-hundred day transferring common of $294.32. The inventory has a market capitalization of $38.02 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of two.17 and a beta of 1.25.
Lululemon Athletica (NASDAQ:LULU – Get Free Report) final posted its quarterly earnings outcomes on Thursday, August twenty ninth. The attire retailer reported $3.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.93 by $0.22. Lululemon Athletica had a return on fairness of 42.59% and a web margin of 16.34%. The corporate had income of $2.40 billion for the quarter, in comparison with analysts’ expectations of $2.41 billion. Throughout the identical interval final 12 months, the agency earned $2.68 earnings per share. Lululemon Athletica’s quarterly income was up 9.1% on a year-over-year foundation. On common, equities analysis analysts anticipate that Lululemon Athletica Inc. will submit 14.02 earnings per share for the present fiscal 12 months.
Lululemon Athletica Firm Profile
Lululemon Athletica Inc, along with its subsidiaries, designs, distributes, and retails athletic attire, footwear, and equipment below the lululemon model for men and women. It gives pants, shorts, tops, and jackets for wholesome life-style, comparable to yoga, working, coaching, and different actions. It additionally gives fitness-inspired equipment.
Advisable Tales
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