Rep. Marjorie Taylor Greene Purchases Shares of Lululemon Athletica Inc. (NASDAQ:LULU)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Lululemon Athletica Inc. NASDAQ: LULU. In a filing disclosed on April 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Lululemon Athletica stock on April 8th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Cummins NYSE: CMI on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Palantir Technologies NASDAQ: PLTR on 4/9/2025.

Lululemon Athletica Price Performance

LULU stock traded up $1.71 during mid-day trading on Friday, reaching $251.08. The company had a trading volume of 1,600,547 shares, compared to its average volume of 2,229,440. The company has a market capitalization of $30.29 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 2.22 and a beta of 1.31. Lululemon Athletica Inc. has a 52 week low of $226.01 and a 52 week high of $423.32. The stock has a 50 day simple moving average of $320.27 and a two-hundred day simple moving average of $338.27.

Lululemon Athletica (NASDAQ:LULU - Get Free Report) last issued its earnings results on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share for the quarter, topping analysts' consensus estimates of $5.85 by $0.29. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The business had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same period in the previous year, the company earned $5.29 earnings per share. The firm's revenue for the quarter was up 12.3% on a year-over-year basis. On average, equities analysts predict that Lululemon Athletica Inc. will post 14.36 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LULU. BTIG Research dropped their price target on Lululemon Athletica from $470.00 to $420.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. KeyCorp decreased their price target on shares of Lululemon Athletica from $420.00 to $400.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Piper Sandler lowered their price target on shares of Lululemon Athletica from $315.00 to $280.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Citigroup set a $330.00 target price on Lululemon Athletica and gave the stock a "negative" rating in a research note on Friday, March 28th. Finally, Barclays reduced their price target on Lululemon Athletica from $411.00 to $309.00 and set an "equal weight" rating for the company in a research note on Friday, March 28th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $371.72.

Institutional Investors Weigh In On Lululemon Athletica

Several hedge funds have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD grew its stake in shares of Lululemon Athletica by 95.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,848,613 shares of the apparel retailer's stock worth $1,854,160,000 after purchasing an additional 2,371,079 shares during the last quarter. Mawer Investment Management Ltd. acquired a new stake in shares of Lululemon Athletica in the fourth quarter valued at about $523,520,000. Diamond Hill Capital Management Inc. bought a new position in shares of Lululemon Athletica during the fourth quarter worth about $370,062,000. Alliancebernstein L.P. lifted its stake in shares of Lululemon Athletica by 14.9% in the fourth quarter. Alliancebernstein L.P. now owns 4,397,588 shares of the apparel retailer's stock worth $1,681,682,000 after acquiring an additional 571,657 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Lululemon Athletica by 37,062.1% in the first quarter. GAMMA Investing LLC now owns 563,006 shares of the apparel retailer's stock valued at $159,364,000 after acquiring an additional 561,491 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Lululemon Athletica

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.