Lululemon Athletica Inc. (NASDAQ:LULU) Shares Sold by Yarbrough Capital LLC

Yarbrough Capital LLC trimmed its holdings in shares of Lululemon Athletica Inc. (NASDAQ:LULU - Free Report) by 56.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 947 shares of the apparel retailer's stock after selling 1,214 shares during the period. Yarbrough Capital LLC's holdings in Lululemon Athletica were worth $362,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of LULU. SeaCrest Wealth Management LLC lifted its holdings in Lululemon Athletica by 2.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 1,018 shares of the apparel retailer's stock worth $389,000 after buying an additional 26 shares during the period. Sunbelt Securities Inc. lifted its stake in shares of Lululemon Athletica by 4.6% in the third quarter. Sunbelt Securities Inc. now owns 950 shares of the apparel retailer's stock worth $258,000 after buying an additional 42 shares in the last quarter. Claro Advisors LLC lifted its position in Lululemon Athletica by 5.6% in the 4th quarter. Claro Advisors LLC now owns 902 shares of the apparel retailer's stock valued at $345,000 after acquiring an additional 48 shares in the last quarter. Capital Market Strategies LLC raised its stake in shares of Lululemon Athletica by 6.5% in the fourth quarter. Capital Market Strategies LLC now owns 820 shares of the apparel retailer's stock worth $314,000 after purchasing an additional 50 shares during the last quarter. Finally, Fulton Bank N.A. lifted its stake in Lululemon Athletica by 2.7% during the 3rd quarter. Fulton Bank N.A. now owns 2,115 shares of the apparel retailer's stock valued at $574,000 after acquiring an additional 56 shares during the period. Hedge funds and other institutional investors own 85.20% of the company's stock.

Lululemon Athletica Trading Up 1.1 %

Shares of LULU stock traded up $4.14 during trading hours on Friday, hitting $375.13. The company's stock had a trading volume of 881,555 shares, compared to its average volume of 1,612,166. Lululemon Athletica Inc. has a twelve month low of $226.01 and a twelve month high of $491.30. The stock has a market cap of $45.68 billion, a price-to-earnings ratio of 27.07, a P/E/G ratio of 2.71 and a beta of 1.18. The business has a fifty day moving average of $360.19 and a 200-day moving average of $303.57.

Lululemon Athletica (NASDAQ:LULU - Get Free Report) last announced its earnings results on Thursday, December 5th. The apparel retailer reported $2.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.69 by $0.18. The firm had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.36 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. Lululemon Athletica's revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the business earned $2.53 earnings per share. On average, equities analysts expect that Lululemon Athletica Inc. will post 14.18 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on LULU. Citigroup lifted their price target on shares of Lululemon Athletica from $270.00 to $380.00 and gave the stock a "neutral" rating in a research note on Friday, December 6th. UBS Group increased their price objective on shares of Lululemon Athletica from $315.00 to $360.00 and gave the stock a "neutral" rating in a research note on Friday, December 6th. KeyCorp lifted their price objective on shares of Lululemon Athletica from $350.00 to $400.00 and gave the company an "overweight" rating in a research report on Friday, December 6th. Sanford C. Bernstein raised shares of Lululemon Athletica from a "market perform" rating to an "outperform" rating and increased their target price for the company from $360.00 to $460.00 in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company upped their price objective on shares of Lululemon Athletica from $350.00 to $375.00 and gave the stock an "equal weight" rating in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty have given a buy rating to the stock. According to MarketBeat.com, Lululemon Athletica currently has an average rating of "Moderate Buy" and an average target price of $390.33.

Insider Buying and Selling

In other news, insider Celeste Burgoyne sold 24,870 shares of Lululemon Athletica stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $405.54, for a total value of $10,085,779.80. Following the transaction, the insider now directly owns 12,429 shares of the company's stock, valued at $5,040,456.66. The trade was a 66.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Nicole Neuburger sold 2,022 shares of Lululemon Athletica stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $387.11, for a total transaction of $782,736.42. Following the transaction, the insider now owns 6,198 shares in the company, valued at $2,399,307.78. The trade was a 24.60 % decrease in their position. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by company insiders.

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.