Radnor Capital Management LLC Sells 277 Shares of Lululemon Athletica Inc. (NASDAQ:LULU)

Radnor Capital Management LLC decreased its holdings in Lululemon Athletica Inc. (NASDAQ:LULU) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,275 shares of the apparel retailer’s stock after selling 277 shares during the period. Radnor Capital Management LLC’s holdings in Lululemon Athletica were worth $1,635,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. SeaCrest Wealth Management LLC raised its position in Lululemon Athletica by 2.6% in the fourth quarter. SeaCrest Wealth Management LLC now owns 1,018 shares of the apparel retailer’s stock valued at $389,000 after purchasing an additional 26 shares during the period. Sunbelt Securities Inc. increased its position in shares of Lululemon Athletica by 4.6% during the third quarter. Sunbelt Securities Inc. now owns 950 shares of the apparel retailer’s stock valued at $258,000 after acquiring an additional 42 shares during the last quarter. Claro Advisors LLC raised its stake in shares of 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 during the period. Capital Market Strategies LLC raised its stake in shares of Lululemon Athletica by 6.5% in the 4th quarter. Capital Market Strategies LLC now owns 820 shares of the apparel retailer’s stock valued at $314,000 after acquiring an additional 50 shares during the period. Finally, Fulton Bank N.A. lifted its holdings in shares of Lululemon Athletica by 2.7% in the 3rd quarter. Fulton Bank N.A. now owns 2,115 shares of the apparel retailer’s stock worth $574,000 after acquiring an additional 56 shares during the last quarter. 85.20% of the stock is owned by institutional investors.

Lululemon Athletica Stock Down 2.5 %

Shares of Lululemon Athletica stock opened at $388.74 on Wednesday. The firm has a market capitalization of $47.34 billion, a P/E ratio of 28.07, a P/E/G ratio of 2.78 and a beta of 1.18. Lululemon Athletica Inc. has a 52 week low of $226.01 and a 52 week high of $491.30. The firm’s 50 day moving average is $358.92 and its two-hundred day moving average is $303.06.

Lululemon Athletica (NASDAQ:LULU) last posted its earnings results on Thursday, December 5th. The apparel retailer reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.69 by $0.18. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the firm posted $2.53 EPS. The company’s revenue was up 9.1% on a year-over-year basis. As a group, research analysts expect that Lululemon Athletica Inc. will post 14.17 earnings per share for the current fiscal year.

Insider Transactions at Lululemon Athletica

In other news, insider Nicole Neuburger sold 2,022 shares of the firm’s stock in a transaction that occurred 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 directly owns 6,198 shares in the company, valued at approximately $2,399,307.78. This trade represents a 24.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Celeste Burgoyne sold 24,870 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $405.54, for a total transaction of $10,085,779.80. Following the completion of the sale, the insider now owns 12,429 shares of the company’s stock, valued at approximately $5,040,456.66. This trade represents a 66.68 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. TD Securities lifted their target price on shares of Lululemon Athletica from $382.00 to $383.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Stifel Nicolaus reiterated a “buy” rating and issued a $438.00 price objective (up previously from $370.00) on shares of Lululemon Athletica in a report on Friday, December 6th. William Blair reissued an “outperform” rating on shares of Lululemon Athletica in a research note on Friday, December 6th. Telsey Advisory Group lifted their target price on Lululemon Athletica from $430.00 to $445.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Piper Sandler boosted their price target on shares of Lululemon Athletica from $260.00 to $340.00 and gave the stock a “neutral” rating in a research note on Friday, December 6th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and twenty have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $386.23.

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.