1,689 Shares in Lululemon Athletica inc. (LULU) Purchased by Private Advisor Group LLC

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Private Advisor Group LLC purchased a new position in shares of Lululemon Athletica inc. (NASDAQ:LULU) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 1,689 shares of the apparel retailer’s stock, valued at approximately $205,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of LULU. ETRADE Capital Management LLC increased its holdings in shares of Lululemon Athletica by 177.9% during the 4th quarter. ETRADE Capital Management LLC now owns 5,733 shares of the apparel retailer’s stock valued at $697,000 after acquiring an additional 3,670 shares during the last quarter. Ffcm LLC increased its holdings in shares of Lululemon Athletica by 81.3% during the 4th quarter. Ffcm LLC now owns 14,143 shares of the apparel retailer’s stock valued at $1,720,000 after acquiring an additional 6,342 shares during the last quarter. AGF Investments Inc. increased its holdings in shares of Lululemon Athletica by 10.0% during the 4th quarter. AGF Investments Inc. now owns 109,843 shares of the apparel retailer’s stock valued at $13,358,000 after acquiring an additional 10,000 shares during the last quarter. AdvisorNet Financial Inc increased its holdings in shares of Lululemon Athletica by 70.8% during the 4th quarter. AdvisorNet Financial Inc now owns 205 shares of the apparel retailer’s stock valued at $25,000 after acquiring an additional 85 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Lululemon Athletica by 25.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,033,087 shares of the apparel retailer’s stock valued at $125,634,000 after acquiring an additional 211,340 shares during the last quarter. 78.47% of the stock is owned by institutional investors.

In other news, major shareholder Dennis J. Wilson sold 244,539 shares of Lululemon Athletica stock in a transaction that occurred on Monday, January 28th. The stock was sold at an average price of $149.83, for a total transaction of $36,639,278.37. Following the sale, the insider now owns 3,852 shares of the company’s stock, valued at approximately $577,145.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Dennis J. Wilson sold 444,389 shares of Lululemon Athletica stock in a transaction that occurred on Tuesday, January 15th. The stock was sold at an average price of $140.39, for a total value of $62,387,771.71. Following the sale, the insider now directly owns 3,852 shares in the company, valued at approximately $540,782.28. The disclosure for this sale can be found here. Insiders have sold a total of 2,914,928 shares of company stock worth $414,622,960 in the last three months. 0.32% of the stock is owned by insiders.

A number of analysts have issued reports on LULU shares. BidaskClub lowered Lululemon Athletica from a “buy” rating to a “hold” rating in a report on Tuesday, November 20th. ValuEngine lowered Lululemon Athletica from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 21st. MKM Partners raised their target price on Lululemon Athletica from $174.00 to $177.00 and gave the company a “buy” rating in a report on Monday, December 3rd. Wolfe Research raised their target price on Lululemon Athletica from $174.00 to $176.00 and gave the company an “outperform” rating in a report on Monday, December 3rd. Finally, Guggenheim reaffirmed a “buy” rating and issued a $165.00 target price on shares of Lululemon Athletica in a report on Thursday, December 6th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty-five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $160.94.

Shares of NASDAQ:LULU opened at $141.79 on Friday. Lululemon Athletica inc. has a 1-year low of $77.97 and a 1-year high of $164.79. The company has a market cap of $19.07 billion, a PE ratio of 54.75, a PEG ratio of 1.72 and a beta of 0.51.

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Lululemon Athletica Company Profile

lululemon athletica inc., an athletic apparel company, together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. It operates through two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits; and athletic wear for female youth.

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Institutional Ownership by Quarter for Lululemon Athletica (NASDAQ:LULU)

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