Lululemon Athletica Inc. (NASDAQ:LULU) Shares Sold by Achmea Investment Management B.V.

Achmea Investment Management B.V. reduced its position in shares of Lululemon Athletica Inc. (NASDAQ:LULU) by 25.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,323 shares of the apparel retailer’s stock after selling 7,101 shares during the period. Achmea Investment Management B.V.’s holdings in Lululemon Athletica were worth $7,771,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tredje AP fonden grew its stake in shares of Lululemon Athletica by 61.7% in the 4th quarter. Tredje AP fonden now owns 159,300 shares of the apparel retailer’s stock worth $60,918,000 after purchasing an additional 60,761 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in Lululemon Athletica by 2.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 3,947 shares of the apparel retailer’s stock worth $1,509,000 after buying an additional 86 shares in the last quarter. Great Lakes Advisors LLC grew its position in Lululemon Athletica by 4.3% in the fourth quarter. Great Lakes Advisors LLC now owns 19,930 shares of the apparel retailer’s stock worth $7,621,000 after buying an additional 827 shares during the last quarter. Truvestments Capital LLC increased its holdings in shares of Lululemon Athletica by 31.2% in the fourth quarter. Truvestments Capital LLC now owns 2,505 shares of the apparel retailer’s stock valued at $958,000 after buying an additional 596 shares in the last quarter. Finally, Hollencrest Capital Management lifted its position in shares of Lululemon Athletica by 43.2% during the 4th quarter. Hollencrest Capital Management now owns 1,330 shares of the apparel retailer’s stock valued at $509,000 after acquiring an additional 401 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.

Lululemon Athletica Trading Down 2.2 %

Shares of NASDAQ:LULU opened at $309.68 on Friday. The stock has a market capitalization of $37.71 billion, a PE ratio of 22.36, a P/E/G ratio of 2.22 and a beta of 1.21. Lululemon Athletica Inc. has a 1 year low of $226.01 and a 1 year high of $480.94. The firm has a fifty day moving average price of $378.13 and a 200 day moving average price of $333.89.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on LULU shares. UBS Group lifted their target price on Lululemon Athletica from $315.00 to $360.00 and gave the stock a “neutral” rating in a report on Friday, December 6th. TD Cowen increased their price target on Lululemon Athletica from $382.00 to $383.00 in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on Lululemon Athletica from $292.00 to $396.00 and gave the stock a “hold” rating in a report on Monday, December 9th. Wells Fargo & Company raised their target price on shares of Lululemon Athletica from $350.00 to $375.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 15th. Finally, Barclays lifted their target price on shares of Lululemon Athletica from $378.00 to $411.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty have given a buy rating to the company’s stock. Based on data from MarketBeat, Lululemon Athletica has a consensus rating of “Moderate Buy” and a consensus price target of $399.14.

Insiders Place Their Bets

In other news, insider Nicole Neuburger sold 2,022 shares of Lululemon Athletica stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $387.11, for a total value of $782,736.42. Following the transaction, the insider now owns 6,198 shares of the company’s stock, valued at $2,399,307.78. This trade represents a 24.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.48% of the company’s stock.

Lululemon Athletica Company Profile

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.