Rep. Jefferson Shreve Sells Lululemon Athletica Inc. (NASDAQ:LULU) Stock

Representative Jefferson Shreve (R-Indiana) recently sold shares of Lululemon Athletica Inc. (NASDAQ:LULU). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lululemon Athletica stock on April 17th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.

Lululemon Athletica Stock Performance

Shares of NASDAQ LULU opened at $279.89 on Friday. The company has a 50 day simple moving average of $288.50 and a two-hundred day simple moving average of $337.47. Lululemon Athletica Inc. has a fifty-two week low of $226.01 and a fifty-two week high of $423.32. The company has a market capitalization of $33.77 billion, a price-to-earnings ratio of 20.21, a P/E/G ratio of 2.22 and a beta of 1.30.

Lululemon Athletica (NASDAQ:LULU) last released its earnings results on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, topping the consensus estimate of $5.85 by $0.29. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. 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 posted $5.29 earnings per share. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. On average, analysts forecast that Lululemon Athletica Inc. will post 14.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. William Blair reissued an “outperform” rating on shares of Lululemon Athletica in a research report on Thursday, April 3rd. Oppenheimer raised their target price on shares of Lululemon Athletica from $380.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Evercore ISI increased their price target on Lululemon Athletica from $440.00 to $495.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. The Goldman Sachs Group cut their price objective on shares of Lululemon Athletica from $363.00 to $302.00 and set a “neutral” rating for the company in a report on Tuesday, April 22nd. Finally, BMO Capital Markets lowered their price objective on shares of Lululemon Athletica from $313.00 to $302.00 and set a “market perform” rating for the company in a research report on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Lululemon Athletica currently has an average rating of “Moderate Buy” and an average target price of $369.86.

Institutional Trading of Lululemon Athletica

A number of institutional investors have recently modified their holdings of LULU. N.E.W. Advisory Services LLC acquired a new position in shares of Lululemon Athletica during the first quarter valued at about $25,000. TCTC Holdings LLC purchased a new stake in shares of Lululemon Athletica in the fourth quarter worth about $26,000. Cornerstone Planning Group LLC grew its stake in shares of Lululemon Athletica by 506.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 81 shares during the period. Anderson Financial Strategies LLC purchased a new position in Lululemon Athletica in the fourth quarter valued at $30,000. Finally, Kestra Investment Management LLC purchased a new position in Lululemon Athletica during the fourth quarter worth approximately $32,000. 85.20% of the stock is currently owned by institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.