Rep. Robert Bresnahan, Jr. Purchases Shares of Lululemon Athletica Inc. (NASDAQ:LULU)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Lululemon Athletica Inc. (NASDAQ:LULU). In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Lululemon Athletica stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
• Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

Lululemon Athletica Price Performance

NASDAQ LULU traded down $48.47 during mid-day trading on Friday, reaching $293.06. 12,900,347 shares of the stock were exchanged, compared to its average volume of 2,144,794. The stock has a market cap of $35.69 billion, a P/E ratio of 21.16, a P/E/G ratio of 2.22 and a beta of 1.21. The stock has a 50 day simple moving average of $364.63 and a 200-day simple moving average of $338.98. Lululemon Athletica Inc. has a one year low of $226.01 and a one year high of $423.32.

Lululemon Athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.85 by $0.29. The firm had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.59 billion. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The company’s revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.29 earnings per share. Sell-side analysts anticipate that Lululemon Athletica Inc. will post 14.36 EPS for the current fiscal year.

Institutional Trading of Lululemon Athletica

Large investors have recently bought and sold shares of the company. TCTC Holdings LLC purchased a new stake in Lululemon Athletica in the 4th quarter worth about $26,000. Anderson Financial Strategies LLC bought a new position in Lululemon Athletica during the fourth quarter worth about $30,000. Kestra Investment Management LLC purchased a new position in shares of Lululemon Athletica in the fourth quarter worth about $32,000. Bradley & Co. Private Wealth Management LLC bought a new stake in shares of Lululemon Athletica in the fourth quarter valued at approximately $32,000. Finally, Sound Income Strategies LLC lifted its stake in shares of Lululemon Athletica by 309.5% during the 4th quarter. Sound Income Strategies LLC now owns 86 shares of the apparel retailer’s stock valued at $33,000 after buying an additional 65 shares in the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the company. KeyCorp reduced their target price on Lululemon Athletica from $420.00 to $400.00 and set an “overweight” rating for the company in a research note on Friday. Stifel Nicolaus reduced their price objective on Lululemon Athletica from $438.00 to $424.00 and set a “buy” rating for the company in a research note on Friday. Needham & Company LLC lowered their target price on Lululemon Athletica from $475.00 to $430.00 and set a “buy” rating on the stock in a research report on Wednesday. TD Cowen lifted their price target on shares of Lululemon Athletica from $382.00 to $383.00 in a research report on Thursday, December 5th. Finally, UBS Group decreased their price target on shares of Lululemon Athletica from $376.00 to $335.00 and set a “neutral” rating for the company in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nineteen have issued a buy rating to the company. According to data from MarketBeat, Lululemon Athletica presently has an average rating of “Moderate Buy” and a consensus target price of $380.72.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.