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 Trading Down 14.2 %

NASDAQ LULU opened at $293.06 on Friday. Lululemon Athletica Inc. has a 1 year low of $226.01 and a 1 year high of $423.32. The stock’s 50-day moving average price is $364.63 and its two-hundred day moving average price is $338.98. The company has a market cap of $35.69 billion, a PE ratio of 21.16, a PEG ratio of 2.22 and a beta of 1.21.

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

Hedge Funds Weigh In On Lululemon Athletica

Institutional investors and hedge funds have recently bought and sold shares of the stock. TCTC Holdings LLC bought a new stake in Lululemon Athletica in the 4th quarter valued at $26,000. Anderson Financial Strategies LLC acquired a new position in shares of Lululemon Athletica during the fourth quarter valued at about $30,000. Kestra Investment Management LLC bought a new stake in shares of Lululemon Athletica in the fourth quarter valued at about $32,000. Bradley & Co. Private Wealth Management LLC acquired a new stake in Lululemon Athletica during the fourth quarter worth about $32,000. Finally, Asset Planning Inc bought a new position in Lululemon Athletica during the fourth quarter valued at about $33,000. Institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Stifel Nicolaus dropped their price target on Lululemon Athletica from $438.00 to $424.00 and set a “buy” rating on the stock in a research report on Friday. Wells Fargo & Company reduced their price target on shares of Lululemon Athletica from $375.00 to $315.00 and set an “equal weight” rating for the company in a research report on Friday. BTIG Research lowered their price objective on shares of Lululemon Athletica from $470.00 to $420.00 and set a “buy” rating on the stock in a research report on Friday. Barclays decreased their target price on shares of Lululemon Athletica from $411.00 to $309.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, UBS Group dropped their price target on shares of Lululemon Athletica from $376.00 to $335.00 and set a “neutral” rating on the stock in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nineteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.

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.