Lululemon Athletica shares rose 7.8% this morning to a price of $321.17. The stock is still trading within range of its average target price of $314.99, and over the last 52 weeks, it has recorded a -21.3% performance. Analysts have given the Large-Cap Apparel Manufacturing stock target prices ranging from $194.0 to $445.0 dollars per share, with an average rating of buy.
Lululemon Athletica has an average level of shares sold short, at 5.7% of its total share float. The stock's short ratio (also called days to cover) is 2.85. The company's insiders own 4.63% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 94.8% of Lululemon Athletica's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Lululemon Athletica
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | FMR, LLC | 15% | 17,901,815 | $5,749,526,163 |
| 2024-06-30 | Vanguard Group Inc | 10% | 11,742,011 | $3,771,181,830 |
| 2024-06-30 | Blackrock Inc. | 8% | 9,139,415 | $2,935,306,038 |
| 2024-06-30 | State Street Corporation | 4% | 4,834,051 | $1,552,552,224 |
| 2024-06-30 | Edgewood Management Llc | 3% | 3,232,743 | $1,038,260,112 |
| 2024-06-30 | Alliancebernstein L.P. | 2% | 2,646,098 | $849,847,330 |
| 2024-06-30 | Geode Capital Management, LLC | 2% | 2,430,534 | $780,614,637 |
| 2024-06-30 | Morgan Stanley | 2% | 2,064,888 | $663,180,106 |
| 2024-06-30 | Arrowstreet Capital, Limited Partnership | 2% | 1,813,051 | $582,297,614 |
| 2024-06-30 | American Century Companies Inc | 2% | 1,769,096 | $568,180,586 |
