In a filing, Lululemon Athletica inc. revealed its Chief Executive Officer MCDONALD CALVIN acquired Company’s shares for reported $1.04 million on Sep 03 ’24. In the deal valued at $260.00 per share,4,000 shares were bought. As a result of this transaction, MCDONALD CALVIN now holds 89,922 shares worth roughly $23.86 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, MICHELLE CHOE bought 6,365 shares, generating $1,680,590 in total proceeds.
Before that, MORFITT MARTHA A M bought 3,000 shares. Lululemon Athletica inc. shares valued at $1,167,000 were divested by the Director at a price of $389.00 per share. As a result of the transaction, MORFITT MARTHA A M now holds 89,445 shares, worth roughly $23.73 million.
Wedbush reiterated its Lululemon Athletica inc. [LULU] rating to an Outperform in a research note published on August 28, 2024; the price target was $324. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late August has reiterated a ‘”an Outperform”‘ rating for it. Citigroup maintained its rating on August 22, 2024. It rated LULU as “a Neutral”.
Price Performance Review of LULU
On Monday, Lululemon Athletica inc. [NASDAQ:LULU] saw its stock fall -0.55% to $265.30. Over the last five days, the stock has gained 6.72%. Lululemon Athletica inc. shares have fallen nearly -48.11% since the year began. Nevertheless, the stocks have fallen -31.75% over the past one year. While a 52-week high of $516.39 was reached on 01/02/24, a 52-week low of $226.01 was recorded on 08/05/24. SMA at 50 days reached $262.13, while 200 days put it at $371.58.
Levels Of Support And Resistance For LULU Stock
The 24-hour chart illustrates a support level at 261.22, which if violated will result in even more drops to 257.15. On the upside, there is a resistance level at 268.41. A further resistance level may holdings at 271.53. The Relative Strength Index (RSI) on the 14-day chart is 55.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.01, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.27%. Stochastics %K at 67.52% indicates the stock is a holding.
How much short interest is there in Lululemon Athletica inc.?
A steep rise in short interest was recorded in Lululemon Athletica inc. stocks on 2024-08-30, dropping by -0.34 million shares to a total of 4.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 4.42 million shares. There was a decline of -8.35%, which implies that there is a negative sentiment for the stock.
