Lululemon Athletica inc’s recently made public that its Chief Brand Officer NEUBURGER NICOLE unloaded Company’s shares for reported $0.78 million on Dec 26 ’24. In the deal valued at $387.11 per share,2,022 shares were sold. As a result of this transaction, NEUBURGER NICOLE now holds 6,198 shares worth roughly $2.44 million.
Then, NICOLE NEUBURGER bought 2,022 shares, generating $782,735 in total proceeds.
Before that, BURGOYNE CELESTE sold 24,870 shares. Lululemon Athletica inc shares valued at $10,085,719 were divested by the Pres Americas & Global Guest at a price of $405.54 per share. As a result of the transaction, BURGOYNE CELESTE now holds 12,429 shares, worth roughly $4.89 million.
Bernstein upgraded its Lululemon Athletica inc [LULU] rating to an Outperform from a a Mkt perform in a research note published on January 07, 2025; the price target was increased to $460 from $360. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early December has reiterated a ‘”an Outperform”‘ rating for it. Jefferies also remained covering LULU and reiterated its “an Underperform” recommendation on December 02, 2024. Needham started covering the stock on November 22, 2024. It rated LULU as “a Hold”.
Price Performance Review of LULU
On Tuesday, Lululemon Athletica inc [NASDAQ:LULU] saw its stock fall -0.47% to $393.46. Over the last five days, the stock has gained 2.45%. Lululemon Athletica inc shares have risen nearly 2.89% since the year began. Nevertheless, the stocks have fallen -19.88% over the past one year. While a 52-week high of $493.49 was reached on 01/07/25, a 52-week low of $226.01 was recorded on 01/02/25. SMA at 50 days reached $347.33, while 200 days put it at $312.20.
Levels Of Support And Resistance For LULU Stock
The 24-hour chart illustrates a support level at 386.13, which if violated will result in even more drops to 378.81. On the upside, there is a resistance level at 407.80. A further resistance level may holdings at 422.15. The Relative Strength Index (RSI) on the 14-day chart is 63.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.91, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 44.62%. Stochastics %K at 61.43% 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 2024-11-15, growing by 0.76 million shares to a total of 6.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 5.65 million shares. There was a rise of 11.88%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 01, 2024 when Morgan Stanley resumed its ‘”an Overweight”‘ rating for the stock and retained the price target to $314.
