Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Lululemon Athletica inc shares valued at $782,735 were sold by NEUBURGER NICOLE on Dec 26 ’24. At $387.11 per share, NEUBURGER NICOLE sold 2,022 shares. The insider’s holdings dropped to 6,198 shares worth approximately $2.37 million following the completion of this transaction.
Also, NICOLE NEUBURGER purchased 2,022 shares, netting a total of over 782,735 in proceeds.
Before that, BURGOYNE CELESTE had sold 24,870 shares from its account. In a trade valued at $10,085,719, the Pres Americas & Global Guest traded Lululemon Athletica inc shares for $405.54 each. Upon closing the transaction, the insider’s holdings decreased to 24,870 shares, worth approximately $4.76 million.
As published in a research note from Telsey Advisory Group on January 14, 2025, Lululemon Athletica inc [LULU] has been retained to an Outperform and the price target has been revised to $445. Analysts at Needham upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of January 07, 2025, Bernstein has increased its “Mkt perform” rating to a “an Outperform” for LULU. Earlier on December 06, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “an Outperform” for LULU stock.
Analyzing LULU Stock Performance
During the last five days, there has been a drop of approximately -1.52%. Over the course of the year, Lululemon Athletica inc shares have jumped approximately 0.11%. Shares of the company reached a 52-week high of $414.82 on 01/07/25 and a 52-week low of $367.15 on 01/16/25. A 50-day SMA is recorded $360.59, while a 200-day SMA reached $312.20. Nevertheless, trading volume fell to 1.83 million shares from 2.12 million shares the previous day.
Support And Resistance Levels for Lululemon Athletica inc (LULU)
According to the 24-hour chart, there is a support level at 374.09, which, if violated, would cause prices to drop to 365.35. In the upper region, resistance lies at 387.47. The next price resistance is at 392.11. RSI (Relative Strength Index) is 53.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.46, which suggests the price will decrease in the coming days. Percent R is at 67.13%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
