KD Logo

Recent Insider Activity Suggests Potential Gains for Lululemon Athletica inc (LULU)

In a filing, Lululemon Athletica inc revealed 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 $2.27 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 $4.56 million.

Telsey Advisory Group reiterated its Lululemon Athletica inc [LULU] rating to an Outperform in a research note published on January 14, 2025; the price target was $445. A number of analysts have revised their coverage, including Needham’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Bernstein also remained covering LULU and has increased its forecast on January 07, 2025 with a “an Outperform” recommendation from previously “Mkt perform” rating. Telsey Advisory Group maintained its rating on December 06, 2024. It rated LULU as “an Outperform”.

Price Performance Review of LULU

On Tuesday, Lululemon Athletica inc [NASDAQ:LULU] saw its stock fall -0.41% to $366.72. Over the last five days, the stock has lost -1.54%. Lululemon Athletica inc shares have fallen nearly -4.10% since the year began. Nevertheless, the stocks have fallen -19.45% over the past one year. While a 52-week high of $480.94 was reached on 01/30/25, a 52-week low of $226.01 was recorded on 02/18/25. SMA at 50 days reached $388.63, while 200 days put it at $316.76.

Levels Of Support And Resistance For LULU Stock

The 24-hour chart illustrates a support level at 360.52, which if violated will result in even more drops to 354.33. On the upside, there is a resistance level at 371.58. A further resistance level may holdings at 376.45. The Relative Strength Index (RSI) on the 14-day chart is 38.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.91%. Stochastics %K at 16.66% indicates the stock is a buying.

The most recent change occurred on December 02, 2024 when Jefferies resumed its ‘”an Underperform”‘ rating for the stock and retained the price target to $220.

Most Popular