lululemon athletica (NASDAQ:LULU) has climbed 1.66% in the past week and advanced 14.75% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.88% and the outperformance has advanced to 13.71% for the last 4 weeks period.
lululemon athletica (NASDAQ:LULU): The stock opened at $71.73 on Friday but the bulls could not build on the opening and the stock topped out at $72.06 for the day. The stock traded down to $71.18 during the day, due to lack of any buying support eventually closed down at $71.71 with a loss of -0.11% for the day. The stock had closed at $71.79 on the previous day. The total traded volume was 1,701,409 shares.
The company shares have rallied 8.09% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $72.54 and the one year low was seen on Nov 17, 2015. The 50-Day Moving Average price is $65.59 and the 200 Day Moving Average price is recorded at $60.67.
On the companys insider trading activities, The director, of Lululemon Athletica Inc., Pitcher Rhoda M. had unloaded 5,310 shares at $67.31 per share in a transaction on April 1, 2016. The total value of transaction was $357,416. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, SunTrust Robinson Humphrey maintains its outlook on lululemon athletica (NASDAQ:LULU). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $79 per share to $83 per share. The rating by the firm was issued on June 9, 2016. Currently the company Insiders own 0.29% of lululemon athletica shares according to the proxy statements. Institutional Investors own 93.05% of lululemon athletica shares.
lululemon athletica inc. is a designer and retailer of technical athletic apparel. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, general fitness and dance-inspired apparel for female youth. The Company conducts its business through two channels: corporate-owned stores and direct to consumer. The Company markets its athletic apparel under the lululemon athletica and ivivva athletica brand names. As of February 1, 2015, the Companys retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. The Companys retail stores are located primarily on street locations, in lifestyle centers and in malls.