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Optimize Financial Inc. bought $764K of Lululemon stock, boosting institutional ownership to 85.20%.
Institutional investor Optimize Financial Inc. purchased $764,000 worth of Lululemon Athletica Inc. stock recently, adding to the 85.20% ownership by institutional investors.
Lululemon reported strong earnings of $6.14 per share, beating estimates by $0.29.
Despite a lower price target from Piper Sandler, analysts still have a "Moderate Buy" rating with an average target of $371.79.
The company's stock has seen significant interest and investment, with Bessemer Group also increasing its holdings.
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Optimize Financial Inc. compró $764K de acciones de Lululemon, aumentando la propiedad institucional a 85.20%.