Insider Buying: CEO Calvin McDonald Acquires Shares of Lululemon Athletica Inc (LULU)

Published 2024-09-05, 07:28 p/m
Insider Buying: CEO Calvin McDonald Acquires Shares of Lululemon Athletica Inc (LULU)
LULU
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GuruFocus - On September 3, 2024, Calvin McDonald, CEO of Lululemon Athletica Inc (NASDAQ:LULU), purchased 4,000 shares of the company, as reported in a recent SEC Filing. This transaction increased the insider's holdings to 89,922 shares.

Lululemon Athletica Inc, known for its high-quality yoga pants and other athletic wear, has seen a mix of insider transactions over the past year. The insider, Calvin McDonald, has bought a total of 4,000 shares and sold 25,000 shares during this period. Overall, the company has experienced 2 insider buys and 5 insider sells in the last year.

On the date of the latest purchase, shares of Lululemon Athletica Inc were priced at $260, leading to a market cap of approximately $31.15 billion. The price-earnings ratio of the stock stands at 19.62, which is above the industry median of 17.81.

According to the GF Value, the intrinsic value of Lululemon Athletica Inc is estimated at $476.18 per share, suggesting that the stock is Significantly Undervalued with a price-to-GF-Value ratio of 0.55.

The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.

This recent acquisition by the insider might indicate a positive outlook on the company's value and future performance, aligning with the GF Value assessment of the stock being undervalued.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This content was originally published on Gurufocus.com

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