Geode Capital Management LLC Raises Stock Position in Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU)

Geode Capital Management LLC lifted its position in Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) by 6.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 170,064 shares of the company’s stock after acquiring an additional 10,193 shares during the quarter. Geode Capital Management LLC owned 0.41% of Lulu’s Fashion Lounge worth $272,000 at the end of the most recent reporting period.

Wall Street Analyst Weigh In

Separately, Telsey Advisory Group restated a “market perform” rating and issued a $2.00 target price on shares of Lulu’s Fashion Lounge in a report on Thursday, November 14th.

Lulu’s Fashion Lounge Trading Up 3.8 %

Lulu’s Fashion Lounge stock opened at $1.05 on Tuesday. The firm has a 50-day moving average price of $1.22 and a 200-day moving average price of $1.41. The firm has a market capitalization of $44.28 million, a PE ratio of -1.40 and a beta of 0.23. Lulu’s Fashion Lounge Holdings, Inc. has a 12-month low of $0.97 and a 12-month high of $2.13.

About Lulu’s Fashion Lounge

Lulu's Fashion Lounge Holdings, Inc operates as an online retailer of women's apparel, footwear, and accessories. The company offers formals, casuals, dresses, tops, bottoms, wedding dresses, rompers and jumpsits, intimates and sleepwear, swimwear, shoes, and accessories under the Lulus brand.