Lululemon interim co-CEO André Maestrini purchased 3,275 shares. The transaction occurred on April 1, 2026. The company reported the purchase on April 3.
The purchase signals confidence during a leadership transition. The CEO and other key executives departed in early 2026.
Lululemon faces slowing North American growth and increasing competition. Wall Street analysts lowered price targets.
The stock trades at its lowest price-to-earnings multiple in a decade.