La-Z-Boy Insider Linz Terrence James Sells Shares
Linz Terrence James, President of Wholesale Brands at La-Z-Boy, sold 582 shares on June 23, 2026.
Key Points
- Linz Terrence James sold 582 shares of La-Z-Boy at $40.30 each, totaling $23,455, not under a pre-planned trading scheme.
- La-Z-Boy shares were trading at $41.85 on Friday, with a market cap of $1.64 billion and a P/E ratio of 19.83.
- BlackRock and Dimensional Fund Advisors increased their La-Z-Boy holdings, while Franklin Resources reduced its position by 180,323 shares.
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On June 23, 2026, Linz Terrence James, who serves as the President of Wholesale Brands at La-Z-Boy Incorporated, sold 582 shares of the company. The shares were sold at an average price of $40.30 each, amounting to a total transaction value of $23,455. This sale was not part of a pre-arranged trading plan.
Other Institutional Activity in La-Z-Boy
BlackRock, Inc. increased its holdings in La-Z-Boy by 39,348 shares, bringing its total to 6,421,949 shares valued at approximately $206.4 million. Vanguard Portfolio Management LLC opened a new position with 2,739,563 shares worth $88.0 million. Dimensional Fund Advisors LP also added to its stake, increasing by 38,870 shares to a total of 2,694,255 shares, valued at about $86.6 million. Meanwhile, Franklin Resources Inc. reduced its position by 180,323 shares, leaving it with 1,671,550 shares worth $53.7 million.
La-Z-Boy Incorporated Stock Up 25.3%
Shares of NYSE:LZB traded near $41.85 on Friday. The company has a market capitalization of $1.64 billion and a P/E ratio of 19.83. Its beta, which measures stock volatility, stands at 1.282. Over the past year, the stock has ranged from a low of $29.03 to a high of $44.90. The 50-day moving average is $35.81, while the 200-day moving average is $35.46. La-Z-Boy's current ratio is 1.659, with a quick ratio of 0.99 and a debt-to-equity ratio of 53.88.
$LZB stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
La-Z-Boy reported revenue of $2.13 billion, reflecting a growth rate of 3.8%. The company's net margin is 3.93%, and it has a return on equity of 8.09%. Earnings per share stand at $2.00. The next earnings report is expected on August 18, 2026.
Dividend
La-Z-Boy pays an annual dividend of $0.97, which yields 2.76%. The dividend payout ratio is 45.1%.
Insider Buying and Selling at La-Z-Boy Incorporated
In addition to Linz Terrence James, several other insiders sold shares recently. Michael Adam Leggett, Senior VP & Chief Supply Chain Officer, sold 9,000 shares on June 24, 2026. On June 23, 2026, Raphael Richmond, VP & Chief Compliance Officer, sold 489 shares; Carol Young Lee, VP & Chief Information Officer, sold 344 shares; Katherine Vanderjagt, VP & Chief HR Officer, sold 480 shares; and Robert Sundy II, President of Retail, sold 604 shares. All transactions were executed at an average price of $40.30 per share and were not part of pre-planned trading schemes.
Analysts Set New Price Targets
Sidoti & Co. upgraded La-Z-Boy's stock to a 'buy' rating with a price target of $39.00 on November 19, 2025. Earlier, Keybanc also upgraded the stock to a 'buy' with a target price of $46.00 on April 25, 2025. The consensus among analysts is a 'buy' recommendation, with an average target price of $44.50.
About La-Z-Boy
La-Z-Boy Incorporated is a leading manufacturer and retailer of upholstery furniture, based in Monroe, Michigan. The company operates through its Wholesale and Retail segments, offering a wide range of products including recliners, sofas, and casegoods. La-Z-Boy also owns Joybird, an e-commerce furniture retailer. With a workforce of around 10,600 employees, the company is led by CEO Mr. Taylor E. Luebke.
Bottom Line
Linz Terrence James's recent sale of La-Z-Boy shares is part of a broader pattern of insider transactions at the company. Investors often track such insider activities for potential insights into company sentiment. It's important to remember that these transactions are disclosed after the fact and may not reflect current holdings or intentions.
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