La-Z-Boy Insider Linz Terrence James Sells Shares
Linz Terrence James sold 661 shares of La-Z-Boy for $27,067.95 on June 26, 2026.
Key Points
- Linz Terrence James, La-Z-Boy's President of Wholesale Brands, sold 661 shares at $40.95 each, totaling $27,067.95 on June 26, 2026.
- La-Z-Boy shares traded near $39.95 on Wednesday, with a market cap of $1.63 billion and a P/E ratio of 16.58.
- BlackRock and Dimensional Fund Advisors increased their La-Z-Boy holdings, while Franklin Resources reduced its stake by 180,323 shares.
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Linz Terrence James, the President of Wholesale Brands at La-Z-Boy Incorporated, sold 661 shares of the company's stock on June 26, 2026. The shares were sold at an average price of $40.95 each, amounting to a total transaction value of $27,067.95. This transaction was not part of a pre-planned trading plan.
Insider Buying and Selling at La-Z-Boy Incorporated
In addition to Linz Terrence James's sale, Raphael Richmond, Vice President, General Counsel & Chief Compliance Officer at La-Z-Boy, was active in June. On June 29, 2026, Richmond purchased 13,671 shares at $24.41 each and sold the same number of shares at prices of $0.00 and $39.83. This series of transactions indicates a complex trading strategy.
Other Institutional Activity in La-Z-Boy
Several institutional investors made moves in La-Z-Boy recently. BlackRock, Inc. increased its holdings by 39,348 shares, ending with 6,421,949 shares valued at approximately $206.4 million, marking a 0.6% increase. Vanguard Portfolio Management LLC opened a new position with 2,739,563 shares worth about $88.0 million. Dimensional Fund Advisors LP added 38,870 shares, bringing its total to 2,694,255 shares valued at $86.6 million, a 1.5% increase. Franklin Resources Inc. reduced its position by 180,323 shares, now holding 1,671,550 shares worth $53.7 million, a 9.7% decrease.
La-Z-Boy Incorporated Stock Up 26.8%
Shares of NYSE:LZB traded near $39.95 on Wednesday. La-Z-Boy has a market capitalization of approximately $1.63 billion, with a P/E ratio of 16.58 and a forward P/E of 12.40. The stock has shown a 52-week range between $29.03 and $44.90. Its 50-day moving average is $36.65, while the 200-day moving average stands at $35.60. The company maintains a current ratio of 1.8 and a quick ratio of 1.104, with a debt-to-equity ratio of 53.101.
$LZB stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
La-Z-Boy reported revenue of approximately $2.13 billion, with a slight decline in revenue growth of 0.1%. The company's net margin is 4.8%, and it achieved a return on equity of 9.8%. The next earnings report is scheduled for August 18, 2026.
Dividend
La-Z-Boy pays an annual dividend rate of $0.97 per share, yielding 2.36%. The dividend payout ratio is 37.41%.
Analysts Set New Price Targets
Analysts have recently adjusted their price targets for La-Z-Boy. On November 19, 2025, Sidoti & Co. upgraded the stock to a 'buy' rating with a price target of $39.00. Earlier, on April 25, 2025, Keybanc also upgraded the stock to 'buy', setting a price target of $46.00. The consensus among analysts is a 'buy' recommendation, with an average price target of $46.00 based on two analyst opinions.
About La-Z-Boy
La-Z-Boy Incorporated, based in Monroe, Michigan, is a key player in the furnishings industry, specializing in upholstery furniture products. The company operates through two segments: Wholesale, which manufactures and imports a variety of furniture items, and Retail, which sells directly to consumers through branded stores and online. La-Z-Boy also owns Joybird, an online retailer of custom furniture. The company was founded in 1927 and currently employs around 10,200 people.
Bottom Line
The recent insider sale by Linz Terrence James is part of ongoing trading activity at La-Z-Boy, with other executives also making notable transactions. As a leading furniture manufacturer, La-Z-Boy's stock performance and institutional interest remain closely watched by investors. Keep in mind that 13F filings and insider trades are backward-looking and may not represent current positions.
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