La-Z-Boy's Chief Accounting Officer Sells Shares
Jennifer Lynn McCurry sold 3,715 shares of La-Z-Boy for about $152,500.
Key Points
- Jennifer Lynn McCurry, La-Z-Boy's Chief Accounting Officer, sold 3,715 shares at $41.05 each on June 25, 2026, totaling $152,500.75.
- La-Z-Boy shares traded near $40.95 on Saturday with a market cap of $1.63 billion and a P/E ratio of 16.58.
- Several institutional investors, including BlackRock and Vanguard, adjusted their positions in La-Z-Boy recently.
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Jennifer Lynn McCurry, the Chief Accounting Officer at La-Z-Boy Incorporated, sold 3,715 shares of the company on June 25, 2026. The shares were sold at an average price of $41.05 each, bringing the total transaction to approximately $152,500. This sale was not part of a pre-planned trading program.
Insider Buying and Selling at La-Z-Boy Incorporated
In addition to McCurry's recent sale, several other executives at La-Z-Boy made similar moves. On June 24, 2026, Jennifer Lynn McCurry sold another 193 shares at $41.85. Other insiders, including Terrence James Linz, Taylor Edward Luebke, Carol Young Lee, and Raphaell Richmond, also sold shares around the same date, each at $41.85 per share.
Other Institutional Activity in La-Z-Boy
Institutional investors have been active in La-Z-Boy as well. BlackRock, Inc. increased its holdings by 39,348 shares, now owning 6,421,949 shares valued at about $206.4 million, a 0.6% increase. Vanguard Portfolio Management LLC opened a new position with 2,739,563 shares, valued at approximately $88 million. Dimensional Fund Advisors LP added 38,870 shares, reaching a total of 2,694,255 shares worth around $86.6 million, marking a 1.5% increase. Meanwhile, Franklin Resources Inc. reduced its position by 180,323 shares, now holding 1,671,550 shares valued at $53.7 million, a 9.7% decrease.
La-Z-Boy Incorporated Stock Up 25.7%
Shares of NYSE:LZB traded near $40.95 on Saturday. La-Z-Boy Incorporated has a market capitalization of approximately $1.63 billion and a P/E ratio of 16.58. The stock's 52-week range is between $29.03 and $44.90. It has a 50-day moving average of $36.65 and a 200-day moving average of $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.
Analysts Set New Price Targets
Analysts have recently updated their views on 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 a 'buy,' setting a target price of $46.00. Currently, the consensus from analysts is a 'buy' rating with an average target price of $46.00 based on two analyst opinions.
About La-Z-Boy Incorporated
La-Z-Boy Incorporated, headquartered in Monroe, Michigan, designs, produces, and sells furniture products. It operates in the Consumer Cyclical sector under the Furnishings, Fixtures & Appliances industry. The company has two segments: Wholesale, which manufactures and imports furniture like recliners and sofas, and Retail, which sells these products directly to consumers through its stores and online platforms. La-Z-Boy also owns Joybird, a direct-to-consumer furniture brand. The company is led by CEO Taylor E. Luebke and employs around 10,200 people.
Bottom Line
Jennifer Lynn McCurry'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 sales to gauge executive sentiment, though they can occur for many reasons unrelated to business performance. The stock's current trading metrics and recent institutional activity provide additional context for those following La-Z-Boy's market performance.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.