Leggett & Platt Insider Buys Shares
Odaffer Lindsey Nicole purchased 74 shares of Leggett & Platt.
Key Points
- Odaffer Lindsey Nicole, EVP - Chief HR Officer, bought 74 shares of Leggett & Platt at $9.92 per share, totaling $734.08.
- Leggett & Platt shares traded near $11.67 on Monday, with a market cap of approximately $1.59 billion and a P/E ratio of 7.25.
- BlackRock and State Street Corp reduced their positions in Leggett & Platt, while Vanguard entities opened new positions.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Odaffer Lindsey Nicole, Executive Vice President and Chief HR Officer at Leggett & Platt, Incorporated, recently purchased 74 shares of the company. This transaction took place on June 26, 2026, at an average price of $9.92 per share, amounting to a total value of $734.08. This move was not part of a pre-scheduled trading plan.
Insider Buying and Selling at Leggett & Platt, Incorporated
In addition to Odaffer's purchase, several other executives at Leggett & Platt also bought shares on the same day. Jennifer Joy Davis, EVP - General Counsel, acquired 93 shares at $9.92 each. James Tyson Hagale, EVP and President of Bedding Products, purchased 368 shares at $9.52 per share. Ryan Michael Kleiboeker, EVP-Chief Strategic Planning Officer, acquired 78 shares at $9.92 each. Benjamin Michael Burns, Executive Vice President and CFO, bought 113 shares at $9.92 per share. Lastly, Robert Jr Smith, EVP, President of Specialty and FF&T, purchased 281 shares at $9.55 each.
Other Institutional Activity in Leggett & Platt
Among institutional investors, BlackRock, Inc. decreased its holdings by 267,808 shares, leaving it with 21,957,281 shares valued at approximately $216.94 million. State Street Corp also trimmed its position by 30,654 shares, ending with 5,564,806 shares worth about $55.26 million. On the other hand, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, acquiring 12,207,453 shares and 5,774,879 shares, respectively. Forest Avenue Capital Management LP significantly increased its stake by 2,468,855 shares, bringing its total to 3,702,389 shares worth about $36.58 million.
Leggett & Platt, Incorporated Stock Up 24.9%
Shares of Leggett & Platt, traded on the NYSE under the ticker LEG, were near $11.67 on Monday. The company has a market cap of approximately $1.59 billion and a P/E ratio of 7.25. Its stock has seen a 52-week low of $7.86 and a high of $13.00. The company's 50-day moving average is $10.55, while the 200-day moving average is $10.48. Leggett & Platt maintains a current ratio of 2.33 and a quick ratio of 1.38, with a debt-to-equity ratio of 158.50.
$LEG stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On May 8, 2026, Truist Securities maintained its hold rating on Leggett & Platt, setting a price target of $11.00. The consensus among analysts is a hold rating, with a mean target price of $11.50 based on two analyst opinions.
About Leggett & Platt
Leggett & Platt, Incorporated designs, manufactures, and sells engineered components and products across the globe. Headquartered in Carthage, Missouri, the company operates in the Consumer Cyclical sector, specifically the Furnishings, Fixtures & Appliances industry. It offers a range of products, including steel rods, innersprings, specialty foam, and bedding components. The company also serves the automotive and aerospace industries with various mechanical and pneumatic systems. Leggett & Platt was founded in 1883 and employs about 15,900 people under the leadership of CEO Karl G. Glassman.
Bottom Line
The recent insider buying activity at Leggett & Platt, Incorporated suggests confidence among its executives in the company's future. Investors often track such moves as potential indicators of a company's prospects. However, it's important to remember that insider transactions and institutional moves are just one piece of the puzzle when evaluating a stock's potential.
Get Leggett & Platt, Incorporated alerts
New 13F filings, insider trades, and analyst moves on $LEG, sent to your inbox. Free, and you can unsubscribe anytime.
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.