Raphaell Richmond Sells Shares of La-Z-Boy

Raphaell Richmond, Vice President and Chief Compliance Officer at La-Z-Boy Incorporated, recently sold 474 shares of the company. The transaction took place on June 24, 2026, with each share sold at an average price of $41.85, totaling $19,836.90. This sale was not part of a pre-scheduled trading plan.

Insider Buying and Selling at La-Z-Boy Incorporated

Several insiders at La-Z-Boy also engaged in stock sales on June 24, 2026. Lee Carol Young, the VP & Chief Information Officer, sold 262 shares, while President and CEO Melinda Whittington sold 5,096 shares. Robert Sundy II, President of Retail, parted with 497 shares, and Katherine Vanderjagt, VP & Chief HR Officer, sold 408 shares. Additionally, Michael Adam Leggett, Sr VP & Chief Supply Chain Officer, sold 9,000 shares at a slightly lower price of $41.66 per share.

La-Z-Boy Incorporated Stock Up 25.7%

Shares of NYSE:LZB traded around $40.80 on Saturday. La-Z-Boy has a market capitalization of approximately $1.63 billion. The stock's P/E ratio stands at 16.5, with a forward P/E of 12.4, indicating potential earnings growth. The company's beta is 1.28, suggesting higher volatility compared to the market. Over the past year, the stock has seen a low of $29.03 and a high of $44.90. Its 50-day moving average is $36.51, while the 200-day moving average is $35.57. La-Z-Boy maintains a current ratio of 1.8 and a quick ratio of 1.1, with a debt-to-equity ratio of 53.1.

Analysts Set New Price Targets

Analysts have recently shown optimism towards La-Z-Boy's stock. On November 19, 2025, Sidoti & Co. upgraded the stock to a 'buy' rating, setting a price target of $39.00. Earlier, on April 25, 2025, Keybanc also upgraded the stock to a 'buy', with a price target of $46.00. The consensus among analysts is a 'buy' rating, with a mean target price of $46.00 based on two opinions.

About La-Z-Boy Incorporated

La-Z-Boy Incorporated is a well-known manufacturer and retailer of furniture, specializing in upholstered products like recliners, sofas, and motion furniture. The company operates through its Wholesale and Retail segments, serving both domestic and international markets. Headquartered in Monroe, Michigan, and led by CEO Mr. Taylor E. Luebke, La-Z-Boy employs around 10,200 people. It also operates Joybird, an online and direct-to-consumer furniture brand.

Bottom Line

Raphaell Richmond's recent sale of La-Z-Boy shares is part of a broader pattern of insider transactions at the company. Investors often track these insider moves for potential insights, though they don't necessarily indicate a negative outlook. La-Z-Boy's stock remains a focus for analysts, with recent upgrades to a 'buy' rating reflecting confidence in its future prospects.