Leggett & Platt (LEG) EVP Hagale James Tyson Buys $3.5K of Stock

Hagale James Tyson, Executive Vice President and President of Bedding Products at LEG, recently bought 405 shares of the company. This purchase, made on June 12, 2026, was at an average price of $8.64 per share, totaling about $3,500. Tyson's acquisition was not part of a pre-planned trading program.

Other Institutional Activity in LEG

Several major institutional investors have also adjusted their stakes in LEG. BlackRock, Inc. reduced its holdings by 267,808 shares, leaving it with 21,957,281 shares valued at approximately $216.9 million. Vanguard Portfolio Management LLC added 12,207,453 shares, bringing its total to 12,207,453 shares worth about $120.6 million. Vanguard Capital Management LLC also increased its position, now holding 5,774,879 shares valued at $57.1 million. Meanwhile, State Street Corp slightly trimmed its stake by 30,654 shares, ending with 5,564,806 shares worth $55.3 million. Forest Avenue Capital Management LP significantly boosted its holdings by 2,468,855 shares, now totaling 3,702,389 shares valued at approximately $36.6 million.

Leggett & Platt Inc Stock Up 13.7%

Shares of LEG are currently trading around $10.60. The stock has seen a range over the past 52 weeks, with a low of $8.50 and a high of $12.40. The company's recent market movements reflect its ongoing operations and market conditions.

Insider Buying and Selling at Leggett & Platt Inc

On the same day as Tyson's purchase, several other executives at LEG also acquired shares. Ryan Michael Kleiboeker, EVP-Chief Strategic Planning Officer, bought 86 shares at $9.01 each. Robert Jr. Smith, EVP and President of Specialty and FF&T, purchased 310 shares at $8.67 per share. Karl Glassman, President and CEO, acquired 274 shares at $9.01. Jennifer Joy Davis, EVP and General Counsel, bought 103 shares at the same price. Lindsey Nicole Odaffer, EVP and Chief HR Officer, added 82 shares, and Benjamin Michael Burns, Executive Vice President and CFO, purchased 125 shares, all at $9.01.

Analysts Set New Price Targets

On May 8, 2026, Truist Securities maintained its 'hold' rating on LEG, with a price target of $11. Piper Sandler also holds a 'hold' rating, with targets set at $12 and $10 in previous assessments. The consensus among analysts is a 'hold' recommendation, with an average target price around $11 based on multiple opinions.

Bottom Line

Hagale James Tyson's recent purchase of LEG shares highlights ongoing insider confidence in the company. While LEG's stock price hovers around $10.60, institutional investors are making varied adjustments to their positions. Analysts maintain a cautious 'hold' stance, reflecting a balanced view of the company's prospects. As always, insider transactions are just one piece of the broader investment puzzle.