La-Z-Boy (LZB) VP & CIO Lee Carol Young Buys 12,103 Shares

Insider Buying and Selling at La-Z-Boy Incorporated

Lee Carol Young, the VP & Chief Information Officer at La-Z-Boy Incorporated, purchased 12,103 shares on June 22, 2026. The shares were bought at a price of $40.30 each. This purchase comes as the stock is trading near its 52-week high of $44.90.

Recent Insider Activity

Young's buy contrasts with recent selling activity among La-Z-Boy insiders. On June 26, 2026, Raphaell Richmond, the VP, GC & Chief Compliance Officer, sold 608 shares at $40.95, totaling about $24,897.60. That same day, Linz Terrence James, the President of Wholesale Brands, sold 661 shares for roughly $27,067.95. Additionally, on June 24, 2026, Luebke Taylor Edward, the SVP and CFO, sold 159 shares at $41.85, amounting to around $6,654.15. This pattern of selling occurred amid Young's purchase, which may suggest differing views on the company's outlook among executives.

Institutional Insight

No peer fund activity was reported in La-Z-Boy's recent filings, as the data for other institutional investors is currently unavailable. However, this insider transaction adds a layer of interest to the stock, particularly as it coincides with multiple insider sales.

Stock Performance Near 52-Week High

La-Z-Boy's stock is currently trading at $40.30, close to its 52-week high of $44.90. This positioning suggests that investors are optimistic about the company's performance, especially with the next earnings report set for November 17, 2026. The stock's recent movement indicates a potential recovery after a dip, as it also trades above its 50-day moving average of $36.43.

Analysts Set New Price Targets

On August 20, 2026, Keybanc maintained an Overweight rating on La-Z-Boy with a price target of $40.00, down from a previous target of $46.00. This adjustment reflects analysts' cautious optimism as they monitor the company's performance leading up to its next earnings report. With two analyst opinions available, the consensus suggests a stable outlook for La-Z-Boy.

What La-Z-Boy Incorporated Does

La-Z-Boy Incorporated, headquartered in Monroe, Michigan, manufactures and sells upholstered furniture products. The company operates through both wholesale and retail segments, offering a variety of furniture options including recliners, sofas, and bedroom sets. With over 10,200 employees, La-Z-Boy continues to be a significant player in the furnishings industry.

What's Ahead for La-Z-Boy Incorporated

Investors will be watching La-Z-Boy closely as it approaches its earnings date on November 17, 2026. The recent insider buying activity adds interest to the stock, particularly in light of the recent sales by other executives. As always, it's important to remember that the reported insider transactions reflect past decisions and may not indicate current positions or sentiments.