La-Z-Boy (LZB) President Linz Terrence James Sells $23K of Stock
La-Z-Boy's President, Terrence James, sold 582 shares worth $23,454.60 on June 23, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Linz Terrence James, President, Wholesale Brands at La-Z-Boy Incorporated ($LZB), sold 582 shares at an average price of $40.30, worth about $23,454.60, on June 23, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LZB is down 0.4% after 1 week, down 3.6% after 1 month and down 24.8% to date (from the $39.99 close on Jun 23, 2026).
LZB
La-Z-Boy Incorporated
Key Points
- Linz Terrence James, President of Wholesale Brands at La-Z-Boy, sold 582 shares for $23,454.60 on June 23, 2026.
- La-Z-Boy shares recently traded at $40.80, up from a 52-week low of $29.03.
- The company has a market cap of about $1.19 billion, with analysts setting a price target average of $41.00.
Get $LZB trade alerts by text
We text you when insiders, Congress or big funds trade $LZB. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated La-Z-Boy Incorporated alert may contain errors. Disclosures
Linz Terrence James, President of Wholesale Brands at La-Z-Boy Incorporated (NYSE: LZB), sold 582 shares for $23,454.60 on June 23, 2026. The shares were sold at an average price of $40.30 each, while La-Z-Boy shares were trading at $40.80 around the time of the sale.
James' transaction adds to a recent flurry of insider selling at the company. On June 26, he sold another 661 shares for $27,067.95. Just days later, on June 29, Raphaell Richmond, the VP and Chief Compliance Officer, sold 13,671 shares valued at around $544,516.
Other Institutional Activity in La-Z-Boy
Several institutional investors have adjusted their positions in La-Z-Boy recently. Blackrock Inc. increased its holdings by 196,514 shares, bringing its total to about 6.6 million shares worth roughly $197.6 million. Vanguard Portfolio Management LLC added 259,707 shares, now holding about 2.9 million shares valued at around $89.6 million. Additionally, American Century Companies Inc. grew its stake by 206,021 shares, resulting in approximately 1.8 million shares worth about $54.8 million.
La-Z-Boy Incorporated Stock Up 36.7%
As of the publication date, La-Z-Boy shares are trading at $40.80, sitting near the higher end of its 52-week range, which spans from $29.03 to $44.90. This price is well above its 50-day moving average of $36.43, indicating a strong upward trend.
Recent Earnings
La-Z-Boy reported revenue of approximately $2.11 billion, with a net margin of about 3.86%. The company has an earnings per share (EPS) of $1.97. Its next earnings report is expected on November 17, 2026.
Dividend
La-Z-Boy currently pays an annual dividend of $0.97 per share, which gives it a yield of 3.24%. The company maintains a dividend payout ratio of 48.02%.
Insider Buying and Selling at La-Z-Boy Incorporated
In addition to Terrence James' recent sale, Raphaell Richmond also sold 608 shares on June 26 for about $24,897.60. On June 29, he sold another 13,671 shares at an average price of $39.83, totaling around $544,515.93. On June 24, Taylor Edward Luebke, the SVP and CFO, sold 159 shares for $6,654.15.
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. The average price target among two analysts is currently set at $41.00.
About La-Z-Boy
La-Z-Boy Incorporated manufactures and sells upholstery furniture products, operating in both wholesale and retail markets. Based in Monroe, Michigan, it serves customers in the United States and internationally, making it a well-known name in the furnishings industry.
Bottom Line
Investors may want to keep an eye on La-Z-Boy's upcoming earnings report on November 17, 2026. Additionally, insider selling may be something to monitor, as these trades are reported after they occur. This article reflects the company's position as of the latest insider transactions and may not represent current holdings.
Related Filing Alerts
Source: Linz Terrence James's Form 4 filing on $LZB (Jun 23, 2026). Find the original filing: LZB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts