La-Z-Boy (LZB) President Linz Terrence James Sells $27K of Stock

Linz Terrence James, the President of Wholesale Brands at La-Z-Boy Incorporated, sold 661 shares on June 26, 2026, for a total of about $27,067.95. He sold the shares at an average price of $40.95 each.

Inside Linz Terrence James's Trade

James's recent sale is part of a busy stretch for insider transactions at La-Z-Boy. This sale comes just days after another executive, Raphaell Richmond, sold 608 shares on the same date. The stock is currently trading around $40.12, slightly below the sale price of James.

Other Institutional Activity in La-Z-Boy

On June 30, several other funds reported their holdings in La-Z-Boy. Blackrock Inc. added 196,514 shares, bringing its total to 6,618,524 shares now worth roughly $197.6 million. Vanguard Portfolio Management LLC increased its stake by 259,707 shares, now holding 2,999,232 shares valued at about $89.6 million. American Century Companies Inc. grew its holdings by 206,021 shares, resulting in a total of 1,835,932 shares worth approximately $54.8 million.

La-Z-Boy Incorporated Stock Up 34.5%

La-Z-Boy shares are trading near $40.12, which is close to their 52-week high of $44.90. The stock has shown strength in recent weeks, moving well above its 50-day moving average of $36.43. This recent insider activity adds another layer to monitoring the stock as it remains robust in a competitive market.

Recent Earnings

La-Z-Boy reported revenues of approximately $2.11 billion, but it faced a slight revenue decline of 3.4% year-over-year. The company's earnings per share (EPS) stands at $1.97, reflecting a net margin of 3.86%. The next earnings report is expected on November 17, 2026.

Dividend

La-Z-Boy pays an annual dividend of $0.97 per share, yielding around 3.24%. The current payout ratio is 48.02%, indicating a balanced approach to returning value to shareholders while maintaining growth potential.

Insider Buying and Selling at La-Z-Boy Incorporated

Alongside James, Raphaell Richmond, the VP and Chief Compliance Officer, sold 608 shares on June 26 for $24,897.60, also at $40.95 each. On June 29, Richmond sold an additional 13,671 shares at a price of $39.83 each, totaling about $544,515.93. Taylor Edward Luebke, the SVP and CFO, sold 159 shares on June 24 for approximately $6,654.15 at $41.85 per share.

Analysts Set New Price Targets

Analysts are watching La-Z-Boy closely. On August 20, 2026, Keybanc maintained an Overweight rating with a price target of $40.00, down from a previous target of $46.00. Currently, the average target price from two analysts is $41.00.

About La-Z-Boy

La-Z-Boy Incorporated manufactures and sells upholstery furniture products, including recliners, sofas, and chairs. The company operates through both wholesale and retail segments, serving customers in the U.S. and internationally. The recent trades by executives suggest active management as the company navigates a competitive landscape.

Bottom Line

Investors should watch for La-Z-Boy's next earnings release on November 17, 2026. The insider sales reflect past decisions and do not necessarily indicate future performance. Note that the 13F filings provide a snapshot of positions held at the end of the reporting period and may not reflect current holdings.