Leggett & Platt (LEG) EVP Nicole Buys $739 of Stock

Odaffer Lindsey Nicole, the Executive Vice President and Chief HR Officer at LEG, bought 82 shares of the company on June 12, 2026. The shares were acquired at an average price of $9.01, totaling a transaction value of $738.82. This move was not part of a pre-planned trading program.

Insider Buying and Selling at Leggett & Platt Inc

Several LEG insiders were active on June 12, 2026. Ryan Michael Kleiboeker, EVP-Chief Strategic Planning Officer, purchased 86 shares at $9.01. Robert Jr. Smith, EVP, President - Specialized and FF&T, bought 310 shares at a slightly lower price of $8.67. President and CEO Karl Glassman acquired 274 shares for $9.01 each. Meanwhile, Jennifer Joy Davis, EVP - General Counsel, added 103 shares to her holdings at the same price. Benjamin Michael Burns, Executive Vice President and CFO, also bought 125 shares at $9.01.

Other Institutional Activity in LEG

Institutional investors have been adjusting their positions in LEG. BlackRock, Inc. reduced its holdings by 267,808 shares, ending with 21,957,281 shares valued at approximately $216.9 million. Vanguard Portfolio Management LLC initiated a new position with 12,207,453 shares worth about $120.6 million. Similarly, Vanguard Capital Management LLC added 5,774,879 shares, reaching a total of 5,774,879 shares valued at $57.1 million. State Street Corp slightly trimmed its position by 30,654 shares, leaving it with 5,564,806 shares valued at $55.3 million. Forest Avenue Capital Management LP significantly increased its stake by 2,468,855 shares, bringing its total to 3,702,389 shares valued at $36.6 million. Geode Capital Management, LLC made a modest addition of 11,987 shares, holding 3,185,720 shares worth $31.5 million.

Analysts Set New Price Targets

Analysts have maintained their outlook on LEG. On May 8, 2026, Truist Securities maintained a 'hold' rating with a price target of $11. Piper Sandler also kept a 'hold' rating with a $12 target on December 11, 2025. Goldman Sachs, on April 30, 2025, maintained its 'hold' rating with a target of $9. Overall, the consensus among analysts is to hold, with an average target price indicating a cautious outlook.

Bottom Line

The insider buying activity at LEG, particularly by high-ranking executives, is noteworthy for investors tracking the company. While these transactions reflect their confidence, it's important to remember that these filings do not necessarily indicate future stock performance. Institutional investors have also been actively trading LEG, with some increasing and others decreasing their stakes. Analysts maintain a cautious 'hold' stance, reflecting a balanced view on the company's prospects.