Leggett & Platt (LEG) EVP Smith Robert JR Buys $2.7K of Stock
Robert Smith, EVP at Leggett & Platt, bought 281 shares valued at $2,682.54 on June 26, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Smith Robert JR, EVP, Pres. - Spec. and FF&T at Leggett & Platt, Incorporated ($LEG), bought 281 shares at an average price of $9.55, worth about $2,682.54, on June 26, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LEG is down 0.2% to date (from the $11.67 close on Jun 26, 2026).
LEG
Leggett & Platt, Incorporated
Key Points
- Robert Smith purchased 281 shares of Leggett & Platt at an average price of $9.55, totaling approximately $2,682.54.
- On the same day, several other executives at Leggett & Platt made similar purchases, signaling confidence in the company.
- Analysts maintain a Neutral rating on Leggett & Platt with a price target of $10.00, down from $12.00.
Get $LEG trade alerts by text
We text you when insiders, Congress or big funds trade $LEG. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Leggett & Platt, Incorporated alert may contain errors. Disclosures
Insider Buying and Selling at Leggett & Platt, Incorporated
Robert Smith, Executive Vice President at Leggett & Platt, Incorporated (NYSE: LEG), bought 281 shares on June 26, 2026. The purchase was valued at about $2,682.54, with an average price of $9.55 per share. This transaction aligns with a pattern of insider buying at the company, as several other executives also made purchases on the same day.
Other Executives Join In
On June 26, several other Leggett & Platt executives also bought shares. Karl Glassman, the President and CEO, acquired 249 shares for approximately $2,470.08. Odaffer Lindsey Nicole, EVP - Chief HR Officer, purchased 74 shares valued at about $734.08. CFO Benjamin Michael Burns bought 113 shares for around $1,120.96, while Ryan Kleiboeker, EVP-Chief Strategic Planning Officer, acquired 78 shares valued at about $773.76. James Tyson Hagale, EVP and President of Bedding Products, purchased 368 shares for approximately $3,502.66. Jennifer Joy Davis, EVP - General Counsel, also bought 93 shares valued at about $922.56. This collective buying suggests a strong belief in the company's future prospects.
How Leggett & Platt, Incorporated Stock Has Traded
Leggett & Platt shares are currently trading at $11.64, above the previous close of $9.32. The stock is performing well, having a 52-week range between $8.34 and $13.00. This purchase comes as the stock is showing strength, trading above its 50-day moving average of $10.50.
Analysts Set New Price Targets
On August 12, 2026, Piper Sandler maintained a Neutral rating on Leggett & Platt, adjusting the price target to $10.00 from a previous target of $12.00. This reflects a cautious stance from analysts as they assess the company's performance amidst recent insider activity. The average target price suggests modest growth potential, with only one analyst opinion available.
About Leggett & Platt
Leggett & Platt designs and manufactures a variety of engineered components and products for industries such as bedding, furniture, and automotive. The company has a market cap of approximately $1.26 billion and a P/E ratio of 5.90, indicating it may be valued attractively compared to its earnings.
What's Next for Leggett & Platt, Incorporated
Looking ahead, investors will be watching for Leggett & Platt's next earnings report scheduled for October 26, 2026. The recent insider buying reflects confidence among executives but is based on past positions, as the 13F filings only show historical holdings. Further updates will provide insight into the company's performance and insider sentiment.
Related Filing Alerts
Source: Smith Robert JR's Form 4 filing on $LEG (Jun 26, 2026). Find the original filing: LEG Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts