La-Z-Boy (LZB) President Sundy Robert II Sells $125K of Stock
President of Retail Robert Sundy II trimmed his holdings in La-Z-Boy Incorporated as part of a busy stretch of executive stock activity.
Reviewed by automated data checks against the source filing. How we make and check alerts
Sundy Robert II, President, Retail at La-Z-Boy Incorporated ($LZB), sold 3,119 shares at an average price of $39.99, worth about $124,728.81, on June 22, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LZB is down 0.1% after 1 week, down 1.7% after 1 month and down 24.2% to date (from the $39.69 close on Jun 22, 2026).
LZB
La-Z-Boy Incorporated
Key Points
- La-Z-Boy Incorporated President of Retail Robert Sundy II sold 3,119 shares on June 22, 2026, at a price of $39.99 for a total value of $124,728.81.
- The broader executive team participated in transactions throughout late June, including sales by Chief Accounting Officer Jennifer Mccurry, CFO Edward Taylor Luebke, and other leaders.
- Keybanc maintained an overweight rating on the furniture maker with a $40.00 price target on August 20, 2026, as the company prepares for its November earnings report.
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Robert Sundy II Executes Stock Sale at La-Z-Boy Incorporated
La-Z-Boy Incorporated NYSE: LZB saw internal share activity when President of Retail Robert Sundy II sold 3,119 shares on June 22, 2026. The transaction took place at a price of $39.99 per share, resulting in a total value of $124,728.81. This filing captures executive maneuvering at the furniture maker during an active period for internal transactions.
Broad Wave of Insider Selling Across Leadership
The trade by Sundy formed part of a larger cluster of insider dispositions at the Monroe, Michigan-based firm during late June. Chief Financial Officer Edward Taylor Luebke sold 159 shares for $6,654.15 on June 24, 2026. On that same day, President of Wholesale Brands Terrence James Linz sold 482 shares for $20,171.70, followed by another sale of 661 shares for $27,067.95 on June 26, 2026. Chief Accounting Officer Jennifer Mccurry also participated in the activity, unloading 193 shares for $8,077.05 on June 24, 2026, and a larger block of 3,715 shares on June 25, 2026, valued at $152,500.75. Executive Raphaell Richmond added to the sequence by selling 608 shares for $24,897.60 on June 26, 2026.
Stock Valuation and Price Trends
Shares of the furniture manufacturer recently traded around $40.30, holding above key moving averages while navigating a 52-week trading spectrum that spans from a low of $29.03 up to a high of $44.90. The company carries a price-to-earnings ratio of 15.08, supported by a forward P/E of 10.56. Market participants continue to watch the equity as it moves within its established technical boundaries.
Analysts Set New Price Targets
Wall Street firms continue to monitor the furniture business ahead of upcoming financial updates. On August 20, 2026, Keybanc maintained an overweight rating on the stock while adjusting its price target from $46.00 to $40.00. Current analyst consensus points toward a mean price target of $41.00 based on two analyst opinions.
Overview of Operations at La-Z-Boy
La-Z-Boy Incorporated designs, builds, and distributes residential upholstery and other home furnishings through wholesale channels and retail showrooms across international markets. The enterprise manages brands like Joybird alongside its traditional furniture lines to reach everyday consumers via digital platforms and physical storefronts.
Looking Ahead to November Earnings
Investors are keeping an eye on the company's next earnings release, which is scheduled for November 17, 2026. These routine insider filings offer a window into executive portfolio adjustments, though they do not necessarily signal shifts in company fundamentals.
Related Filing Alerts
Source: Sundy Robert II's Form 4 filing on $LZB (Jun 22, 2026). Find the original filing: LZB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts