La-Z-Boy (LZB) President Sundy Robert II Sells $21K of Stock
Sundy Robert II sold 497 shares of La-Z-Boy for about $20,799 on June 24, 2026.
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Sundy Robert II, President, Retail at La-Z-Boy Incorporated ($LZB), sold 497 shares at an average price of $41.85, worth about $20,799.45, on June 24, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LZB is down 5.0% after 1 week, down 5.2% after 1 month and down 27.6% to date (from the $41.53 close on Jun 24, 2026).
LZB
La-Z-Boy Incorporated
Key Points
- Sundy Robert II sold 497 shares of La-Z-Boy at $41.85 each, totaling about $20,799 on June 24, 2026.
- The stock trades at $40.95, close to its 52-week high of $44.90, reflecting a strong performance in the furnishings sector.
- Other executives, including Raphaell Richmond and Linz Terrence James, have also sold shares recently, indicating increased insider activity at the company.
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Sundy Robert II, President of Retail at La-Z-Boy Incorporated (NYSE: LZB), sold 497 shares of the company on June 24, 2026. The shares were sold at an average price of $41.85 each, bringing in approximately $20,799. La-Z-Boy specializes in making and selling furniture products, operating both wholesale and retail segments.
Inside Sundy Robert II's Trade
Sundy Robert II's sale added to a busy period of insider transactions, following sales by other executives at the company. This sale is part of a broader trend within La-Z-Boy, which has seen multiple insider trades recently. The share count now stands at 497, reflecting this individual transaction.
Other Institutional Activity in La-Z-Boy
On June 30, 2026, several institutional investors updated their stakes in La-Z-Boy. BlackRock Inc. increased its holdings by 196,514 shares, bringing its total to about 6.6 million shares valued at approximately $197.6 million. Vanguard Portfolio Management LLC added 259,707 shares, totaling around 3 million shares worth about $89.6 million. Dimensional Fund Advisors LP grew its stake by 11,047 shares, ending with about 2.7 million shares valued at roughly $80.8 million.
La-Z-Boy Incorporated Stock Up 37.2%
La-Z-Boy shares are currently trading at $40.95, which is nearing its 52-week high of $44.90. The stock has been performing well, particularly in the context of a broader rebound in the consumer cyclical sector. With a market cap of about $1.19 billion, La-Z-Boy's stock is positioned actively in the market.
Recent Earnings
In its most recent earnings report, La-Z-Boy achieved a revenue of about $2.11 billion, with a net margin of approximately 3.86%. The company is expected to report its next earnings on November 17, 2026.
Insider Buying and Selling at La-Z-Boy Incorporated
In addition to Sundy Robert II's sale, Raphaell Richmond, the VP and Chief Compliance Officer, sold 608 shares at $40.95 each on June 26, 2026, totaling about $24,898. Linz Terrence James, the President of Wholesale Brands, sold 661 shares on the same day, with a total value of approximately $27,068. On June 29, Richmond sold another 13,671 shares valued at around $544,516.
Analysts Set New Price Targets
On August 20, 2026, Keybanc maintained its Overweight rating for La-Z-Boy but lowered its price target from $46.00 to $40.00. The current mean price target stands at $41.00 from two analyst opinions, indicating a cautious outlook amid recent insider selling.
About La-Z-Boy
La-Z-Boy Incorporated designs and manufactures upholstery furniture products, operating mainly in the U.S. and internationally. The company has been navigating recent market fluctuations while engaging in various insider sales, reflecting active management involvement.
Bottom Line
Investors should watch for La-Z-Boy's upcoming earnings report on November 17, 2026, and stay tuned for further insider activity as these trades may reflect confidence or caution in the company's future performance. Note that Sundy Robert II's sale was disclosed after the fact as part of regular reporting requirements for executives.
Related Filing Alerts
Source: Sundy Robert II's Form 4 filing on $LZB (Jun 24, 2026). Find the original filing: LZB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts