---
title: "Top La-Z-Boy Executive Makes Major Move With Insider Stock Sale"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290911019.md"
description: "La-Z-Boy Executive Michael Leggett sold 9,526 shares for $396,047 on June 25, 2026. This follows a 12% stock jump after Q4 results beat expectations. Spark rates LZB as an Outperform, citing strong technical momentum and capital returns despite softer demand."
datetime: "2026-06-26T02:03:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290911019.md)
  - [en](https://longbridge.com/en/news/290911019.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290911019.md)
generator: "portal-rs"
---

# Top La-Z-Boy Executive Makes Major Move With Insider Stock Sale

New insider activity at La-Z-Boy Incorporated ( (LZB) ) has taken place on June 25, 2026.

Michael Adam Leggett, Sr VP & Chief Supply Chain Officer at La-Z-Boy Incorporated, recently sold 9,526 shares of the company’s stock in a transaction valued at $396,047, highlighting a notable insider sale within the furniture maker’s leadership team.

La-Z-Boy shares jumped about 12% to around $39 after Q4 results beat expectations on earnings and margins despite flat revenue. Analysts’ latest stance and targets appear driven by stronger-than-expected retail growth, expanding operating margins, robust cash generation, and a new $300M buyback, balanced against ongoing Joybird weakness and near-term cost and margin pressure from supply-chain and plant consolidation initiatives.

**Spark’s Take on LZB Stock**

According to Spark, TipRanks’ AI Analyst, LZB is a Outperform.

Overall score reflects solid but not accelerating fundamentals (softer demand, margin/FCF consistency pressure) balanced by strong technical momentum and supportive capital return/strategy messaging from the latest earnings call; valuation and dividend are moderately attractive but not deeply compelling.

To see Spark’s full report on LZB stock,  
 click here. 

**More about La-Z-Boy Incorporated**

**YTD Price Performance:** 13.78%

**Average Trading Volume:** 480,271

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** $1.61B

### Related Stocks

- [LZB.US](https://longbridge.com/en/quote/LZB.US.md)

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- [KeyBanc Sticks to Its Buy Rating for La-Z-Boy Incorporated (LZB)](https://longbridge.com/en/news/296445311.md)
- [Top La-Z-Boy Executive Makes Notable Insider Move in Fresh Stock Sale](https://longbridge.com/en/news/291484659.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**