La-Z-Boy Inc’s filing revealed that its Director KERR JANET unloaded Company’s shares for reported $0.16 million on Sep 05 ’24. In the deal valued at $40.89 per share,3,890 shares were sold. As a result of this transaction, KERR JANET now holds 3,372 shares worth roughly $0.15 million.
Then, KERR JANET bought 3,890 shares, generating $157,131 in total proceeds.
Before that, McCurry Jennifer Lynn sold 4,414 shares. La-Z-Boy Inc shares valued at $182,326 were divested by the Chief Accounting Officer at a price of $41.31 per share. As a result of the transaction, McCurry Jennifer Lynn now holds 13,236 shares, worth roughly $0.58 million.
Sidoti downgraded its La-Z-Boy Inc [LZB] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in late August from “an Outperform” to “a Mkt perform”. Sidoti also remained covering LZB and has increased its forecast on October 19, 2020 with a “Buy” recommendation from previously “Neutral” rating. Sidoti revised its rating on March 09, 2020. It rated LZB as “a Buy” which previously was an “a Neutral”.
Price Performance Review of LZB
On Tuesday, La-Z-Boy Inc [NYSE:LZB] saw its stock jump 1.48% to $43.90. Over the last five days, the stock has lost -1.68%. La-Z-Boy Inc shares have risen nearly 18.91% since the year began. Nevertheless, the stocks have risen 17.38% over the past one year. While a 52-week high of $46.47 was reached on 12/18/24, a 52-week low of $32.00 was recorded on 05/01/24. SMA at 50 days reached $42.48, while 200 days put it at $39.32.
Levels Of Support And Resistance For LZB Stock
The 24-hour chart illustrates a support level at 43.37, which if violated will result in even more drops to 42.85. On the upside, there is a resistance level at 44.16. A further resistance level may holdings at 44.43. The Relative Strength Index (RSI) on the 14-day chart is 51.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.75%. Stochastics %K at 28.91% indicates the stock is a holding.
How much short interest is there in La-Z-Boy Inc?
A steep rise in short interest was recorded in La-Z-Boy Inc stocks on 2024-10-31, dropping by 1586.0 shares to a total of 1.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.89 million shares. There was a decline of -0.08%, which implies that there is a negative sentiment for the stock.
