Insider Trading Alert - LZB, ADSK And CRM Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Friday, June 27, 2014, 35 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $804.12 to $11,369,294.51.

Highlighted Stocks Traded by Insiders:

La-Z-Boy (LZB) - FREE Research Report

Bacon Mark, who is Senior Vice President at La-Z-Boy, sold 8,000 shares at $23.61 on June 27, 2014. Following this transaction, the Senior Vice President owned 121,866 shares meaning that the stake was reduced by 6.16% with the 8,000-share transaction.

The shares most recently traded at $23.26, down $0.35, or 1.49% since the insider transaction. Historical insider transactions for La-Z-Boy go as follows:

  • 4-Week # shares bought: 1,000
  • 4-Week # shares sold: 3,750
  • 12-Week # shares bought: 1,000
  • 12-Week # shares sold: 3,750
  • 24-Week # shares bought: 1,000
  • 24-Week # shares sold: 3,750

The average volume for La-Z-Boy has been 453,000 shares per day over the past 30 days. La-Z-Boy has a market cap of $1.2 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 25% year-to-date as of the close of trading on Friday.

La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery products, accessories, and casegoods furniture products in the United States and Canada. The company also produces reclining chairs and manufactures/distributes residential furniture in the United States. The stock currently has a dividend yield of 1.03%. The company has a P/E ratio of 21.4. Currently, there are 5 analysts who rate La-Z-Boy a buy, no analysts rate it a sell, and none rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on LZB - FREE

TheStreet Quant Ratings rates La-Z-Boy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full La-Z-Boy Ratings Report from TheStreet Quant Ratings now.

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