Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
Marshall Wace LLP increased its holdings in La-Z-Boy Incorporated (NYSE: LZB) during the third quarter, as stated in the most recent report that the company has submitted to the Securities and Exchange Commission (SEC).
The company spent approximately $5,078,000 to purchase 224,950 shares of stock.
This brings the total number of shares owned by the company to 537,500.
MillerKnoll (NASDAQ:MLKN) is set to post its quarterly earnings results after the market closes on Wednesday, March 22nd. MillerKnoll has set its Q3 2023 guidance at $0.40-$0.46 EPS and its Q3 guidance at $0.40-0.46 EPS.Investors interested in registering for the company’s conference call can do so using this link.
MONROE, Mich., March 14, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Melinda D. Whittington, President and Chief Executive Officer, and Bob Lucian, Chief Financial Officer, will present at the Sidoti Small-Cap Conference, on Thursday, March 23, 2023, at 2:30 p.m. Eastern. The presentation will be webcast live and will be archived for 90 days. It will be available at https://lazboy.gcs-web.com/.
ZEELAND — MillerKnoll is teaming up with customer data platform Amperity to boost its data strategy.
The Zeeland-based office furniture manufacturer has selected Amperity to help maximize its omnichannel data and reach more customers through personalized experiences.
Amperity offers a unified view for companies to understand data across all touchpoints. The platform has been used by brands such as Kroger, Planet Fitness, Under Armour, Lucky Brand, Alaska Airlines and Wyndham Hotels & Resorts.
The most recent document filed with the SEC indicates that Petrus Trust Company LTA completed the acquisition of MillerKnoll, INC (NASDAQ: MLKN) during the third quarter of this year.
The institutional investor spent nearly $188,000 to purchase 12,035 shares of the company’s stock, bringing the total amount spent to approximately $188,000.
According to the most recent disclosure by Steelcase INC (NYSE: SCS) with the Securities and Exchange Commission (SEC), Boothbay Fund Management LLC bought new company shares during the third quarter.
The institutional investor purchased 24,330 shares of the company’s stock for approximately $159,000 to complete the transaction.
In a separate report distributed on November 29th, Benchmark downgraded Steelcase from a “buy” recommendation to a “hold” rating.
MUSCATINE, Iowa – Office and contract furniture giant HNI Corp. has acquired Kimball, another big player in the office furniture space. The cash and stock transaction is valued at $485 million.
Under the terms of the agreement, Kimball shareholders will receive $9 in cash and 0.1301 shares of HNI common stock for each share of Kimball International common stock they own. As a result of the transaction, Kimball shareholders will own approximately 10% of the combined company.
The most recent 13F filing that Cubist Systematic Strategies LLC submitted with the Securities and Exchange Commission (SEC) revealed that during the third quarter, the company’s investment in La-Z-Boy Incorporated (NYSE: LZB) was reduced by 63.1%.
The business was left in possession of 134,496 shares of the company’s stock after selling 229,847 shares during the period above.
The most recent disclosure that AlphaCrest Capital Management LLC made to the Securities and Exchange Commission indicated that the company’s holdings in La-Z-Boy Incorporated (NYSE: LZB) were reduced by 46.1% during the third quarter of 2018.
This information was provided in response to a request from the SEC.
As a result of the fund selling 48,728 shares of the company’s stock during the quarter, the total number of shares it currently holds in its portfolio is 56,999.
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