LegalZoom.com Inc.’s recent filing unveils that its Chief Operating Officer Preece Richard unloaded Company’s shares for reported $0.12 million on Mar 15 ’24. In the deal valued at $13.17 per share,9,462 shares were sold. As a result of this transaction, Preece Richard now holds 498,519 shares worth roughly $6.54 million.
Then, Murphy John Francis sold 10,000 shares, generating $124,740 in total proceeds. Upon selling the shares at $12.47, the Director now owns 40,507 shares.
Before that, Miller Nicole sold 24,557 shares. LegalZoom.com Inc. shares valued at $239,431 were divested by the EVP and General Counsel at a price of $9.75 per share. As a result of the transaction, Miller Nicole now holds 208,641 shares, worth roughly $2.74 million.
Price Performance Review of LZ
On Friday, LegalZoom.com Inc. [NASDAQ:LZ] saw its stock fall -0.30% to $13.11. Over the last five days, the stock has lost -1.72%. LegalZoom.com Inc. shares have risen nearly 16.02% since the year began. Nevertheless, the stocks have risen 40.51% over the past one year. While a 52-week high of $15.68 was reached on 03/13/24, a 52-week low of $6.89 was recorded on 02/21/24. SMA at 50 days reached $11.95, while 200 days put it at $11.62. A total of 0.88 million shares were traded, compared to the trading of 1.18 million shares in the previous session.
Levels Of Support And Resistance For LZ Stock
The 24-hour chart illustrates a support level at 12.98, which if violated will result in even more drops to 12.86. On the upside, there is a resistance level at 13.24. A further resistance level may holdings at 13.37. The Relative Strength Index (RSI) on the 14-day chart is 56.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.31%. Stochastics %K at 27.87% indicates the stock is a holding.
How much short interest is there in LegalZoom.com Inc.?
A steep rise in short interest was recorded in LegalZoom.com Inc. stocks on Mar 15, 2024, growing by 0.22 million shares to a total of 4.05 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 3.83 million shares. There was a rise of 5.43%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 3.55% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.09.
