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Raymond James gives a Mkt perform recommendation for LegalZoom.com Inc. (LZ)

LegalZoom.com Inc.’s filing revealed 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 $6.33 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 $2.65 million.

Price Performance Review of LZ

On Friday, LegalZoom.com Inc. [NASDAQ:LZ] saw its stock fall -2.08% to $12.69. Over the last five days, the stock has lost -3.20%. LegalZoom.com Inc. shares have risen nearly 12.30% since the year began. Nevertheless, the stocks have risen 39.76% 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 $12.17, while 200 days put it at $11.64. A total of 0.91 million shares were traded, compared to the trading of 0.89 million shares in the previous session.

Levels Of Support And Resistance For LZ Stock

The 24-hour chart illustrates a support level at 12.57, which if violated will result in even more drops to 12.45. On the upside, there is a resistance level at 12.83. A further resistance level may holdings at 12.97. The Relative Strength Index (RSI) on the 14-day chart is 46.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.38%. Stochastics %K at 23.97% indicates the stock is a holding.

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