In a filing, LegalZoom.com Inc revealed its Former CEO Wernikoff Daniel A acquired Company’s shares for reported $1.31 million on Aug 13 ’24. In the deal valued at $5.77 per share,226,190 shares were bought.
Then, Miller Nicole sold 13,727 shares, generating $125,877 in total proceeds. Upon selling the shares at $9.17, the CHIEF LEGAL OFFICER now owns 338,956 shares.
Before that, Watson Noel Bertram sold 25,000 shares. LegalZoom.com Inc shares valued at $236,000 were divested by the Chief Financial Officer at a price of $9.44 per share. As a result of the transaction, Watson Noel Bertram now holds 748,912 shares, worth roughly $6.82 million.
JP Morgan upgraded its LegalZoom.com Inc [LZ] rating to an Overweight from a an Underweight in a research note published on January 13, 2025; the price target was increased to $9 from $8. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. JP Morgan also remained covering LZ and has decreased its forecast on November 08, 2024 with a “an Underweight” recommendation from previously “Neutral” rating. William Blair started covering the stock on September 16, 2024. It rated LZ as “a Mkt perform”.
Price Performance Review of LZ
On Friday, LegalZoom.com Inc [NASDAQ:LZ] saw its stock fall -1.41% to $9.10. Over the last five days, the stock has gained 1.22%. LegalZoom.com Inc shares have risen nearly 21.17% since the year began. Nevertheless, the stocks have fallen -12.42% over the past one year. While a 52-week high of $13.74 was reached on 02/05/25, a 52-week low of $5.33 was recorded on 01/10/25. SMA at 50 days reached $8.20, while 200 days put it at $7.79.
Levels Of Support And Resistance For LZ Stock
The 24-hour chart illustrates a support level at 9.02, which if violated will result in even more drops to 8.94. On the upside, there is a resistance level at 9.21. A further resistance level may holdings at 9.31. The Relative Strength Index (RSI) on the 14-day chart is 63.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.95%. Stochastics %K at 81.74% indicates the stock is a selling.
How much short interest is there in LegalZoom.com Inc?
A steep rise in short interest was recorded in LegalZoom.com Inc stocks on 2025-01-15, dropping by -0.13 million shares to a total of 3.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.56 million shares. There was a decline of -3.72%, which implies that there is a negative sentiment for the stock.
