LAW stock rated an Underweight by JP Morgan

CS Disco Inc’s recently made public that its EVP, Chief Customer Officer Antoon Melanie unloaded Company’s shares for reported $28119.0 on May 19 ’25. In the deal valued at $3.93 per share,7,155 shares were sold. As a result of this transaction, Antoon Melanie now holds 246,679 shares worth roughly $1.04 million.

Then, Friedrichsen Eric sold 118,054 shares, generating $463,952 in total proceeds. Upon selling the shares at $3.93, the Chief Executive Officer now owns 1,136,317 shares.

Before that, Herckis Karen sold 5,875 shares. CS Disco Inc shares valued at $23,089 were divested by the EVP, Chief HR Officer at a price of $3.93 per share. As a result of the transaction, Herckis Karen now holds 151,933 shares, worth roughly $0.64 million.

JP Morgan downgraded its CS Disco Inc [LAW] rating to an Underweight from a a Neutral in a research note published on July 02, 2024; the price target was decreased to $5 from $8. MoffettNathanson also remained covering LAW and has decreased its forecast on September 14, 2023 with a “Market perform” recommendation from previously “an Outperform” rating. Citigroup revised its rating on January 12, 2023. It rated LAW as “a Neutral” which previously was an “a Buy”.

Price Performance Review of LAW

On Tuesday, CS Disco Inc [NYSE:LAW] saw its stock jump 1.94% to $4.20. Over the last five days, the stock has lost -4.33%. CS Disco Inc shares have fallen nearly -15.83% since the year began. Nevertheless, the stocks have fallen -30.12% over the past one year. While a 52-week high of $6.64 was reached on 01/07/25, a 52-week low of $3.31 was recorded on 04/21/25.

Levels Of Support And Resistance For LAW Stock

The 24-hour chart illustrates a support level at 4.10, which if violated will result in even more drops to 4.01. On the upside, there is a resistance level at 4.26. A further resistance level may holdings at 4.33.

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