Key Points
- CS Disco EVP Richard Francis Crum sold 6,508 shares on Feb. 17 at an average price of $3.07 for about $19,980, trimming his stake by 2.82% to 224,412 shares.
- Stock snapshot and valuation: Shares last traded at $3.37 with a market cap of roughly $210.7M, 50/200-day moving averages near $6.45/$6.28, a one‑year range of $2.91–$9.11, and a negative P/E of -3.34.
- Analyst and institutional context: Institutional investors own about 58.05% of the company with recent purchases by firms including Essex and Norges Bank, while the consensus analyst rating is "Hold" with an average price target of $9.00.
CS Disco, Inc. (NYSE:LAW - Get Free Report) insider Susan Garcia sold 3,743 shares of CS Disco stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $3.07, for a total value of $11,491.01. Following the completion of the transaction, the insider owned 74,237 shares in the company, valued at $227,907.59. This represents a 4.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
CS Disco Stock Performance
LAW stock traded up $0.02 during trading on Friday, reaching $3.38. 215,059 shares of the company traded hands, compared to its average volume of 324,908. The business has a 50 day simple moving average of $6.45 and a 200 day simple moving average of $6.28. CS Disco, Inc. has a 12 month low of $2.91 and a 12 month high of $9.11. The company has a market capitalization of $211.22 million, a price-to-earnings ratio of -3.31 and a beta of 2.08.
Institutional Trading of CS Disco
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Topline Capital Management LLC lifted its stake in CS Disco by 66.2% during the 2nd quarter. Topline Capital Management LLC now owns 2,965,268 shares of the company's stock valued at $12,958,000 after acquiring an additional 1,181,046 shares during the period. Norges Bank acquired a new stake in shares of CS Disco in the second quarter worth $2,863,000. Essex Investment Management Co. LLC purchased a new position in shares of CS Disco during the third quarter worth $2,868,000. Nuveen LLC lifted its position in CS Disco by 187.2% during the fourth quarter. Nuveen LLC now owns 318,672 shares of the company's stock valued at $2,473,000 after purchasing an additional 207,700 shares during the period. Finally, First Eagle Investment Management LLC lifted its position in CS Disco by 100.6% during the fourth quarter. First Eagle Investment Management LLC now owns 328,719 shares of the company's stock valued at $2,551,000 after purchasing an additional 164,873 shares during the period. Institutional investors and hedge funds own 58.05% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on the stock. Needham & Company LLC lifted their price target on shares of CS Disco from $8.00 to $10.00 and gave the stock a "buy" rating in a report on Thursday, November 6th. Wall Street Zen upgraded CS Disco from a "hold" rating to a "buy" rating in a research note on Saturday, November 8th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of CS Disco in a research report on Wednesday, January 21st. Finally, Jefferies Financial Group raised their price target on CS Disco from $6.00 to $8.00 and gave the stock a "hold" rating in a report on Monday, January 5th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, CS Disco currently has an average rating of "Hold" and an average price target of $9.00.
Read Our Latest Report on CS Disco
About CS Disco
(
Get Free Report)
CS Disco, Inc is a provider of cloud-native, artificial intelligence-driven legal applications designed to streamline e-discovery, document review and compliance processes for law firms and corporate legal departments. The Austin, Texas–based company offers a unified platform that automates labor-intensive tasks using machine learning and predictive analytics, enabling legal professionals to process, search and review large volumes of data with greater speed and accuracy.
At the core of CS Disco's product suite is its flagship e-discovery application, which supports early case assessment, data processing, review analytics and production workflows.
Further Reading
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