LegalZoom.com (LZ)

• Market cap: $1.35B
• 1 day: 0.90%
• 5 days: 0.13%
• 1 month: 13.48%
• 3 months: 23.31%
• 6 months: -10.41%
• Year to date: -28.30%
• 1 year: -31.50%
• 5 years: -79.31%
• 10 years: -79.31%
• Sector: Information Technology
• Industry: Computer Processing & Data Preparation

About: LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States. The company also offers services that include ongoing compliance and tax advice and filings, business licenses, accounting, virtual mailbox and e-signature solutions, trademark filings, and estate plans.

Employees: 1,190

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

59% more call options, than puts

Call options by funds: $5.66M | Put options by funds: $3.55M

18% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 51

11% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 38

2% more funds holding

Funds holding: 180 [Q2] → 184 (+4) [Q3]

0.45% more ownership

Funds ownership: 77.52% [Q2] → 77.97% (+0.45%) [Q3]

14% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 6 (-1) [Q3]

29% less capital invested

Capital invested by funds: $1.22B [Q2] → $870M (-$352M) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $8 2% upside
• Avg. target: $8 2% upside
• High target: $8 2% upside

3 analyst ratings

• positive: 0 0%
• neutral: 2 67%
• negative: 1 33%

Barclays Mario Lu 0 / 0 met price target	2% upside $8	Equal-Weight Maintained	11 Nov 2024
JP Morgan Ella Smith 50% 1-year accuracy 2 / 4 met price target	2% upside $8	Underweight Downgraded	8 Nov 2024
JP Morgan Ella Smith 50% 1-year accuracy 2 / 4 met price target	2% upside $8	Neutral Maintained	5 Sept 2024