CS Disco (NYSE:LAW) EVP Melanie Antoon Sells 9,289 Shares of Stock

CS Disco, Inc. (NYSE:LAW) EVP Melanie Antoon sold 9,289 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $3.07, for a total transaction of $28,517.23. Following the sale, the executive vice president owned 203,421 shares in the company, valued at approximately $624,502.47. The trade was a 4.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

CS Disco Stock Up 0.3%

LAW stock traded up $0.01 during trading on Friday, reaching $3.37. The company’s stock had a trading volume of 201,045 shares, compared to its average volume of 324,647. CS Disco, Inc. has a 1 year low of $2.91 and a 1 year high of $9.11. The company’s fifty day moving average is $6.45 and its 200-day moving average is $6.28. The company has a market capitalization of $210.65 million, a P/E ratio of -3.34 and a beta of 2.08.

Analyst Ratings Changes

A number of brokerages recently weighed in on LAW. Needham & Company LLC lifted their price objective on shares of CS Disco from $8.00 to $10.00 and gave the company 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 report on Saturday, November 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of CS Disco in a research note on Wednesday, January 21st. Finally, Jefferies Financial Group lifted their target price on shares of CS Disco from $6.00 to $8.00 and gave the stock a “hold” rating in a research note on Monday, January 5th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $9.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LAW. CWM LLC grew its position in shares of CS Disco by 73.5% during the third quarter. CWM LLC now owns 4,804 shares of the company’s stock worth $31,000 after acquiring an additional 2,035 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in CS Disco by 87.1% in the second quarter. Tower Research Capital LLC TRC now owns 9,968 shares of the company’s stock valued at $44,000 after purchasing an additional 4,639 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of CS Disco during the second quarter valued at $51,000. Pilgrim Partners Asia Pte Ltd acquired a new position in CS Disco in the 3rd quarter valued at $62,000. Finally, Algert Global LLC acquired a new position in CS Disco during the third quarter worth approximately $70,000. 58.05% of the stock is owned by institutional investors and hedge funds.

CS Disco Company Profile

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.