CS Disco, Inc. (NYSE:LAW) EVP Melanie Antoon Sells 3,278 Shares

CS Disco, Inc. (NYSE:LAW) EVP Melanie Antoon sold 3,278 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $5.19, for a total value of $17,012.82. Following the sale, the executive vice president now directly owns 256,658 shares in the company, valued at $1,332,055.02. The trade was a 1.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

CS Disco Stock Down 3.3 %

LAW opened at $5.12 on Thursday. The business has a fifty day moving average of $5.16 and a 200 day moving average of $5.54. The stock has a market cap of $306.44 million, a P/E ratio of -8.52 and a beta of 2.06. CS Disco, Inc. has a 52-week low of $4.67 and a 52-week high of $8.57.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Jefferies Financial Group dropped their target price on CS Disco from $6.00 to $5.50 and set a “hold” rating for the company in a report on Monday, January 6th. Needham & Company LLC reiterated a “buy” rating and set a $8.00 price objective on shares of CS Disco in a research report on Monday, December 9th.

Institutional Trading of CS Disco

Large investors have recently made changes to their positions in the stock. State Street Corp lifted its holdings in CS Disco by 0.4% during the 3rd quarter. State Street Corp now owns 507,626 shares of the company’s stock valued at $2,985,000 after buying an additional 1,995 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of CS Disco by 13.6% during the fourth quarter. Wells Fargo & Company MN now owns 23,210 shares of the company’s stock worth $116,000 after acquiring an additional 2,781 shares during the period. Rhumbline Advisers raised its stake in shares of CS Disco by 8.8% during the fourth quarter. Rhumbline Advisers now owns 41,156 shares of the company’s stock valued at $205,000 after acquiring an additional 3,326 shares in the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of CS Disco by 50.7% in the fourth quarter. Meeder Asset Management Inc. now owns 10,847 shares of the company’s stock valued at $54,000 after purchasing an additional 3,650 shares during the period. Finally, Barclays PLC grew its stake in CS Disco by 10.4% in the fourth quarter. Barclays PLC now owns 45,188 shares of the company’s stock worth $226,000 after purchasing an additional 4,269 shares in the last quarter. 58.05% of the stock is owned by hedge funds and other institutional investors.

About CS Disco

CS Disco, Inc provides cloud-native and artificial intelligence-powered legal solutions for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. It offers DISCO Request, a solution that automates response compliance for legal requests; and DISCO Ediscovery, a solution that automates the ediscovery process and saves legal departments from manual tasks associated with collecting, processing, enriching, searching, reviewing, analyzing, producing, and using enterprise data that is at issue in legal matters.