New York State Common Retirement Fund Takes $186,000 Position in LegalZoom.com, Inc. (NASDAQ:LZ)

New York State Common Retirement Fund bought a new position in shares of LegalZoom.com, Inc. (NASDAQ:LZ) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 4,915 shares of the company’s stock, valued at approximately $186,000.

LegalZoom.com stock opened at $32.75 on Tuesday. The business’s 50 day moving average price is $36.04. LegalZoom.com, Inc. has a fifty-two week low of $32.01 and a fifty-two week high of $40.94.

LegalZoom.com (NASDAQ:LZ) last announced its earnings results on Thursday, August 12th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.01. The company had revenue of $150.43 million for the quarter, compared to analyst estimates of $139.38 million. On average, analysts forecast that LegalZoom.com, Inc. will post 0.09 earnings per share for the current fiscal year.

A number of brokerages have commented on LZ. Morgan Stanley began coverage on shares of LegalZoom.com in a report on Monday, July 26th. They set an “equal weight” rating and a $44.00 price objective on the stock. Barclays began coverage on shares of LegalZoom.com in a report on Monday, July 26th. They set an “overweight” rating and a $45.00 price objective on the stock. William Blair began coverage on shares of LegalZoom.com in a report on Monday, July 26th. They set an “outperform” rating on the stock. JMP Securities began coverage on shares of LegalZoom.com in a report on Monday, July 26th. They set an “outperform” rating and a $48.00 price objective on the stock. Finally, Bank of America initiated coverage on shares of LegalZoom.com in a report on Tuesday, July 27th. They set a “hold” rating and a $40.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $44.50.

LegalZoom.com Profile

LegalZoom.com, Inc operates an online platform for legal and compliance solutions in the United States. The company's platform offers products and services, including business formations, creating estate planning documents, protecting intellectual property, completing certain forms and agreements, providing access to independent attorney advice, and connecting customers with experts for tax preparation and bookkeeping services.

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Institutional Ownership by Quarter for LegalZoom.com (NASDAQ:LZ)

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