Institutional investors own 71.24% of the company’s stock. Finally, FourThought Financial LLC purchased a new stake in in the first quarter worth approximately $66,000. MetLife Investment Management LLC purchased a new stake in in the first quarter worth approximately $63,000. Premier Fund Managers Ltd now owns 212,884 shares of the company’s stock worth $48,000 after purchasing an additional 36,228 shares during the last quarter. Premier Fund Managers Ltd boosted its holdings in by 20.5% in the second quarter. Nisa Investment Advisors LLC purchased a new stake in in the second quarter worth approximately $28,000. purchased a new stake in in the first quarter worth approximately $27,000. Several institutional investors and hedge funds have recently made changes to their positions in LZ. Corporate insiders own 45.90% of the company’s stock. Over the last quarter, insiders sold 88,370 shares of company stock valued at $1,012,720. The disclosure for this sale can be found here. Following the sale, the insider now directly owns 504,004 shares of the company’s stock, valued at approximately $5,775,885.84. The shares were sold at an average price of $11.46, for a total transaction of $231,354.48. Also, insider Shrisha Radhakrishna sold 20,188 shares of the firm’s stock in a transaction that occurred on Wednesday, August 17th. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Following the completion of the sale, the chief financial officer now owns 496,188 shares of the company’s stock, valued at $5,686,314.48. The shares were sold at an average price of $11.46, for a total transaction of $270,948.78. In related news, CFO Noel Bertram Watson sold 23,643 shares of the firm’s stock in a transaction that occurred on Wednesday, August 17th. Research analysts forecast that will post -0.2 earnings per share for the current fiscal year. ’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the business posted ($0.30) earnings per share. The company had revenue of $163.87 million during the quarter, compared to analyst estimates of $161.29 million. had a negative net margin of 17.14% and a negative return on equity of 49.38%. The company reported ($0.06) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.06). ( NASDAQ:LZ – Get Rating) last posted its earnings results on Thursday, August 11th. According to data from, currently has an average rating of Hold and a consensus target price of $19.88. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. Finally, Morgan Stanley decreased their price target on shares of from $9.00 to $7.00 and set an underweight rating for the company in a research note on Wednesday. Credit Suisse Group decreased their price target on shares of from $24.00 to $19.00 and set an outperform rating for the company in a research note on Friday, August 12th. Barclays decreased their price target on shares of to $16.00 in a research note on Monday, August 15th. JMP Securities downgraded shares of from an outperform rating to a market perform rating in a research note on Tuesday, September 6th. LZ has been the subject of a number of other reports. The firm issued an underperform rating and a $11.00 price target on the stock. Moffett Nathanson initiated coverage on shares of ( NASDAQ:LZ – Get Rating) in a research report sent to investors on Thursday, The Fly reports.
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