$LZ

LEGALZOOM.COM, INC.

0
0
1
$3.4M
Miller Nicole
50%
See all $LZ insider activity →
Low

CFO & COO Noel Watson Sold A Bunch Of Shares In LegalZoom.com

LegalZoom.com CFO & COO Noel Watson sold 53% of their shares, netting $2.9M at $5.90 per share. This was the largest insider sale in the past year, at a price close to the current $5.84. Insiders own 6.0% of the company, worth about $60M. The recent sale has raised some caution among investors.

Watson Noel Bertram sold $2.9M of LZ

Watson Noel Bertram (Chief Operating Officer & CFO) sold 500,000 shares of LEGALZOOM.COM, INC. (LZ) at an average of $5.90 ($5.83–$5.91, $2.95M total) across 2 trades over 2026-08-20 to 2026-08-21.

LegalZoom (LZ) Q2 2026 Earnings Call Transcript

LegalZoom (NASDAQ:LZ) reported Q2 2026 revenue of $205.3 million, up 7% year over year, driven by subscription revenue of $133.4 million (+11%). Transaction revenue fell 1% to $71.9 million. Adjusted EBITDA rose 18% to $45.9 million and free cash flow was $33.7 million. Full-year revenue guidance is $795-$805 million.

LZ sentiment & insider activity

Over the past 7 days, alphai's AI scored 1 news story mentioning LZ (LEGALZOOM.COM, INC.). Coverage has skewed bearish: 0 bullish, 0 neutral, and 1 bearish.

Recent LZ coverage spans earnings, financial news and insider activity.

In the last 30 days, LZ insiders filed 4 SEC Form 4 transactions — no purchases and 4 sales ($3.4M). The most active reporter was Miller Nicole, CHIEF LEGAL OFFICER, with 2 filings. 50% of those filings were made under pre-arranged Rule 10b5-1 plans.

What's driving LZ

  • Large insider sell may pressure the stock downward.

    simplywall.st · Aug 24, 2026

  • Large insider sell may signal confidence concerns, potential short-term pressure on stock.

    SEC EDGAR · Aug 22, 2026

  • The call discloses a clear mix shift toward subscription and human-in-the-loop, plus cost actions and updated guidance that can reprice near-term expectations.

    aol.com · Aug 18, 2026

  • Guidance and margin/FCF beats tied to subscription mix and AI-driven traffic suggest a near-term re-rating risk if investors buy the durability of human-in-the-loop growth.

    fool.com · Aug 13, 2026

  • Guidance cut plus margin improvement creates a mixed setup: near-term traffic risk is offset by subscription mix shift and AI-driven efficiency.

    yahoo.com · Aug 11, 2026

alphai scores every news story that mentions LZ with an AI model for sentiment and relevance, and aggregates insider trades from LEGALZOOM.COM, INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $LZ

Score
$LZLow

CFO & COO Noel Watson Sold A Bunch Of Shares In LegalZoom.com

LegalZoom.com CFO & COO Noel Watson sold 53% of their shares, netting $2.9M at $5.90 per share. This was the largest insider sale in the past year, at a price close to the current $5.84. Insiders own 6.0% of the company, worth about $60M. The recent sale has raised some caution among investors.

$LZMedAI 8/10

LegalZoom (LZ) Q2 2026 Earnings Call Transcript

LegalZoom (NASDAQ:LZ) reported Q2 2026 revenue of $205.3 million, up 7% year over year, driven by subscription revenue of $133.4 million (+11%). Transaction revenue fell 1% to $71.9 million. Adjusted EBITDA rose 18% to $45.9 million and free cash flow was $33.7 million. Full-year revenue guidance is $795-$805 million.

$LZMedAI 8/10

LegalZoom (LZ) Q2 2026 Earnings Call Transcript

LegalZoom (LZ) reported Q2 2026 revenue of $205.3 million, up 7% year over year, driven by subscription revenue of $133.4 million (+11%). Transaction revenue fell 1% to $71.9 million. Adjusted EBITDA rose 18% to $45.9 million and free cash flow was $33.7 million. Full-year revenue guidance is $795-$805 million and adjusted EBITDA $190-$195 million.

$LZMedAI 8/10

LZ Q2 Deep Dive: Search Disruption and Subscription Model Drive Margin Gains

LegalZoom reported Q2 revenue of $205.3M vs $205.5M estimates and adjusted EPS of $0.16 vs $0.15. Adjusted EBITDA was $45.9M, beating estimates, with operating margin at 5.2%. Full-year revenue guidance was cut to $800M midpoint and EBITDA guidance to $192.5M. Management cited Google AI search disruption, subscription mix shifts, and AI partnerships.

$LZMedAI 8/10

LegalZoom (LZ) Integrates Microsoft Copilot Amid Growth Shifts

LegalZoom (NASDAQ:LZ) said it integrated a new agent into Microsoft 365 Copilot on Aug. 4 to support business formation, compliance filings, and attorney consultations. On Aug. 6, shares fell 30% after Q2 results led management to cut 2026 revenue guidance to $795 million-$805 million and adjusted EBITDA to a $195 million ceiling. Q2 total revenue was $205.3 million, up 7% YoY; subscription revenue rose 11%.

$LZMedAI 8/10

LegalZoom.com, Inc. Q2 2026 Earnings Call Summary

LegalZoom.com, Inc. reported Q2 2026 results and discussed a structural decline in traditional search traffic tied to Google AI answers, raising cost-per-click and lowering informational query click-throughs. The company is shifting toward a human-in-the-loop subscription model, now over 40% of revenue, and revised full-year revenue guidance to $795-$805 million. Adjusted EBITDA margin target is 26% in Q3.

Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Axon Enterprise (AXON), LegalZoom (LZ) and Eos Energy Enterprises (EOSE)

Analysts issued mixed ratings for industrial goods stocks. TD Cowen reiterated a Buy on Axon Enterprise (AXON) with a $825 target versus a $609.49 close; consensus Strong Buy targets $685.58. Jefferies kept LegalZoom (LZ) at Buy with a $9 target versus $8.10 close; consensus Hold target $7.75. Roth MKM kept Eos Energy (EOSE) at Hold with $4 target versus $3.82 close.

$LZHighAI 9/10

Why is LegalZoom stock plunging today?

LegalZoom (LZ) shares fell about 23% pre-open after the company reported Q2 2026 results and cut full-year revenue guidance to $795–$805 million from $810–$830 million. Adjusted EPS of $0.16 beat $0.15 consensus, but management cited a slowdown in Google search traffic and less efficient paid search. LegalZoom also announced a 13% workforce reduction and JPMorgan downgraded to Neutral, lowering its target to $7.

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