Legalzoom director Murphy sells $256k in stock

Published 13/08/2025, 22:50
Legalzoom director Murphy sells $256k in stock

Director John Francis Murphy of LEGALZOOM.COM, INC. (NASDAQ:LZ) sold 24,250 shares of common stock on August 12, 2025, for approximately $256,395. The timing of the sale coincides with LegalZoom’s impressive market performance, with the stock showing an 85% return over the past year and a remarkable 25% gain in the past week alone.

The shares were sold at prices ranging from $10.56 to $10.585, with the stock currently trading at $10.73. Following the transaction, Murphy directly owns 69,953 shares of Legalzoom.com, which maintains strong gross profit margins of 66%. According to InvestingPro analysis, LegalZoom appears slightly undervalued, with multiple positive indicators including strong financial health metrics. Subscribers can access 16 additional ProTips and a comprehensive Pro Research Report for deeper insights into LegalZoom’s valuation and growth prospects.

In other recent news, LegalZoom.com reported its second-quarter earnings for 2025, meeting expectations for earnings per share and surpassing revenue forecasts. The company achieved an EPS of 0.15 USD, which was in line with analyst predictions, while its revenue reached 192.5 million USD, outperforming the forecasted 182.72 million USD by 5.35%. Additionally, UBS raised its price target for LegalZoom to 12.00 USD, maintaining a Neutral rating, due to accelerating subscription growth. LegalZoom’s subscription unit growth increased to 22% in the second quarter, up from 20% in the first quarter and 14% in the fourth quarter of 2024. BofA Securities upgraded LegalZoom’s stock rating from Underperform to Buy, citing the company’s successful shift toward subscription-based services. The firm also highlighted LegalZoom’s strategic collaborations involving artificial intelligence as a positive development. These recent updates reflect LegalZoom’s ongoing efforts to scale its subscription services and enhance its business model.

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