LZ Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own LZ shares is 261, representing 83.36% of the company's common stock.

MAN GROUP PLC, in the last quarter, reduced its stake in LZ by -2.86% restricting it's holding to 419.28 thousand shares of worth nearly $5.59M. SUMMIT TRAIL ADVISORS, LLC also lessened -0.04% of the LZ shares from its portfolio, reducing its holding to 133.48 thousand shares of worth $1.78M. EDGESTREAM PARTNERS, L.P. also shunned LZ shares holding by -8.45% last quarter which brought its holding to 116.62 thousand shares worth $1.56M.

As per its latest 13F filing, ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC increased its stake in LZ by 42.72% in the last quarter. The institutional holder raised its holding to 1.35 million shares having worth more than $17.97M. ARROWSTREET CAPITAL, LIMITED PARTNERSHIP also added 4.23% more shares of LZ to its portfolio, raising its holding to 1.2 million shares of worth $16.02M. IEQ CAPITAL, LLC also increased its LZ shares holding by 0.5% which brought its holding to 147.94 thousand shares worth $1.97M.

The insider with the most stakes in LZ is Watson Noel Bertram , Chief Financial Officer at the company. Additionally, LZ stock is highly held by Chief Product Officer and CTO Radhakrishna Shrisha and Chief Operating Officer Preece Richard among others.

Company executives, directors, and other insiders own 8.97% percent of LegalZoom.com, Inc.'s stock. Within the last six months, there have been 0 transaction(s) in which LZ insiders have sold stock, totaling 0 shares. Insiders that have sold shares include MILLER NICOLE, WATSON NOEL BERTRAM, and PREECE RICHARD.

There have been 0 transaction(s) during the past 6-months in which LegalZoom.com, Inc. insiders have bought stock, totalling 0 shares

Around 0 LegalZoom.com, Inc. shares are held by insiders, which represents about 8.97% of LZ stock.

LZ Chief Financial Officer, Watson Noel Bertram holds the largest portfolio of the company's shares. LZ shares owned by Watson total nearly 748.91 thousand.

FRANCISCO PARTNERS MANAGEMENT, LP is the largest institutional owner in LZ which holds 28.63 million shares worth $381.87M or 15.03% of the total LZ shares outstanding followed by ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC with ownership of 1.35 million shares representing 0.71% of the LZ ownership. HILLMAN CO is the third largest stakeholder with 1.21 million shares or 0.63% of the ownership worth more than $16.10M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the LZ is concerned, it is a stock which is optionable.

Number of LZ shares short is 3.43M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 172.82M shares of LZ are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, LZ has 110.43M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for LZ is 2.75.