Andrew Shimek Sells 40,974 Shares of CS Disco Inc (NYSE:LAW) Stock

CS Disco Inc (NYSE:LAW) CRO Andrew Shimek sold 40,974 shares of the firm’s stock in a transaction that occurred on Friday, September 17th. The shares were sold at an average price of $51.28, for a total value of $2,101,146.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

CS Disco stock traded up $0.04 during mid-day trading on Tuesday, hitting $49.49. 805,164 shares of the company were exchanged, compared to its average volume of 413,757. CS Disco Inc has a 12-month low of $39.55 and a 12-month high of $69.41.

Several analysts have recently commented on LAW shares. Bank of America raised their price target on CS Disco from $60.00 to $70.00 and gave the company a “buy” rating in a report on Friday, September 3rd. Citigroup raised their price objective on CS Disco from $67.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, September 3rd. JPMorgan Chase & Co. assumed coverage on CS Disco in a research note on Monday, August 16th. They issued an “overweight” rating and a $59.00 price objective for the company. Cowen raised their price objective on CS Disco from $60.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, September 3rd. Finally, Jefferies Financial Group assumed coverage on CS Disco in a research note on Monday, August 16th. They issued a “hold” rating and a $55.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $66.22.

About CS Disco

CS Disco Inc provides software service solutions. The Company offers cloud based, artificial intelligence-powered legal solution which simplifies ediscovery, legal document review and case management for enterprises, law firms, legal services providers and governments. CS Disco Inc is based in AUSTIN, Texas.

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