CS Disco (NYSE:LAW) Director Buys $174,000.00 in Stock

CS Disco, Inc. (NYSE:LAW) Director Thomas Bogan acquired 30,000 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was purchased at an average price of $5.80 per share, for a total transaction of $174,000.00. Following the completion of the acquisition, the director owned 101,090 shares in the company, valued at approximately $586,322. This trade represents a 42.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

CS Disco Price Performance

CS Disco stock opened at $6.00 on Wednesday. The stock’s 50-day moving average is $4.77 and its 200-day moving average is $4.31. The company has a market cap of $370.44 million, a price-to-earnings ratio of -6.38 and a beta of 2.08. CS Disco, Inc. has a 12 month low of $3.31 and a 12 month high of $6.64.

Hedge Funds Weigh In On CS Disco

A number of large investors have recently modified their holdings of LAW. Tower Research Capital LLC TRC raised its holdings in shares of CS Disco by 87.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,968 shares of the company’s stock worth $44,000 after purchasing an additional 4,639 shares during the period. Campbell & CO Investment Adviser LLC purchased a new position in shares of CS Disco in the 2nd quarter worth about $51,000. Two Sigma Investments LP purchased a new stake in shares of CS Disco during the 4th quarter valued at about $55,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of CS Disco during the 4th quarter valued at about $59,000. Finally, Occudo Quantitative Strategies LP purchased a new stake in shares of CS Disco during the 2nd quarter valued at about $75,000. 58.05% of the stock is currently owned by hedge funds and other institutional investors.

About CS Disco

CS Disco, Inc provides cloud-native and artificial intelligence-powered legal solutions for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. It offers DISCO Request, a solution that automates response compliance for legal requests; and DISCO Ediscovery, a solution that automates the ediscovery process and saves legal departments from manual tasks associated with collecting, processing, enriching, searching, reviewing, analyzing, producing, and using enterprise data that is at issue in legal matters.