BenzingaT3·13mo ago
LAW CS Disco, Inc.
XNYS
5.00
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
LAW
$5.00
—
Key stats
$5.00
- 52-Week Range
- $2.45 – $9.11
- YTD
- -31.51%
- IV Rank (30D)
- 19.14
- Straddle Price
- $0.88
- P/C Vol Ratio
- 3.33
- Market Cap
- $0.3B
- Open
- $5.09
- Day Range
- $4.88 – $5.09
- Volume
- 220,311
- Prev Close
- $5.07
Fair Value
+50.0% vs price
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.13% |
| Beta vs SPY | 1.30 |
| Cost of Equity (CAPM) | 12.26% (VRP-adj) |
| WACC | 12.33% |
| Volatility Risk Premium | +89.0pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +9.9% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-0.0B |
| Return on Equity (TTM) | -33.7% |
| Book / Price | 39.3% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 74.9% |
| FCF Margin (TTM) | -10.1% |
| Debt / Equity | 0.00 |
| Quality Score | 2/6 — normal (10y DCF) |
| SMA 50 | $4.32 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $4.43 |
| Bollinger Width / SMA20 | 549.5% (drives anchor stability) |
| Net Debt | $-0.0B |
| Market Cap | $0B |
Peers used for multiples: ADBE, CRM, CRWD, MSFT, NET, NOW, ORCL, PLTR, SHOP, SNOW
(SIC-code peers; ETF co-membership was sector-incoherent)
Blended Fair Value
$14.67
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | median 63.1× · 8 peers |
| Peer EV/EBITDA | n/a | 0% | median 60.8× · 9 peers |
| Peer P/B | $29.99 | 17% | median 15.0× · 10 peers |
| Peer P/S | $40.15 | 17% | median 14.0× · 10 peers |
| Market Anchor (SMA50) | $4.32 | 66% | stability 77% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-10-26 · updated
Related
About
- Industry (SIC)
- SERVICES-PREPACKAGED SOFTWARE (7372) · industry map
- Exchange
- XNYS
- Market Cap
- $0.3B
- Employees
- 577
- List Date
- 2021-07-21
- CIK
- 0001625641
- Next Earnings
- 2026-11-04 (Pre-Market)
- Headquarters
- Austin, TX
- Homepage
- https://www.csdisco.com
CS Disco Inc provides a cloud-native, artificial intelligence-powered legal solution that simplifies discovery, legal document review, and case management for enterprises, law firms, legal services providers, and governments. Its revenue-generating activities directly relate to the sale and support of legal solutions. It has two primary types of contractual arrangements: usage-based and subscription solutions. The usage-based revenue is derived from contracts under which customers are billed monthly based on their usage. Subscription revenue is derived from contracts where customers are contra…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | -0.55% | 37.36% | 10.39% | 3.92% | -14.38% | 7.35% |
| Feb | -- | 7.85% | -18.22% | -19.76% | -4.17% | -49.53% | -16.77% |
| Mar | -- | -6.91% | 1.84% | 21.52% | -11.85% | 8.52% | 2.62% |
| Apr | -- | -9.62% | -8.70% | -5.86% | -10.55% | 13.95% | -4.16% |
| May | -- | -21.10% | 42.34% | -23.23% | 9.14% | -14.38% | -1.45% |
| Jun | -- | -18.00% | 6.48% | 3.47% | 10.91% | -14.86% | -2.40% |
| Jul | 0.80% | 24.89% | 15.95% | 5.82% | -9.98% | -2.01% | 5.91% |
| Aug | 22.69% | -44.78% | -2.36% | -6.43% | 37.78% | 7.62% | 2.42% |
| Sep | -11.84% | -24.76% | -29.59% | 10.53% | 21.43% | -3.07% | -6.22% |
| Oct | 17.28% | 5.00% | -17.38% | 0.86% | 1.28% | 17.37%* | 4.07% |
| Nov | -33.93% | -24.81% | 7.79% | -1.33% | 16.23% | -- | -7.21% |
| Dec | 3.09% | -16.73% | 19.72% | -16.83% | 7.48% | -- | -0.65% |
| Total | -12.91% | -80.08% | 34.54% | -27.09% | 81.13% | -53.27% | -9.61% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $4.47
SMA 50: $4.34
SMA 200: $4.26
Current: $5.00
EMA 12: $4.70
EMA 26: $4.51
MACD: 0.1863 | Signal: 0.0669
BULLISH
ADX (14): 36.01
TREND
+DI: 35.50
−DI: 6.74
Momentum Oscillators
RSI (14): 68.70
NEUTRAL
Stoch %K: 94.16
Stoch %D: 94.93
Williams %R: -11.35
Volume & Volatility
BB Upper: $5.05
BB Lower: $3.89
NEUTRAL
OBV: 10,751,629
Vol SMA 20: 164,783
Vol ROC: 64.82%
ATR: $0.20
True Range: $0.21
HV 20: 41.1%
HV 30: 39.1%
HV 60: 44.9%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis
LLM Stock Analysis Report
SYMBOL: LAW CURRENT PRICE: $3.74
Executive Summary Overall assessment: NEUTRAL (6/10) with primary risks.
Key drivers:
- Recent news headlines suggest a mixed sentiment, including neutral comments on the company's agent-in-the-loop technology and negative reports on the CS Disco's stock performance.
- The options market is pricing in a $1.68 move by expiration, indicating moderate volatility.
Primary risks:
- The stock's low beta (0.69) suggests it may be less volatile than the broader market, but this could also limit potential gains.
- The recent earnings call transcript highlights no specific earnings data available, which may impact investor sentiment.
Investment thesis: The stock's technical signals are mixed, with a bullish MACD and neutral RSI. Recent news headlines suggest a neutral sentiment, while the options market is pricing in moderate volatility. This combination may indicate a stable, low-volatile environment for investors.
Recent news sentiment impact: The recent news headlines have a neutral sentiment, with no specific catalysts or events driving significant price moves. The options market is pricing in moderate volatility, which could support a trading range environment.
Technical Analysis
- Trend Direction: Short-term: BEARISH (price below SMA 20), Medium-term: NEUTRAL (price within range of SMAs), Long-term: BULLISH (price above SMA 200)
- Support/Resistance Levels: Critical price levels include the upper Bollinger Band ($4.84) and the lower Bollinger Band ($3.65).
- Momentum Signals:
- RSI interpretation: NEUTRAL (42.97), indicating a stable environment.
- MACD signal: BULLISH, suggesting a potential upward momentum.
- Bollinger Bands position: NEUTRAL, with price touching the middle band.
- Volume Analysis: Volume has been declining over the past few weeks, indicating a lack of institutional interest.
News & Sentiment Analysis
- Recent Headlines Summary: Neutral sentiment headlines dominate, including reports on the company's agent-in-the-loop technology and CS Disco's stock performance.
- Sentiment Assessment: NEUTRAL (50% positive, 20% negative, 30% neutral)
- Catalyst Identification: No specific catalysts or events driving significant price moves.
Risk & Volatility Assessment
- Beta Interpretation: Low risk relative to the market (beta = 0.69).
- Volatility Regime: Current volatility is moderate compared to historical levels.
- Options Market Signals: IV rank = 40.4%, indicating medium volatility; put/call ratios are neutral.
Market Context & Positioning
- Sector Performance: LAW's sector, Technology, has been performing well recently, with a positive correlation (R-squared = 0.85).
- Institutional Activity: Volume patterns suggest low institutional interest.
- Correlation Analysis: LAW has a low correlation with the broader market (R-squared = 0.12), indicating it may be less affected by overall market trends.
Key Levels & Action Items
- Critical Price Levels: Support at $3.65 and resistance at $4.84.
- Breakout/Breakdown Levels: A break above $4.84 could indicate a strong upward trend, while a break below $3.65 may signal a bearish move.
- Time-Sensitive Catalysts: No specific catalysts or events driving significant price moves.
Overall, the analysis suggests a neutral sentiment with mixed technical signals. The recent news headlines have a neutral sentiment, and the options market is pricing in moderate volatility. The stock's low beta and stable RSI suggest a stable environment, but the lack of institutional interest and declining volume may indicate limited upside potential.
Generated
News
All LAW news →
GlobeNewswire Inc.T3·14mo ago
GlobeNewswire Inc.T3·20mo ago
Zacks Investment ResearchT3·29mo ago
BenzingaT3·29mo ago
The Motley FoolT3·30mo ago
Zacks Investment ResearchT3·30mo ago
Zacks Investment ResearchT3·30mo ago
Zacks Investment ResearchT3·31mo ago
BenzingaT3·31mo ago
Showing 1–10 of 50
Page 1 of 5
Earnings History
14 of 19 under expected move
Avg Expected Move
35.54%
Avg Actual Move
11.32%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-11-09 | After-Close | 20.30% | 6.59% | 0.32x | Within |
| 2022-02-24 | After-Close | 27.58% | 6.47% | 0.23x | Within |
| 2022-05-12 | After-Close | 13.44% | 17.29% | 1.29x | Exceeded |
| 2022-08-11 | After-Close | 13.29% | 53.63% | 4.04x | Exceeded |
| 2022-11-10 | After-Close | 21.31% | 9.18% | 0.43x | Within |
| 2023-05-10 | After-Close | 22.09% | 4.15% | 0.19x | Within |
| 2023-08-09 | After-Close | 20.49% | 24.59% | 1.20x | Exceeded |
| 2023-11-09 | After-Close | 21.40% | 1.54% | 0.07x | Within |
| 2024-01-04 | After-Close | 8.25% | 1.65% | 0.20x | Within |
| 2024-02-22 | After-Close | 17.76% | 4.23% | 0.24x | Within |
| 2024-05-09 | After-Close | 14.37% | 15.74% | 1.10x | Exceeded |
| 2024-08-08 | After-Close | 28.76% | 2.41% | 0.08x | Within |
| 2024-11-06 | After-Close | 106.36% | 5.34% | 0.05x | Within |
| 2025-05-07 | After-Close | 30.99% | 9.92% | 0.32x | Within |
| 2025-08-06 | Pre-Market | 38.25% | 0.49% | 0.01x | Within |
| 2025-11-05 | After-Close | 138.26% | 9.65% | 0.07x | Within |
| 2026-02-25 | Pre-Market | 36.81% | 15.34% | 0.42x | Within |
| 2026-05-06 | Pre-Market | 17.82% | 19.65% | 1.10x | Exceeded |
| 2026-08-05 | After-Close | 77.78% | 7.16% | 0.09x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
LAW Options Activity & IV Rank
LAW IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 80.9%
7-DTE IV: —
Expected Move: $0.88
7-DTE Move: $0.88
Days to Exp: 25 (2026-11-20)
Options Flow
Call Volume: 9
Put Volume: 30
P/C Volume: 3.333
BEARISH
Call OI: 21
Put OI: 274
P/C OI: 13.048
Total OI: 295
ATM Options Pricing
ATM Call: $0.40
ATM Put: $0.47
Call %: 8.0%
Put %: 9.5%
Chain Summary
Chain Volume: 162
Chain OI: 964
Last Updated: 10/26/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 28th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
28%
vs own history
GEX tilt
-0.10
OI-weighted, today
Vanna tilt
+0.06
δ-sensitivity to IV
Charm tilt
+0.25
δ-decay vs time
? What is this?
· 4 ATM contracts, 1k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 26 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 26 · ATM 84.3% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)19.1LowOct 26
Straddle Price (30 DTE)$0.88Oct 26
Beta Analysis
Risk Metrics
Beta: 0.3341
Alpha: -10.78%
Correlation: 0.0561
R-Squared: 0.3%
Stock Volatility: 75.9%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
LAW Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 62,183,750 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
1 filers$50.65K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $50.65K | 100.00% | 2026-06-30 |
3 filers$390.85K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $210.92K | 53.97% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $127.39K | 32.59% | 2026-06-30 |
| 3 | Simplex Trading, LLC Custodian | $52.54K | 13.44% | 2026-06-30 |
LAW Insider Trading (Form 4)
Latest: 2026-08-19Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-08-19 | Susan Garcia | GC & Chief Compliance Officer | Sell (S) | −6,840 | $4.18 | -$28.6K | EDGAR |
| 2026-08-19 | Melanie Antoon | EVP, Chief Customer Officer | Sell (S) | −8,514 | $4.18 | -$35.6K | EDGAR |
| 2026-08-19 | Karen Herckis | EVP, Chief HR Officer | Sell (S) | −8,487 | $4.18 | -$35.5K | EDGAR |
| 2026-08-19 | Richard Francis Crum | EVP, Chief Prod & Tech Officer | Sell (S) | −7,426 | $4.18 | -$31.0K | EDGAR |
| 2026-08-18 | Eric Friedrichsen | Chief Executive Officer | Tax (F) | −44,492 | $4.40 | -$195.8K | EDGAR |
| 2026-08-11 | Eric Friedrichsen | Chief Executive Officer | Buy (P) | +7,500 | $4.26 | $31.9K | EDGAR |
| 2026-07-23 | Andre L Mintz | Director | Award (A) | +74,442 | — | EDGAR | |
| 2026-06-12 | Robert P Goodman | Director | Award (A) | +41,096 | — | EDGAR | |
| 2026-06-11 | Thomas F Bogan | Director | Award (A) | +41,096 | — | EDGAR | |
| 2026-06-11 | James Offerdahl | Director | Award (A) | +41,096 | — | EDGAR | |
| 2026-06-11 | Susan L Blount | Director | Award (A) | +41,096 | — | EDGAR | |
| 2026-06-11 | Scott A Hill | Director | Award (A) | +41,096 | — | EDGAR | |
| 2026-06-11 | Krishna Srinivasan | Director | Award (A) | +41,096 | — | EDGAR | |
| 2026-05-19 | Melanie Antoon | EVP, Chief Customer Officer | Sell (S) | −8,590 | $3.61 | -$31.0K | EDGAR |
| 2026-05-19 | Eric Friedrichsen | Chief Executive Officer | Tax (F) | −44,492 | $3.83 | -$170.4K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
LAW Insider Holdings
17 insiders · @ $5.00
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Eric Friedrichsen | Chief Executive Officer | 1,436,688 | $7.18M | -$261.7K | 12 | 2026-08-18 |
| 2 | Krishna Srinivasan | Director | 854,154 | $4.27M | -$69.49M | 4 | 2026-06-11 |
| 3 | Michael Lafair | EVP, Chief Financial Officer | 799,314 | $4.00M | -$11.07M | 71 | 2026-01-02 |
| 4 | Richard Francis Crum | EVP, Chief Prod & Tech Officer | 335,183 | $1.68M | -$180.7K | 8 | 2026-08-19 |
| 5 | Scott A Hill | Director | 314,326 | $1.57M | -$95.6K | 12 | 2026-06-11 |
| 6 | Melanie Antoon | EVP, Chief Customer Officer | 267,507 | $1.34M | -$521.0K | 16 | 2026-08-19 |
| 7 | James Offerdahl | Director | 264,748 | $1.32M | -$401.1K | 13 | 2026-06-11 |
| 8 | Aaron Joseph Barfoot | EVP, Chief Financial Officer | 246,609 | $1.23M | $0 | 1 | 2026-01-14 |
| 9 | LIVEOAK I CO-INVEST IV L.P. | 10%+ Owner | 224,372 | $1.12M | $0 | 1 | 2025-09-19 |
| 10 | Thomas F Bogan | Director | 212,186 | $1.06M | $591.5K | 7 | 2026-06-11 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
LAW Board & Officers
As of SEC filings through Aug 19, 2026Directors 8
- James Offerdahl · since Jul 20, 2021
- Krishna Srinivasan · since Jul 20, 2021
- Robert P Goodman · since Jul 20, 2021
- Susan L Blount · since Jul 20, 2021
- Eric Friedrichsen · since Apr 29, 2024
- Thomas F Bogan · since Mar 13, 2025
- Toby J. Williams · since Apr 22, 2026
- Andre L Mintz · since Jul 21, 2026
Officers 6
- Eric Friedrichsen · Chief Executive Officer · since Apr 29, 2024
- Aaron Joseph Barfoot · EVP, Chief Financial Officer · since Jan 12, 2026
- Karen Herckis · EVP, Chief HR Officer · since Jan 18, 2024
- Melanie Antoon · EVP, Chief Customer Officer · since Jan 18, 2024
- Susan Garcia · GC & Chief Compliance Officer · since Oct 14, 2024
- Richard Francis Crum · EVP, Chief Prod & Tech Officer · listed since Aug 2025
10% owners 9
- LiveOak I Co-Invest L.P. (entity) · on file since Sep 2025
- LiveOak Venture Partners 1A, L.P. (entity) · on file since Sep 2025
- LiveOak Venture Partners I, L.P. (entity) · on file since Sep 2025
- Liveoak Co-Invest Gp, LLC (entity) · on file since Sep 2025
- Liveoak I Co-Invest II L.p. (entity) · on file since Sep 2025
- Liveoak I Co-Invest IV L.p. (entity) · on file since Sep 2025
- Lovp Sbic Management Services, LLC (entity) · since Jul 20, 2021
- Lovp Upper Tier Gp I, LLC (entity) · on file since Sep 2025
- Shamapant Venugopal · since Jul 20, 2021
Changes in the last 10 years (60)
| Jul 21, 2026 | Andre L Mintz became a director |
| Apr 22, 2026 | Toby J. Williams became a director |
| Apr 22, 2026 | The company announced the departure of Colette Pierce Burnette from the board in an SEC filing |
| Mar 2, 2026 | Krishna Srinivasan no longer listed as a 10% owner in SEC filings |
| Jan 12, 2026 | Aaron Joseph Barfoot became EVP, Chief Financial Officer |
| Sep 19, 2025 | Lovp Upper Tier Gp I, LLC first on file as a 10% owner |
| Sep 19, 2025 | Liveoak I Co-Invest IV L.p. first on file as a 10% owner |
| Sep 19, 2025 | Liveoak I Co-Invest II L.p. first on file as a 10% owner |
| Sep 19, 2025 | Liveoak Co-Invest Gp, LLC first on file as a 10% owner |
| Sep 19, 2025 | LiveOak Venture Partners I, L.P. first on file as a 10% owner |
| Sep 19, 2025 | LiveOak Venture Partners 1A, L.P. first on file as a 10% owner |
| Sep 19, 2025 | LiveOak I Co-Invest L.P. first on file as a 10% owner |
| Aug 20, 2025 | Richard Francis Crum listed as EVP, Chief Prod & Tech Officer (previously EVP, Chief Product Officer) in SEC filings |
| Aug 6, 2025 | The company announced the departure of Michael Lafair as EVP, Chief Financial Officer in an SEC filing |
| Mar 13, 2025 | Thomas F Bogan became a director |
| Oct 14, 2024 | Susan Garcia became GC & Chief Compliance Officer |
| Jul 15, 2024 | Richard Francis Crum became EVP, Chief Product Officer |
| Jul 9, 2024 | The company announced the departure of Kevin Joseph Smith as EVP, Chief Product Officer in an SEC filing |
| May 21, 2024 | Scott A Hill no longer listed as Chief Executive Officer in SEC filings |
| Apr 29, 2024 | Eric Friedrichsen became a director |
| Apr 29, 2024 | Eric Friedrichsen became Chief Executive Officer |
| Jan 18, 2024 | Melanie Antoon became EVP, Chief Customer Officer |
| Jan 18, 2024 | Karen Herckis became EVP, Chief HR Officer |
| Sep 13, 2023 | Scott A Hill first listed as Chief Executive Officer in an SEC filing |
| Sep 11, 2023 | The company announced the departure of Scott A Hill from the board in an SEC filing |
| Sep 10, 2023 | The company announced the departure of Kiwi Camara from the board in an SEC filing |
| Sep 10, 2023 | The company announced the departure of Kiwi Camara as Chief Executive Officer in an SEC filing |
| Apr 13, 2023 | Kevin Joseph Smith became EVP, Chief Product Officer |
| Jan 5, 2023 | The company announced the departure of Keith Zoellner as Chief Technology Officer in an SEC filing |
| Nov 3, 2022 | Michael Lafair listed as EVP, Chief Financial Officer (previously Chief Financial Officer) in SEC filings |
| Jul 27, 2021 | SG-Disco, LLC first on file as a 10% owner |
| Jul 20, 2021 | W. R. Stephens Jr. became a 10% owner |
| Jul 20, 2021 | Tyson Baber became a director |
| Jul 20, 2021 | Susan L Blount became a director |
| Jul 20, 2021 | Stephens Group, LLC became a 10% owner |
| Jul 20, 2021 | Shamapant Venugopal became a 10% owner |
| Jul 20, 2021 | Sean Nathaniel became Chief Operating Officer |
| Jul 20, 2021 | Scott A Hill became a director |
| Jul 20, 2021 | Robert P Goodman became a director |
| Jul 20, 2021 | Michael Lafair became Chief Financial Officer |
| Jul 20, 2021 | Lovp Sbic Management Services, LLC became a 10% owner |
| Jul 20, 2021 | Krishna Srinivasan became a director |
| Jul 20, 2021 | Krishna Srinivasan became a 10% owner |
| Jul 20, 2021 | Kiwi Camara became a director |
| Jul 20, 2021 | Kiwi Camara became Chief Executive Officer |
| Jul 20, 2021 | Kenneth Aaron Clark became a director |
| Jul 20, 2021 | Keith Zoellner became Chief Technology Officer |
| Jul 20, 2021 | James Offerdahl became a director |
| Jul 20, 2021 | Georgian Partners IV GP, LP became a 10% owner |
| Jul 20, 2021 | Georgian Partners IV GP Inc. became a 10% owner |
| Jul 20, 2021 | Georgian Partners Growth Fund IV, LP became a 10% owner |
| Jul 20, 2021 | Georgian Partners Growth Fund (International) IV, LP became a 10% owner |
| Jul 20, 2021 | Elizabeth Stephens Campbell became a 10% owner |
| Jul 20, 2021 | Deer VIII & Co. Ltd. became a 10% owner |
| Jul 20, 2021 | Deer VIII & Co. L.P. became a 10% owner |
| Jul 20, 2021 | Council II ULC Georgian became a 10% owner |
| Jul 20, 2021 | Colette Pierce Burnette became a director |
| Jul 20, 2021 | Bessemer Venture Partners VIII L.P. became a 10% owner |
| Jul 20, 2021 | Bessemer Venture Partners VIII Institutional L.P. became a 10% owner |
| Jul 20, 2021 | Andrew Shimek became Chief Revenue Officer |
Not reported recently (17)
- Kenneth Aaron Clark · Last reported as a director in an SEC filing dated Jun 15, 2023
- Tyson Baber · Last reported as a director in an SEC filing dated Jul 12, 2022
- Stephens Group, LLC · Last reported as a 10% owner in an SEC filing dated Jun 3, 2022
- W. R. Stephens Jr. · Last reported as a 10% owner in an SEC filing dated Jun 3, 2022
- Elizabeth Stephens Campbell · Last reported as a 10% owner in an SEC filing dated Jun 3, 2022
- Bessemer Venture Partners VIII Institutional L.P. · Last reported as a 10% owner in an SEC filing dated Jun 3, 2022
- Bessemer Venture Partners VIII L.P. · Last reported as a 10% owner in an SEC filing dated Jun 3, 2022
- Deer VIII & Co. Ltd. · Last reported as a 10% owner in an SEC filing dated Jun 3, 2022
- Deer VIII & Co. L.P. · Last reported as a 10% owner in an SEC filing dated Jun 3, 2022
- SG-Disco, LLC · Last reported as a 10% owner in an SEC filing dated Jun 3, 2022
- Andrew Shimek · Last reported as Chief Revenue Officer in an SEC filing dated Apr 12, 2022
- Sean Nathaniel · Last reported as Chief Operating Officer in an SEC filing dated Jul 27, 2021
- Georgian Partners IV GP Inc. · Last reported as a 10% owner in an SEC filing dated Jul 27, 2021
- Georgian Partners IV GP, LP · Last reported as a 10% owner in an SEC filing dated Jul 27, 2021
- Council II ULC Georgian · Last reported as a 10% owner in an SEC filing dated Jul 27, 2021
- Georgian Partners Growth Fund (International) IV, LP · Last reported as a 10% owner in an SEC filing dated Jul 27, 2021
- Georgian Partners Growth Fund IV, LP · Last reported as a 10% owner in an SEC filing dated Jul 27, 2021
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
LAW Proposed Insider Sales (Form 144)
Latest: 2026-08-17
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
4 filings
· $131K notice value
· 4 unique filers
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Melanie Antoon (1, $36K) · Karen Herckis (1, $36K) · Richard Crum (1, $31K) · Susan Garcia (1, $29K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-17 | Richard Crum | Officer | 7,800 | $31.2K | 2026-08-17 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-08-17 | Melanie Antoon | Officer | 8,900 | $35.6K | 2026-08-17 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-08-17 | Susan Garcia | Officer | 7,200 | $28.8K | 2026-08-17 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-08-17 | Karen Herckis | Officer | 8,900 | $35.6K | 2026-08-17 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-05-15 | Karen Herckis | Officer | 10,300 | $30.9K | 2026-05-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-05-15 | Susan Garcia | Officer | 8,400 | $25.2K | 2026-05-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-05-15 | Richard Crum | Officer | 9,000 | $27.0K | 2026-05-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-05-15 | Melanie Antoon | Officer | 10,400 | $31.2K | 2026-05-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-02-27 | Susan Garcia | Officer | 6,400 | $19.2K | 2026-03-02 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-02-27 | Melanie Antoon | Officer | 5,300 | $15.9K | 2026-03-02 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
33 ETFs hold LAW
25 shown · $16.61M total exposure · 0.00% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.01% | $3.7M | $74.6B | 2026-10-23 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $3.1M | — | 2026-09-30 |
| 3 | VGT Vanguard Information Technology ETF | Vanguard | 0.00% | $2.5M | — | 2026-09-30 |
| 4 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.00% | $1.3M | — | 2026-10-23 |
| 5 | VXF Vanguard Extended Market ETF | Vanguard | 0.00% | $1.2M | — | 2026-09-30 |
| 6 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.01% | $1.0M | $13.7B | 2026-10-23 |
| 7 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.01% | $828,869 | — | 2026-10-23 |
| 8 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.00% | $673,663 | — | 2026-09-30 |
| 9 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.00% | $483,660 | — | 2026-05-31 |
| 10 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.04% | $442,864 | $1.2B | 2026-10-23 |
| 11 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.00% | $410,376 | $13.9B | 2026-10-23 |
| 12 | AVSC Avantis U.S. Small Cap Equity ETF | Avantis | 0.01% | $192,579 | $3.2B | 2026-10-23 |
| 13 | DCOR Dimensional US Core Equity 1 ETF | Dimensional | 0.00% | $139,932 | — | 2026-10-23 |
| 14 | VTWG Vanguard Russell 2000 Growth ETF | Vanguard | 0.01% | $96,965 | — | 2026-09-30 |
| 15 | DXUV Dimensional US Vector Equity ETF | Dimensional | 0.00% | $79,665 | — | 2026-10-23 |
| 16 | SCHB Schwab U.S. Broad Market ETF | Nport | 0.00% | $72,458 | — | 2026-05-31 |
| 17 | RSSL Global X Russell 2000 ETF | Global X | 0.01% | $69,190 | — | 2026-10-26 |
| 18 | IWV iShares Russell 3000 ETF | iShares (BlackRock) | 0.00% | $51,024 | $20.4B | 2026-10-23 |
| 19 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.00% | $43,232 | — | 2026-10-23 |
| 20 | DFAU Dimensional US Core Equity Market ETF | Dimensional | 0.00% | $30,679 | $13.0B | 2026-10-23 |
| 21 | VTWV Vanguard Russell 2000 Value ETF | Vanguard | 0.00% | $26,613 | — | 2026-09-30 |
| 22 | DFSU Dimensional US Sustainability Core 1 ETF | Dimensional | 0.00% | $22,004 | $2.4B | 2026-10-23 |
| 23 | FEAC Fidelity Enhanced U.S. All-Cap Equity ETF | Fidelity | 0.07% | $11,113 | $16.3M | 2026-10-23 |
| 24 | ITWO ProShares Russell 2000 High Income ETF | ProShares | 0.00% | $8,115 | — | 2026-10-26 |
| 25 | AVTM Avantis Total Equity Markets ETF | Avantis | 0.00% | $8,031 | $771.8M | 2026-10-23 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$-0.69
TTM Revenue
$162.08M
TTM Net Income
$-42.60M
TTM Op. Cash Flow
$-16.12M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $41.88M | $-9.62M | $-0.15 | $-11.68M |
| Q4 '25 | 2025-12-31 | $41.17M | $-8.50M | $-0.14 | $762.00K |
| Q3 '25 | 2025-09-30 | $40.92M | $-13.66M | $-0.22 | $-979.00K |
| Q2 '25 | 2025-06-30 | $38.11M | $-10.81M | $-0.18 | $-4.22M |
| Q1 '25 | 2025-03-31 | $36.65M | $-11.39M | $-0.19 | $-10.50M |
| Q4 '24 | 2024-12-31 | $37.00M | $-25.20M | $-0.42 | $2.09M |
| Q3 '24 | 2024-09-30 | $36.27M | $-9.16M | $-0.15 | $-2.86M |
| Q2 '24 | 2024-06-30 | $36.01M | $-10.83M | $-0.18 | $-650.00K |
| Q1 '24 | 2024-03-31 | $35.57M | $-10.58M | $-0.17 | $-7.33M |
| Q4 '23 | 2023-12-31 | $35.74M | $-5.84M | $-0.09 | $3.17M |
| Q3 '23 | 2023-09-30 | $34.94M | $-1.03M | $-0.02 | $-6.90M |
| Q2 '23 | 2023-06-30 | $34.28M | $-14.91M | $-0.25 | $-7.05M |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-06
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
2.51
P/S
1.92
EV/EBITDA
—
EV/Sales
1.81
ROE
-34.4%
ROA
-26.2%
Div Yield
0.00%
FCF Yield
-5.19%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$310.92M
as of 2026-10-26
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
1.48M
SI % of Float
5.44%
Days to Cover
7.92
Short Vol Ratio
48.6%
Free Float
27.18M
Float %
41.9%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-10-06