LEGALZOOM COM INC LZ
COM · Common Stock · CUSIP 52466B103
American legal technology company
- SectorTechnology
- IndustryServices-Computer Processing & Data Preparation
- HeadquartersMountain View, CA
- Founded2001
- Websitelegalzoom.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.5m this quarter). Holder counts are more reliable. Shares outstanding: 171.3m as of 2026-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $6.13. Options: 10 managers hold calls ($9.0m notional), 7 hold puts ($1.7m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 135 |
| Q4 2022 | 152 |
| Q1 2023 | 151 |
| Q2 2023 | 175 |
| Q3 2023 | 183 |
| Q4 2023 | 203 |
| Q1 2024 | 196 |
| Q2 2024 | 182 |
| Q3 2024 | 185 |
| Q4 2024 | 205 |
| Q1 2025 | 226 |
| Q2 2025 | 234 |
| Q3 2025 | 237 |
| Q4 2025 | 236 |
| Q1 2026 | 238 |
| Q2 2026 | 243 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 99 | 86 |
| Q4 2024 | 96 | 84 |
| Q1 2025 | 120 | 89 |
| Q2 2025 | 136 | 108 |
| Q3 2025 | 134 | 108 |
| Q4 2025 | 133 | 103 |
| Q1 2026 | 129 | 134 |
| Q2 2026 | 118 | 136 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $18.5m | $6.2m | 0.34 |
| Q4 2025 | $17.6m | $1.7m | 0.10 |
| Q1 2026 | $7.6m | $2.2m | 0.29 |
| Q2 2026 | $9.0m | $1.7m | 0.19 |
Biggest buyers
| AMERIPRISE FINANCIAL INC | Added | +1.6m |
| CDC Financial, Inc. | Added | +1.2m |
| AQR CAPITAL MANAGEMENT LLC | Added | +799.0k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +697.1k |
| Balyasny Asset Management L.P. | New | +499.4k |
| SEB Asset Management AB | Added | +464.7k |
| MACKENZIE FINANCIAL CORP | Added | +415.8k |
| CAPITAL FUND MANAGEMENT S.A. | Added | +373.7k |
| UBS Group AG | Added | +363.9k |
| Numerai GP LLC | Added | +345.7k |
Biggest sellers
| Boston Partners | Reduced | -2.3m |
| Man Group plc | Reduced | -1.4m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.3m |
| Point72 Asset Management, L.P. | Sold out | -828.9k |
| Nuveen, LLC | Reduced | -633.4k |
| Ararat Capital Management LP | Reduced | -625.2k |
| HAWK RIDGE CAPITAL MANAGEMENT LP | Reduced | -620.2k |
| FIRST TRUST ADVISORS LP | Sold out | -530.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -498.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -489.4k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $1.9m306.8k shares |
| CDC Financial, Inc. | New | $1.8m290.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.4m229.7k shares |
| Tabor Asset Management, LP | New | $1.2m200.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m187.0k shares |
| IMC-Chicago, LLC | Reduced | $602.6k98.3k shares |
| JANE STREET GROUP, LLC | Reduced | $342.7k55.9k shares |
| Caption Management, LLC | New | $306.5k50.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $266.0k43.4k shares |
| Walleye Capital LLC | New | $91.3k14.9k shares |
Biggest puts
| GROUP ONE TRADING LLC | Reduced | $505.1k82.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $316.9k51.7k shares |
| CITADEL ADVISORS LLC | Reduced | $282.6k46.1k shares |
| DRW Securities, LLC | New | $205.4k33.5k shares |
| SIMPLEX TRADING, LLC | Added | $160.0k26.1k shares |
| IMC-Chicago, LLC | Added | $148.3k24.2k shares |
| JANE STREET GROUP, LLC | Reduced | $77.9k12.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +4.9 pts · filed 2026-03-04 | 10.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.6% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 3 | $1.2m | $936.8k |
| Q4 2025 | 0 | — | 2 | $369.8k | $369.8k |
| Q1 2026 | 0 | — | 2 | $259.0k | $259.0k |
| Q2 2026 | 1 | $768.8k | 2 | $223.1k | $223.1k |
| Q3 2026 | 0 | — | 2 | $3.4m | $426.9k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-21 | Watson Noel Bertram Chief Operating Officer & CFO | Sold | $487.6k83.6k shares |
| 2026-08-20 | Watson Noel Bertram Chief Operating Officer & CFO | Sold | $2.5m416.4k shares |
| 2026-08-18 | Miller Nicole CHIEF LEGAL OFFICER | Sold plan | $184.5k33.5k shares |
| 2026-08-17 | Miller Nicole CHIEF LEGAL OFFICER | Sold plan | $242.4k44.0k shares |
| 2026-05-19 | Miller Nicole CHIEF LEGAL OFFICER | Sold plan | $126.3k19.2k shares |
| 2026-05-18 | Watson Noel Bertram Chief Operating Officer & CFO | Sold plan | $96.8k15.0k shares |
| 2026-05-11 | Stibel Jeffrey M Chief Executive Officer, director | Bought | $768.8k125.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Francisco Partners Management, LP 48.56% of their portfolio | 28.6m $175.5m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 18.0m $110.3m | Added +66.6k |
| Technology Crossover Management IX, Ltd. 14.57% of their portfolio | 16.4m $100.5m | Unchanged |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 10.8m $66.3m | Reduced -486.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 6.5m $39.7m | Reduced -472.7k |
| STATE STREET CORP 0.00% of their portfolio | 4.6m $27.9m | Added +132.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 3.9m $24.2m | Reduced -68.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 3.0m $18.6m | Reduced -498.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.0m $18.6m | Added +137.4k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 3.0m $18.3m | Reduced -128.4k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.86% of their portfolio | 2.9m $17.5m | Added +161.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 2.8m $17.4m | Added +697.1k |
| Invenomic Capital Management LP 0.98% of their portfolio | 2.7m $16.4m | Reduced -247.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 2.6m $16.1m | Added +117.4k |
| MORGAN STANLEY 0.00% of their portfolio | 2.4m $14.9m | Added +278.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.3m $14.4m | Added +799.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.3m $14.3m | Reduced -489.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.0m $12.5m | Reduced -32.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 2.0m $12.4m | Added +1.6m |
| UBS Group AG 0.00% of their portfolio | 1.8m $10.9m | Added +363.9k |
| CDC Financial, Inc. 7.54% of their portfolio | 1.6m $9.8m | Added +1.2m |
| Boston Partners 0.01% of their portfolio | 1.6m $9.7m | Reduced -2.3m |
| Ararat Capital Management LP 4.51% of their portfolio | 1.6m $9.6m | Reduced -625.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.3m $8.0m | Added +112.5k |
| Tabor Asset Management, LP 2.25% of their portfolio | 1.2m $7.4m | Added +309.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.2m $7.2m | Added +165.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $7.2m | Reduced -1.3m |
| Coastal Bridge Advisors, LLC 0.40% of their portfolio | 1.1m $6.5m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 1.0m $6.3m | Added +21.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 923.2k $5.7m | Reduced -98.2k |
| HILLMAN CO 1.99% of their portfolio | 917.3k $5.6m | Unchanged |
| Pacer Advisors, Inc. 0.01% of their portfolio | 903.0k $5.5m | Reduced -23.5k |
| Trexquant Investment LP 0.03% of their portfolio | 902.1k $5.5m | Reduced -432.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 875.8k $5.4m | Reduced -8.9k |
| Hillsdale Investment Management Inc. 0.12% of their portfolio | 858.3k $5.3m | Added +79.9k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 842.4k $5.2m | Added +11.4k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 842.3k $5.2m | Added +415.8k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 830.9k $5.1m | Reduced -30.2k |
| SEB Asset Management AB 0.02% of their portfolio | 796.4k $4.9m | Added +464.7k |
| NORGES BANK 0.00% of their portfolio | 755.3k $4.6m | Not comparable |
| CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio | 735.9k $4.5m | Added +373.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 710.8k $4.4m | Reduced -11.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 637.5k $3.9m | Added +112.3k |
| Walleye Capital LLC 0.02% of their portfolio | 567.6k $3.5m | Added +213.6k |
| CITIZENS FINANCIAL GROUP INC/RI 0.04% of their portfolio | 547.5k $3.4m | Added +1.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 541.9k $3.3m | Added +26.1k |
| Invesco Ltd. 0.00% of their portfolio | 509.8k $3.1m | Added +25.6k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 499.4k $3.1m | New |
| Numerai GP LLC 0.23% of their portfolio | 449.7k $2.8m | Added +345.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 444.9k $2.7m | Added +269.7k |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 444.1k $2.7m | Added +150.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 391.1k $2.4m | Reduced -29.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 383.7k $2.4m | Reduced -171 |
| Public Sector Pension Investment Board 0.01% of their portfolio | 383.3k $2.3m | Reduced -33.4k |
| HARBOR CAPITAL ADVISORS, INC. 0.15% of their portfolio | 369.9k $2.3m | Added +1.6k |
| CenterBook Partners LP 0.10% of their portfolio | 342.2k $2.1m | New |
| Nuveen, LLC 0.00% of their portfolio | 299.4k $1.8m | Reduced -633.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 298.0k $1.8m | Added +252.6k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.12% of their portfolio | 292.3k $1.8m | New |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 289.8k $1.8m | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 281.7k $1.7m | Added +213.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 270.0k $1.7m | Added +200.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 265.9k $1.6m | Reduced -80.0k |
| Brevan Howard Capital Management LP 0.02% of their portfolio | 258.6k $1.6m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 258.0k $1.6m | Added +69.5k |
| Empowered Funds, LLC 0.01% of their portfolio | 250.4k $1.5m | Reduced -264.4k |
| Legal & General Group Plc 0.00% of their portfolio | 247.4k $1.5m | Reduced -29.1k |
| Edgestream Partners, L.P. 0.04% of their portfolio | 243.1k $1.5m | Added +225.4k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 229.3k $1.4m | Reduced -4.4k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 228.4k $1.4m | Added +131.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 218.9k $1.3m | Reduced -111.2k |
| ROYCE & ASSOCIATES LP 0.01% of their portfolio | 215.7k $1.3m | New |
| Cresset Asset Management, LLC 0.00% of their portfolio | 215.3k $1.3m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 209.2k $1.3m | Reduced -13.6k |
| Swiss National Bank 0.00% of their portfolio | 208.2k $1.3m | Reduced -22.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 203.1k $1.2m | Reduced -60.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 201.6k $1.2m | New |
| Mainstream Capital Management LLC 0.74% of their portfolio | 200.0k $1.2m | Reduced -25.0k |
| VARCOV Co. 0.46% of their portfolio | 198.0k $1.2m | Added +73.6k |
| Avory & Company, LLC 1.50% of their portfolio | 195.3k $1.2m | Reduced -30.8k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.08% of their portfolio | 190.0k $1.2m | New |
| Man Group plc 0.00% of their portfolio | 182.6k $1.1m | Reduced -1.4m |
| CITIGROUP INC 0.00% of their portfolio | 178.0k $1.1m | Reduced -46.7k |
| CreativeOne Wealth, LLC 0.02% of their portfolio | 175.4k $1.1m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 161.5k $991.0k | Added +6.7k |
| Creative Planning 0.00% of their portfolio | 160.9k $986.1k | Added +85.0k |
| Quantinno Capital Management LP 0.00% of their portfolio | 153.0k $937.6k | Reduced -240.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 148.5k $842.1k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 144.4k $885.4k | Added +40.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 139.0k $847.0k | Added +97.5k |
| Clearline Capital LP 0.05% of their portfolio | 136.1k $834.2k | New |
| STRS OHIO 0.00% of their portfolio | 127.1k $779.1k | Added +23.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 124.0k $760.1k | Reduced -9.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 123.8k $758.9k | Reduced -215.4k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 116.1k $711.6k | Added +420 |
| HAWK RIDGE CAPITAL MANAGEMENT LP 0.02% of their portfolio | 115.7k $709.4k | Reduced -620.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 115.5k $708.3k | New |
| XTX Topco Ltd 0.01% of their portfolio | 113.0k $692.7k | New |
| Freestone Grove Partners LP 0.00% of their portfolio | 111.0k $680.2k | Reduced -70.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 105.8k $648.6k | Reduced -4.0k |