LAW — CS Disco LLC

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About CS Disco LLC

CS Disco, Inc. provides cloud-native and artificial intelligence-powered legal products for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. The company offers DISCO Hold which automates the manual work to comply with preservation requirements, preserve data, notify custodians, track holds with audit trail, and collect data; DISCO Request that automates response compliance… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$3.79
Market Cap$236M
Float27.4M
Shares Outstanding64.1M
P/E (Forward)172.41
Price/Sales (TTM)1.46
vs. Analyst Target+75.9% to analyst PT
Profit Margin-26.28%
Operating Margin (TTM)-24.10%
Revenue (TTM)$162M
Dividend RateNone
Analyst Target Price$6.67 (6 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $68.4M -$22.9M $48.0M -$20.7M
2021 $114M -$24.3M $83.2M -$21.0M
2022 $135M -$70.8M $101M -$67.1M
2023 $138M -$42.1M $103M -$37.5M
2024 $145M -$55.8M $107M -$51.0M
2025 $157M -$44.4M $117M -$43.4M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $38.1M -$10.8M
Sep 2025 $40.9M -$13.7M
Dec 2025 $41.2M -$8.5M
Mar 2026 $41.9M -$9.6M

Ownership & Float

Insider Ownership23.1%
Institutional Ownership78.1%
Short Float5.6%
% of All Funds Holding1.35%
Number of Funds Holding111

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$3.95Near-term / short-term trend
Weekly40-Week SMA$5.55Medium-term trend
Weekly80-Week SMA$5.07Cyclical trend (business cycle)
Weekly200-Week SMA$6.60Secular trend (multi-year)
Monthly10-Month SMA$5.46Near-term monthly trend
Monthly20-Month SMA$5.07Medium-term monthly trend
Monthly40-Month SMA$6.06Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$4.40 resistance 1.65x 0 months ago
$3.10 support 1.60x 1 months ago
$6.20 resistance 2.87x 2 months ago

Historical Earnings Reactions (20 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.74% 0.84% 60.00% 16.24% -43.02%
1 Day 1.59% 5.65% 70.00% 24.59% -53.63%
1 Week 3.01% 1.46% 55.00% 69.57% -52.00%
2 Weeks 0.77% 1.20% 50.00% 60.87% -51.59%
1 Month 4.04% 0.37% 57.89% 43.76% -55.90%

Next earnings: July 25, 2026 (58 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.03% 47.3% 226
Tuesday 0.06% 52.6% 251
Wednesday -0.07% 50.6% 249
Thursday 0.21% 51.0% 243
Friday -0.54% 44.7% 246

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 78.1%

Insider Transactions — Smart Summary

Total insider ownership: 23.1%

12-Month Insider Activity Summary

Total Filings36
Net Value-$744,753.35
Net Shares Change1,461,187
% of Float5.3%
C-Suite Filings26
Clusters Detected5

Key Insiders

NameTitleNet ValueFilingsActivity
GOODMAN ROBERT P +$3.3M 1 1 buy
Hill Scott A +$169,245 1 1 buy
Srinivasan Krishna +$143,851.5 1 1 buy
Friedrichsen Eric Chief Executive Officer +$80,680 2 2 buy
Garcia Susan GC and Chief Compliance Officer -$44,466.36 2 2 sell
Antoon Melanie EVP, Chief Customer Officer -$31,009.9 1 1 sell
Herckis Karen EVP, Chief HR Officer -$30,908.82 1 1 sell
Crum Richard Francis EVP, Chief Prod and Tech Officer -$27,046.12 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-12 – 2025-08-20 6 6 -$105,940.22 5 C-suite
2025-11-05 – 2025-11-19 7 7 -$203,947.9 6 C-suite
2026-02-11 – 2026-02-19 5 5 -$73,102.77 4 C-suite
2026-03-02 – 2026-03-04 8 8 +$3.6M 5 C-suite
2026-05-11 – 2026-05-19 5 5 -$78,403.76 5 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-11 Friedrichsen Eric Chief Executive Officer +$35,730 Transaction at $3.97, now -4.5%
2026-03-02 Friedrichsen Eric Chief Executive Officer +$44,950 Transaction at $2.90, now +30.7%
2026-03-03 GOODMAN ROBERT P +$3.3M Transaction at $3.19, now +18.8%
2026-03-04 Hill Scott A +$169,245 Transaction at $3.38, now +12.0%
2026-03-02 Srinivasan Krishna +$143,851.5 Transaction at $3.20, now +18.6%
2026-05-19 Herckis Karen EVP, Chief HR Officer -$30,908.82 Transaction at $3.61, now +5.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for CS Disco LLC (LAW) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for LAW on Trend Edge →