LegalZoom Announces Sale of Austin, Texas Facility for Approximately $38 Million in Cash
LegalZoom.com, Inc. (LZ)
Company Research
Source: Business Wire
Opens new leased office locations in Austin and Los Angeles to foster collaboration and innovation MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--LegalZoom.com, Inc. (Nasdaq: LZ), a leading online platform for legal services, today announced the sale of its previously owned office building as of March 31, for approximately $38 million in cash.The company also announced the opening of new leased office spaces in Austin, Texas, and Sherman Oaks, California, designed to better align with the company’s current needs. The moves underscore LegalZoom’s commitment to a strong balance sheet and fostering collaboration, innovation, and employee engagement as the company continues to build its presence in these key markets.“The sale of our Austin facility bolsters our cash position and increases flexibility as it relates to our capital allocation strategy. Looking ahead, we will continue to balance investments in our business to support our strategic growth plans alongside opportunistically returnin
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News
- LegalZoom.com (NASDAQ:LZ) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- LegalZoom Renews Commitment to Defy Ventures to Support Entrepreneurship Programs for Currently and Formerly Incarcerated IndividualsBusiness Wire
- LegalZoom.com (NASDAQ:LZ) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Assessing LegalZoom (LZ) Valuation Following Recent Share Price Volatility [Yahoo! Finance]Yahoo! Finance
- LegalZoom.com (NASDAQ:LZ) had its price target lowered by analysts at Citigroup Inc. from $12.00 to $10.50. They now have a "neutral" rating on the stock.MarketBeat
LZ
Earnings
- 11/5/25 - Beat
LZ
Sec Filings
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- LZ's page on the SEC website