LAW
CS Disco, Inc.
NYSEUSDEQUITY
Technology
DELAYED
Last price
4.27
▼ 0.07 (1.61%)
MARKET · —
Price
Open
4.34
Prev close
4.34
Day high
4.30
Day low
4.19
Volume
134.45K
Market cap
$273.85M
P/E (TTM)
—
52W range
2.45 – 9.11
Trailing performance
Returnvs SPY
1W
-2.95%
-1.6%
1M
+21.31%
+17.6%
3M
+14.78%
+11.7%
6M
+30.18%
+19.1%
YTD
-44.97%
-57.3%
1Y
-12.68%
-32.7%
3Y
-55.29%
-129.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$273.85M
Enterprise value$181.47M
Revenue (TTM)$167.12M
Gross profit$125.05M
EBITDA$-34.69M
Net income$-40.44M
EPS (TTM)$-0.65
Free cash flow$4.46M
Total cash$101.39M
Total debt$5.66M
Book value / share$1.85
Shares outstanding64.13M
Float27.58M
Short % of float4.41%
Dividend yield—
Beta (5Y)1.87
Valuation & profitability ratios
Trailing P/E—
Forward P/E-128.11
PEG ratio—
Price / sales—
Price / book2.30
EV / revenue1.09
EV / EBITDA-5.23
Gross margin74.83%
Operating margin-21.36%
Profit margin-24.20%
Return on equity-31.34%
Return on assets-13.79%
Debt / equity4.71
Current ratio3.77
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $156.85M | $144.84M | $138.09M | $135.19M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | -$44.37M | -$55.77M | -$42.15M | -$70.77M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | -$44.37M | -$55.77M | -$42.15M | -$70.77M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.06 | -0.06 | +5.3% |
| Mar 2026 | -0.09 | -0.07 | +19.2% |
| Dec 2025 | -0.05 | -0.04 | +20.0% |
| Sep 2025 | -0.07 | -0.01 | +85.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.02 | 3 | $44.82M | +9.5% |
| Next quarter | 0.01 | 3 | $45.87M | +11.4% |
| Current year | -0.13 | 3 | $175.70M | +12.0% |
| Next year | -0.03 | 3 | $194.23M | +10.6% |
Analyst targets & ownership
Mean target$6.67
High target$10.00
Low target$4.00
Implied upside56.13%
Analyst count3
ConsensusNONE
Strong buy / Buy1 / 1
Hold1
Sell / Strong sell0 / 0
Held by insiders23.19%
Held by institutions76.07%
Institutions holding164
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+1.46M
Net buying
Buy transactions
14
1.54M shares
Sell transactions
12
83.96K shares
Net transactions
+26
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
15.06M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 17, 26 | HERCKIS KAREN Officer |
SELL | 8.49K | $35.48K | Direct |
| Aug 17, 26 | ANTOON MELANIE Officer |
SELL | 8.51K | $35.59K | Direct |
| Aug 17, 26 | CRUM RICHARD FRANCIS Chief Technology Officer |
SELL | 7.43K | $31.04K | Direct |
| Aug 17, 26 | GARCIA SUSAN General Counsel |
SELL | 6.84K | $28.59K | Direct |
| Aug 10, 26 | FRIEDRICHSEN ERIC Chief Executive Officer |
BUY | 7.50K | $31.95K | Direct |
| Jul 21, 26 | MINTZ ANDRE Director |
STOCK | 74.44K | $0 | Direct |
| Jun 10, 26 | OFFERDAHL JAMES R Director |
STOCK | 41.10K | $0 | Direct |
| Jun 10, 26 | BOGAN THOMAS F Director |
STOCK | 41.10K | $0 | Direct |
| Jun 10, 26 | BLOUNT SUSAN L Director |
STOCK | 41.10K | $0 | Direct |
| Jun 10, 26 | HILL SCOTT A Director |
STOCK | 41.10K | $0 | Direct |
| Jun 10, 26 | SRINIVASAN KRISHNA Director |
STOCK | 41.10K | $0 | Direct |
| Jun 10, 26 | GOODMAN ROBERT P Director |
STOCK | 41.10K | $0 | Direct |
| May 18, 26 | HERCKIS KAREN Officer |
SELL | 8.56K | $30.91K | Direct |
| May 18, 26 | ANTOON MELANIE Officer |
SELL | 8.59K | $31.01K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ANTOON MELANIE |
Officer | 267.51K | Sale |
BARFOOT AARON JOSEPH |
Chief Financial Officer | 246.61K | Stock Award(Grant) |
BOGAN THOMAS F |
Director | 212.19K | Stock Award(Grant) |
CRUM RICHARD FRANCIS |
Chief Technology Officer | 335.18K | Sale |
FRIEDRICHSEN ERIC |
Chief Executive Officer | 1.48M | Purchase |
GOODMAN ROBERT P |
Director | 1.12M | Stock Award(Grant) |
HILL SCOTT A |
Director | 314.33K | Stock Award(Grant) |
LAFAIR MICHAEL S. |
Chief Financial Officer | 802.59K | Sale |
OFFERDAHL JAMES R |
Director | 264.75K | Stock Award(Grant) |
SRINIVASAN KRISHNA |
Director | 7.97M | Stock Award(Grant) |
Moving averages & technicals
SMA 10
4.34
-1.50% from price
SMA 20
4.22
+1.14% from price
SMA 50
3.95
+8.12% from price
SMA 100
3.96
+7.96% from price
SMA 200
4.96
-13.91% from price
EMA 12
4.29
-0.56% from price
EMA 26
4.18
+2.12% from price
EMA 50
4.08
+4.59% from price
RSI (14)
53.0
Neutral
MACD (12,26,9)
0.11
Hist -0.00
ATR (14)
0.30
6.93% of price
Realised vol 30D
65.9%
Annualised
Bollinger upper
4.57
20, 2σ
Bollinger lower
3.87
20, 2σ
50 / 200 cross
Death
3.95 vs 4.96
Trend bias
Below 200
-13.91%
Risk profile
Beta vs SPY
0.39
Less volatile than market
Correlation to SPY
0.06
Largely independent
Realised vol 30D
65.9%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-69.0%
Peak to trough
Max drawdown 5Y
-95.8%
Peak to trough
ATR 14
0.30
6.93% of price
Beta (reported)
1.87
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
4.29
Put-heavy session
Put / call open interest
11.06
Positioning, not flow
Max pain
5.00
+17.1% from spot
ATM implied vol
75.4%
Nearest strike to spot
Skew (10% OTM)
+5.1%
Puts bid over calls
Call volume
7
Contracts, this expiry
Put volume
30
Contracts, this expiry
Heaviest call OI
5.00
66 contracts
Heaviest put OI
5.00
918 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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