LegalZoom’s CFO Noel Watson sold 50K shares worth $372K to cover tax liabilities from vested stock units — not a sign of losing faith. He still owns nearly 2 million shares, valued at $14.5M, underscoring his continued confidence. While LegalZoom’s stock has dropped 20% year-to-date and AI concerns swirl, Q1 sales rose 13%, and revenue forecasts were raised to $810M–$830M. The company is doubling down on its network of real attorneys for complex cases, not AI — positioning itself strategically amid market headwinds.
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