Insider Selling: Life360 (NASDAQ:LIF) CEO Sells 4,546 Shares of Stock

Key Points

  • CEO Lauren Antonoff sold 4,546 shares on Nov. 24 at an average of $76.10 for $345,950.60, trimming her stake by 1.38% to 324,827 shares (~$24.7M); she has made several recent sales (Oct. 24, Sep. 24 and Sep. 5), indicating a pattern of insider selling.
  • Life360 shares are slightly down and trade within a 12‑month range of $29.62–$112.54 with a $6.19B market cap and a high PE (~232); the company recently beat quarterly EPS and revenue estimates and carries a consensus analyst rating of "Moderate Buy" with a $90 price target.

Life360, Inc. (NASDAQ:LIF - Get Free Report) CEO Lauren Antonoff sold 4,546 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $76.10, for a total transaction of $345,950.60. Following the completion of the sale, the chief executive officer directly owned 324,827 shares in the company, valued at approximately $24,719,334.70. This trade represents a 1.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Lauren Antonoff also recently made the following trade(s):

  • On Friday, October 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The shares were sold at an average price of $93.01, for a total transaction of $422,823.46.
  • On Wednesday, September 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The stock was sold at an average price of $101.52, for a total transaction of $461,509.92.
  • On Friday, September 5th, Lauren Antonoff sold 17,764 shares of Life360 stock. The stock was sold at an average price of $90.90, for a total transaction of $1,614,747.60.

Life360 Trading Down 0.3%




Life360 stock opened at $78.91 on Wednesday. Life360, Inc. has a 12-month low of $29.62 and a 12-month high of $112.54. The company has a debt-to-equity ratio of 0.79, a current ratio of 6.80 and a quick ratio of 6.62. The stock has a market capitalization of $6.19 billion, a PE ratio of 232.09 and a beta of 3.41. The firm has a 50 day simple moving average of $93.51 and a 200-day simple moving average of $80.37.

Life360 (NASDAQ:LIF - Get Free Report) last announced its earnings results on Monday, November 10th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.03 by $0.08. The firm had revenue of $124.50 million for the quarter, compared to analysts' expectations of $119.26 million. Life360 had a return on equity of 7.95% and a net margin of 6.46%. Life360 has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that Life360, Inc. will post -0.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on LIF. JMP Securities raised their target price on Life360 from $62.00 to $95.00 and gave the company a "market outperform" rating in a research note on Tuesday, August 12th. UBS Group decreased their target price on Life360 from $120.00 to $110.00 and set a "buy" rating on the stock in a report on Tuesday, November 11th. Canaccord Genuity Group raised their target price on shares of Life360 from $86.00 to $90.00 and gave the stock a "buy" rating in a report on Tuesday, August 12th. Stifel Nicolaus cut shares of Life360 from a "buy" rating to a "hold" rating and set a $92.00 price objective on the stock. in a research report on Friday, October 24th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of Life360 in a research report on Tuesday, November 11th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Life360 has a consensus rating of "Moderate Buy" and a consensus price target of $90.00.

View Our Latest Stock Report on LIF

Hedge Funds Weigh In On Life360

Several institutional investors and hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. increased its stake in shares of Life360 by 824.1% in the third quarter. SBI Securities Co. Ltd. now owns 268 shares of the company's stock worth $28,000 after acquiring an additional 239 shares during the last quarter. NewEdge Advisors LLC acquired a new position in Life360 in the 3rd quarter worth about $32,000. CWM LLC raised its stake in shares of Life360 by 71.4% during the 3rd quarter. CWM LLC now owns 384 shares of the company's stock worth $41,000 after purchasing an additional 160 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Life360 by 1,663.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 529 shares of the company's stock valued at $55,000 after buying an additional 499 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in Life360 in the third quarter worth approximately $80,000. 20.00% of the stock is currently owned by hedge funds and other institutional investors.

About Life360

(Get Free Report)

Life360 Inc is a family connection and safety company. Its business category includes mobile app and Tile tracking devices with a range of services, including location sharing, safe driver reports and crash detection with emergency dispatch. Life360 Inc is based in SAN FRANCISCO.

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