Life360, Inc. (NASDAQ:LIF - Get Free Report) CEO Lauren Antonoff sold 19,442 shares of Life360 stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $76.24, for a total value of $1,482,258.08. Following the completion of the transaction, the chief executive officer owned 305,385 shares in the company, valued at $23,282,552.40. This trade represents a 5.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Lauren Antonoff also recently made the following trade(s):
- On Monday, November 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The stock was sold at an average price of $76.10, for a total value of $345,950.60.
- On Friday, October 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The stock was sold at an average price of $93.01, for a total value of $422,823.46.
- On Wednesday, September 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The shares were sold at an average price of $101.52, for a total transaction of $461,509.92.
Life360 Stock Down 5.7%
Shares of Life360 stock opened at $73.57 on Tuesday. Life360, Inc. has a one year low of $29.62 and a one year high of $112.54. The company has a market cap of $5.77 billion, a P/E ratio of 216.38 and a beta of 3.62. The company has a debt-to-equity ratio of 0.79, a quick ratio of 6.62 and a current ratio of 6.80. The firm has a fifty day moving average of $88.82 and a two-hundred day moving average of $81.49.
Life360 (NASDAQ:LIF - Get Free Report) last issued its earnings results on Monday, November 10th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.08. The business had revenue of $124.50 million for the quarter, compared to the consensus estimate of $119.26 million. Life360 had a net margin of 6.46% and a return on equity of 7.95%. On average, analysts forecast that Life360, Inc. will post -0.17 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on LIF shares. Citigroup reissued a "market outperform" rating on shares of Life360 in a research note on Tuesday, November 11th. Evercore ISI upped their price objective on Life360 from $55.00 to $95.00 and gave the stock an "outperform" rating in a report on Tuesday, August 12th. JMP Securities raised their target price on Life360 from $62.00 to $95.00 and gave the company a "market outperform" rating in a report on Tuesday, August 12th. UBS Group decreased their target price on shares of Life360 from $120.00 to $110.00 and set a "buy" rating on the stock in a research report on Tuesday, November 11th. Finally, Canaccord Genuity Group upped their price target on shares of Life360 from $86.00 to $90.00 and gave the stock a "buy" rating in a research note on Tuesday, August 12th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $90.00.
Read Our Latest Stock Report on Life360
Institutional Trading of Life360
Large investors have recently bought and sold shares of the company. SBI Securities Co. Ltd. raised its stake in shares of Life360 by 824.1% during the 3rd quarter. SBI Securities Co. Ltd. now owns 268 shares of the company's stock worth $28,000 after buying an additional 239 shares during the last quarter. NewEdge Advisors LLC purchased a new position in Life360 during the 3rd quarter valued at about $32,000. CWM LLC raised its position in Life360 by 71.4% during the third quarter. CWM LLC now owns 384 shares of the company's stock worth $41,000 after acquiring an additional 160 shares during the last quarter. IFP Advisors Inc purchased a new stake in shares of Life360 in the third quarter valued at about $47,000. Finally, Jones Financial Companies Lllp grew its position in shares of Life360 by 1,663.3% in the third quarter. Jones Financial Companies Lllp now owns 529 shares of the company's stock valued at $55,000 after purchasing an additional 499 shares during the last quarter. Institutional investors and hedge funds own 20.00% of the company's stock.
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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