Life360, Inc. (NASDAQ:LIF - Get Free Report) Director John Philip Coghlan sold 3,125 shares of the business's stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $77.22, for a total transaction of $241,312.50. Following the sale, the director directly owned 12,110 shares of the company's stock, valued at approximately $935,134.20. The trade was a 20.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
John Philip Coghlan also recently made the following trade(s):
- On Monday, November 3rd, John Philip Coghlan sold 3,125 shares of Life360 stock. The shares were sold at an average price of $98.93, for a total transaction of $309,156.25.
Life360 Price Performance
LIF stock opened at $72.89 on Wednesday. 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 business has a 50-day simple moving average of $88.16 and a two-hundred day simple moving average of $81.57. The company has a market capitalization of $5.71 billion, a P/E ratio of 214.38 and a beta of 3.60. Life360, Inc. has a 52-week low of $29.62 and a 52-week high of $112.54.
Life360 (NASDAQ:LIF - Get Free Report) last posted its earnings results on Monday, November 10th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.08. The company had revenue of $124.50 million for the quarter, compared to analyst estimates of $119.26 million. Life360 had a return on equity of 7.95% and a net margin of 6.46%. Research analysts expect that Life360, Inc. will post -0.17 EPS for the current fiscal year.
Institutional Trading of Life360
A number of large investors have recently added to or reduced their stakes in LIF. SBI Securities Co. Ltd. boosted its stake in Life360 by 824.1% in the third quarter. SBI Securities Co. Ltd. now owns 268 shares of the company's stock valued at $28,000 after acquiring an additional 239 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of Life360 in the 3rd quarter worth approximately $32,000. CWM LLC lifted its stake in Life360 by 71.4% in the third quarter. CWM LLC now owns 384 shares of the company's stock valued at $41,000 after purchasing an additional 160 shares during the last quarter. IFP Advisors Inc bought a new position in Life360 during the third quarter valued at $47,000. Finally, Jones Financial Companies Lllp grew its holdings in Life360 by 1,663.3% during 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 period. Hedge funds and other institutional investors own 20.00% of the company's stock.
Analysts Set New Price Targets
LIF has been the topic of several recent analyst reports. Zacks Research cut Life360 from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, November 5th. JMP Securities raised their price target on shares of Life360 from $62.00 to $95.00 and gave the company a "market outperform" rating in a research report on Tuesday, August 12th. Wall Street Zen upgraded shares of Life360 from a "hold" rating to a "buy" rating in a report on Saturday, November 22nd. UBS Group decreased their price objective on shares of Life360 from $120.00 to $110.00 and set a "buy" rating for the company in a research note on Tuesday, November 11th. Finally, Canaccord Genuity Group boosted their target price on Life360 from $86.00 to $90.00 and gave the stock a "buy" rating in a research note on Tuesday, August 12th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Life360 presently has a consensus rating of "Moderate Buy" and a consensus target price of $90.00.
Check Out Our Latest Stock Report on Life360
Life360 Company Profile
(
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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