Key Points
- Insider sale: Director James Synge sold 3,966 shares on December 16 at an average price of $63.96, totaling $253,665.36, as disclosed in an SEC Form 4.
- Earnings beat but mixed outlook: Life360 reported $0.11 EPS vs. $0.03 expected and $124.5M revenue vs. $119.26M, yet analysts project a -0.17 EPS for the current fiscal year, indicating a mixed near-term outlook.
- Stock context and institutional interest: Shares trade around $63 (12‑month range $29.62–$112.54) with a $4.95B market cap and high volatility (beta 3.60); large investors like Vanguard have boosted holdings and the consensus analyst rating is a "Moderate Buy" with a $93.63 target.
Life360, Inc. (NASDAQ:LIF - Get Free Report) Director Chris Hulls sold 1,846 shares of the firm's stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $63.96, for a total value of $118,070.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Chris Hulls also recently made the following trade(s):
- On Tuesday, November 25th, Chris Hulls sold 311,749 shares of Life360 stock. The shares were sold at an average price of $77.10, for a total value of $24,035,847.90.
- On Wednesday, November 26th, Chris Hulls sold 120,000 shares of Life360 stock. The shares were sold at an average price of $78.70, for a total value of $9,444,000.00.
Life360 Price Performance
Life360 stock opened at $63.08 on Friday. The company has a current ratio of 6.80, a quick ratio of 6.62 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $4.95 billion, a P/E ratio of 185.53 and a beta of 3.60. The business has a 50-day moving average of $82.27 and a 200-day moving average of $81.45. Life360, Inc. has a 1 year low of $29.62 and a 1 year high of $112.54.
Life360 (NASDAQ:LIF - Get Free Report) last released its quarterly earnings data on Monday, November 10th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.08. The business had revenue of $124.50 million for the quarter, compared to analyst estimates of $119.26 million. Life360 had a net margin of 6.46% and a return on equity of 7.95%. On average, equities analysts anticipate that Life360, Inc. will post -0.17 EPS for the current year.
Hedge Funds Weigh In On Life360
Hedge funds have recently modified their holdings of the stock. IFP Advisors Inc acquired a new stake in shares of Life360 in the third quarter valued at about $47,000. Swiss Life Asset Management Ltd bought a new position in Life360 in the third quarter valued at approximately $355,000. CIBC Bancorp USA Inc. bought a new position in Life360 in the third quarter valued at approximately $206,000. Advisory Services Network LLC acquired a new position in shares of Life360 during the 3rd quarter worth approximately $80,000. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of Life360 by 321.2% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 36,464 shares of the company's stock worth $3,876,000 after purchasing an additional 27,807 shares during the last quarter. Institutional investors own 20.00% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts recently commented on LIF shares. Wall Street Zen cut shares of Life360 from a "buy" rating to a "hold" rating in a research report on Saturday, December 13th. Zacks Research lowered Life360 from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 5th. Stifel Nicolaus set a $92.00 price objective on Life360 in a research report on Tuesday, December 9th. Weiss Ratings restated a "hold (c-)" rating on shares of Life360 in a report on Monday. Finally, UBS Group cut their price target on shares of Life360 from $120.00 to $110.00 and set a "buy" rating on the stock in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $93.63.
Check Out Our Latest Analysis on LIF
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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