Key Points
- Director Charles Prober sold 7,930 shares on Jan. 13 at an average $61.98 for a $491,501 transaction, reducing his stake by 6.99% to 105,456 shares (≈$6.54M remaining).
- Life360 beat its latest quarter estimates, reporting $0.11 EPS vs. $0.03 expected and $124.5M revenue vs. $119.26M, though analysts forecast a -$0.17 EPS for the current fiscal year.
- The stock opened at $59.79 with a 12‑month range of $29.62–$112.54 and a $4.69B market cap, and analysts hold a consensus "Moderate Buy" with an average target of $92.31.
Life360, Inc. (NASDAQ:LIF - Get Free Report) Director Charles Prober sold 7,930 shares of the firm's stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $61.98, for a total transaction of $491,501.40. Following the sale, the director owned 105,456 shares of the company's stock, valued at approximately $6,536,162.88. This represents a 6.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Life360 Stock Up 0.3%
Life360 stock opened at $59.79 on Friday. Life360, Inc. has a twelve month low of $29.62 and a twelve month high of $112.54. 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 market cap of $4.69 billion, a PE ratio of 175.85 and a beta of 3.79. The firm's 50 day moving average price is $69.89 and its two-hundred day moving average price is $81.72.
Life360 (NASDAQ:LIF - Get Free Report) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.03 by $0.08. Life360 had a net margin of 6.46% and a return on equity of 7.95%. The business had revenue of $124.50 million for the quarter, compared to analysts' expectations of $119.26 million. On average, research analysts predict that Life360, Inc. will post -0.17 EPS for the current fiscal year.
Institutional Investors Weigh In On Life360
Hedge funds have recently bought and sold shares of the company. SBI Securities Co. Ltd. grew its position in shares of 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 purchasing an additional 239 shares during the last quarter. NewEdge Advisors LLC bought a new stake in Life360 during the 3rd quarter valued at approximately $32,000. CWM LLC grew its holdings in Life360 by 71.4% in the 3rd quarter. CWM LLC now owns 384 shares of the company's stock valued at $41,000 after buying an additional 160 shares during the last quarter. IFP Advisors Inc bought a new position in Life360 in the 3rd quarter worth approximately $47,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Life360 by 1,663.3% during the third quarter. Jones Financial Companies Lllp now owns 529 shares of the company's stock worth $55,000 after buying an additional 499 shares during the last quarter. 20.00% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts recently commented on the company. Wall Street Zen cut Life360 from a "buy" rating to a "hold" rating in a research note on Saturday, December 13th. DA Davidson initiated coverage on shares of Life360 in a research note on Thursday, December 11th. They issued a "buy" rating and a $94.00 target price for the company. Weiss Ratings restated a "hold (c-)" rating on shares of Life360 in a research note on Monday, December 29th. Stifel Nicolaus set a $92.00 price objective on shares of Life360 in a research note on Tuesday, December 9th. Finally, UBS Group lowered 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. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $92.31.
Get Our Latest Report on Life360
Life360 Company Profile
(
Get Free Report)
Life360, Inc (NASDAQ: LIF) operates a location-based safety and communication platform designed to help families stay connected and secure. Through its flagship mobile application, Life360 offers real-time location sharing, check-in alerts and geofencing tools that enable users to monitor the whereabouts of family members or other trusted circles. The company's services extend to emergency response features, including SOS alerts, 24/7 roadside assistance and crash detection capabilities powered by machine-learning algorithms, all aimed at enhancing user safety on the road and at home.
The Life360 platform is offered under a freemium model, with a basic no-cost tier providing essential location sharing and alerts.
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