Key Points
- CEO Lauren Antonoff sold 17,153 shares on March 6 at an average price of $44.86 for a total of $769,483.58, reducing her stake by 5.62% to 288,232 shares valued at about $12.93 million.
- Shares opened at $46.38 with a market cap of $3.72 billion and a P/E of 26.5; the 50‑day and 200‑day moving averages are $55.60 and $76.07, respectively, reflecting a recent downtrend from the 12‑month high of $112.54.
- Analysts hold a consensus rating of “Moderate Buy” with a $83.31 average price target (mixed ratings: 1 Strong Buy, 5 Buy, 4 Hold), and institutional investors own about 20% of the stock.
Life360, Inc. (NASDAQ:LIF - Get Free Report) CEO Lauren Antonoff sold 17,153 shares of the business's stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $44.86, for a total transaction of $769,483.58. Following the completion of the sale, the chief executive officer owned 288,232 shares in the company, valued at $12,930,087.52. This represents a 5.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Life360 Stock Performance
NASDAQ:LIF opened at $46.38 on Wednesday. The company has a current ratio of 6.26, a quick ratio of 6.16 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $3.72 billion, a P/E ratio of 26.50 and a beta of 3.84. The firm has a 50-day moving average price of $55.60 and a two-hundred day moving average price of $76.07. Life360, Inc. has a twelve month low of $29.62 and a twelve month high of $112.54.
Hedge Funds Weigh In On Life360
Several institutional 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 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 acquired a new stake in shares of Life360 in the third quarter worth approximately $32,000. CWM LLC grew its holdings 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 period. Strive Financial Group LLC acquired a new position in Life360 during the fourth quarter worth approximately $26,000. Finally, IFP Advisors Inc acquired a new position in shares of Life360 in the 3rd quarter valued at $47,000. 20.00% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have commented on LIF. Stifel Nicolaus lowered their target price on Life360 from $92.00 to $76.00 and set a "hold" rating on the stock in a report on Tuesday, January 27th. Citizens Jmp downgraded shares of Life360 from a "market outperform" rating to a "market perform" rating in a research note on Monday, January 5th. DA Davidson assumed coverage on shares of Life360 in a report on Thursday, December 11th. They issued a "buy" rating and a $94.00 target price on the stock. Canaccord Genuity Group decreased their price target on shares of Life360 from $115.00 to $94.00 and set a "buy" rating on the stock in a research note on Tuesday, March 3rd. Finally, Citigroup reissued a "buy" rating on shares of Life360 in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $83.31.
View Our Latest Research Report on LIF
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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