Key Points
- Director Chris Hulls sold 15,133 shares on March 19 at an average price of $39.43 for about $596,694, trimming his stake by 4.33% to 334,319 shares (≈$13.18M).
- Shares opened at $41.16 and were up ~3.3%; the company has a market cap of $3.30 billion, a P/E of 23.52, a 12‑month range of $29.62–$112.54, and is trading below its 50‑ and 200‑day moving averages ($51.47 and $73.01).
- Analysts are split (five Buy, five Hold) with an average rating of “Moderate Buy” and an average price target of $76.56, while institutional investors own about 20% of the stock.
Life360, Inc. (NASDAQ:LIF - Get Free Report) Director Chris Hulls sold 15,133 shares of the company's stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $39.43, for a total transaction of $596,694.19. Following the transaction, the director owned 334,319 shares in the company, valued at approximately $13,182,198.17. This trade represents a 4.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Life360 Stock Up 3.3%
Shares of NASDAQ:LIF opened at $41.16 on Tuesday. The company has a quick ratio of 6.16, a current ratio of 6.26 and a debt-to-equity ratio of 0.57. The firm has a market cap of $3.30 billion, a P/E ratio of 23.52 and a beta of 3.84. Life360, Inc. has a 12 month low of $29.62 and a 12 month high of $112.54. The company's 50-day moving average price is $51.47 and its two-hundred day moving average price is $73.01.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Strive Financial Group LLC acquired a new stake in shares of Life360 during the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. raised its stake in shares of Life360 by 824.1% during the third 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. MCF Advisors LLC acquired a new position in Life360 in the fourth quarter valued at approximately $32,000. NewEdge Advisors LLC acquired a new position in Life360 in the third quarter valued at approximately $32,000. Finally, CWM LLC boosted 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 acquiring an additional 160 shares during the last quarter. Institutional investors own 20.00% of the company's stock.
Analyst Upgrades and Downgrades
LIF has been the topic of several research analyst reports. Stifel Nicolaus decreased their price target on shares of Life360 from $92.00 to $76.00 and set a "hold" rating on the stock in a research note on Tuesday, January 27th. Weiss Ratings restated a "hold (c-)" rating on shares of Life360 in a research report on Monday, December 29th. Citigroup reaffirmed a "buy" rating on shares of Life360 in a report on Tuesday, January 27th. UBS Group decreased their price objective on Life360 from $110.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, March 3rd. Finally, Citizens Jmp cut Life360 from a "market outperform" rating to a "market perform" rating in a research note on Monday, January 5th. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $76.56.
Get Our Latest Analysis on Life360
About Life360
(
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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