Key Points
- Director John Philip Coghlan sold 4,000 shares on April 1 at an average price of $41.32 for a total of $165,280, trimming his stake by 9.89% to 36,431 shares; the trade was disclosed in an SEC filing and executed under a Rule 10b5-1 plan.
- Life360 stock opened at $40.43 (52-week range $29.62–$112.54) with 50-day/200-day SMAs of $48.17 and $69.71, a market cap of about $3.24B and a P/E of 23.1, reflecting recent weakness versus longer-term averages.
- Analyst coverage is mixed but averages a Moderate Buy with a $76.56 consensus target after recent price cuts from UBS, Canaccord and DA Davidson, while institutional investors own roughly 20% of the company with modest recent inflows.
Life360, Inc. (NASDAQ:LIF - Get Free Report) Director John Philip Coghlan sold 4,000 shares of the company's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $41.32, for a total transaction of $165,280.00. Following the sale, the director directly owned 36,431 shares in the company, valued at $1,505,328.92. This trade represents a 9.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Life360 Price Performance
Life360 stock opened at $40.43 on Friday. Life360, Inc. has a 52 week low of $29.62 and a 52 week high of $112.54. The business has a 50-day simple moving average of $48.17 and a 200 day simple moving average of $69.71. 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 stock has a market cap of $3.24 billion, a price-to-earnings ratio of 23.10 and a beta of 3.90.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of LIF. Strive Financial Group LLC bought a new position in Life360 during the 4th quarter valued at approximately $26,000. SBI Securities Co. Ltd. grew its position in shares of 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. MCF Advisors LLC bought a new stake in shares of Life360 in the 4th quarter worth approximately $32,000. NewEdge Advisors LLC purchased a new position in shares of Life360 during the third quarter valued at approximately $32,000. Finally, CWM LLC increased its stake in shares of Life360 by 71.4% during the third quarter. CWM LLC now owns 384 shares of the company's stock valued at $41,000 after buying an additional 160 shares during the period. Hedge funds and other institutional investors own 20.00% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on LIF shares. UBS Group lowered their price objective on shares of Life360 from $110.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, March 3rd. Weiss Ratings reiterated a "hold (c-)" rating on shares of Life360 in a research report on Friday, March 27th. Canaccord Genuity Group reduced their target price on Life360 from $115.00 to $94.00 and set a "buy" rating on the stock in a research note on Tuesday, March 3rd. Citizens Jmp downgraded Life360 from a "market outperform" rating to a "market perform" rating in a research report on Monday, January 5th. Finally, DA Davidson lowered Life360 from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $70.00 to $40.00 in a research note on Thursday, March 19th. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $76.56.
Read Our Latest Analysis 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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