Key Points
- Director Charles Prober sold 7,930 shares on April 13 at an average price of $37.27 under a pre-arranged Rule 10b5-1 plan, reducing his stake by about 6.99% and realizing roughly $295,551 while still holding 105,456 shares (~$3.93M).
- Analyst sentiment is mixed: the consensus rating is a “Moderate Buy” with a consensus target of $75.16, but several firms have recently cut targets and ratings (e.g., UBS $110→$75; DA Davidson cut to neutral with a $40 target).
- Market and valuation context: LIF opened at $42.59, has a market cap of $3.42B, a 50-/200-day SMA of $45.13/$66.07, a one‑year range of $35.58–$112.54 and a high beta (3.90), indicating notable price volatility.
Life360, Inc. (NASDAQ:LIF - Get Free Report) Director Charles Prober sold 7,930 shares of the company's stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $37.27, for a total value of $295,551.10. Following the transaction, the director directly owned 105,456 shares of the company's stock, valued at approximately $3,930,345.12. This represents a 6.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Life360 Trading Up 7.1%
NASDAQ:LIF opened at $42.59 on Thursday. The stock has a 50-day simple moving average of $45.13 and a 200-day simple moving average of $66.07. The stock has a market cap of $3.42 billion, a P/E ratio of 24.34 and a beta of 3.90. Life360, Inc. has a 1 year low of $35.58 and a 1 year high of $112.54. The company has a debt-to-equity ratio of 0.57, a quick ratio of 6.16 and a current ratio of 6.26.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on LIF shares. UBS Group lowered their price objective on Life360 from $110.00 to $75.00 and set a "buy" rating for the company in a research report on Tuesday, March 3rd. DA Davidson cut Life360 from a "buy" rating to a "neutral" rating and decreased their target price for the company from $70.00 to $40.00 in a research report on Thursday, March 19th. Canaccord Genuity Group decreased their target price on Life360 from $115.00 to $94.00 and set a "buy" rating for the company in a research report on Tuesday, March 3rd. Citizens Jmp cut Life360 from a "market outperform" rating to a "market perform" rating in a research report on Monday, January 5th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Life360 in a research report on Friday, March 27th. Five investment 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 has an average rating of "Moderate Buy" and a consensus target price of $75.16.
Read Our Latest Analysis on LIF
Institutional Trading of Life360
A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Life360 by 18.0% in the 3rd quarter. Vanguard Group Inc. now owns 8,271,920 shares of the company's stock valued at $879,305,000 after purchasing an additional 1,260,236 shares during the period. Geode Capital Management LLC boosted its position in shares of Life360 by 8.0% in the 4th quarter. Geode Capital Management LLC now owns 1,153,096 shares of the company's stock valued at $74,372,000 after purchasing an additional 85,857 shares during the period. State Street Corp raised its stake in Life360 by 17.3% during the 4th quarter. State Street Corp now owns 905,153 shares of the company's stock valued at $58,057,000 after acquiring an additional 133,722 shares during the last quarter. Franklin Resources Inc. raised its stake in Life360 by 86.3% during the 3rd quarter. Franklin Resources Inc. now owns 760,122 shares of the company's stock valued at $80,801,000 after acquiring an additional 352,110 shares during the last quarter. Finally, Citigroup Inc. raised its stake in Life360 by 158.4% during the 3rd quarter. Citigroup Inc. now owns 749,569 shares of the company's stock valued at $79,679,000 after acquiring an additional 459,463 shares during the last quarter. 20.00% of the stock is owned by institutional investors and hedge funds.
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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