Life360, Inc. (NASDAQ:LIF - Get Free Report) CEO Lauren Antonoff sold 2,716 shares of the business's stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $45.23, for a total transaction of $122,844.68. Following the completion of the sale, the chief executive officer owned 309,781 shares in the company, valued at $14,011,394.63. This represents a 0.87% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Lauren Antonoff also recently made the following trade(s):
- On Friday, March 6th, Lauren Antonoff sold 17,153 shares of Life360 stock. The shares were sold at an average price of $44.86, for a total transaction of $769,483.58.
Life360 Stock Down 0.2%
Shares of LIF opened at $48.63 on Tuesday. The company has a market capitalization of $3.92 billion, a P/E ratio of 27.79 and a beta of 3.90. The company has a debt-to-equity ratio of 0.57, a current ratio of 6.26 and a quick ratio of 6.16. Life360, Inc. has a one year low of $35.62 and a one year high of $112.54. The business's 50 day simple moving average is $44.75 and its 200-day simple moving average is $64.54.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. SBI Securities Co. Ltd. boosted its position in Life360 by 824.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 268 shares of the company's stock valued at $28,000 after buying an additional 239 shares during the last quarter. NewEdge Advisors LLC bought a new position in Life360 in the 3rd quarter valued at $32,000. CWM LLC boosted its position 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. Strive Financial Group LLC bought a new position in Life360 in the 4th quarter valued at $26,000. Finally, IFP Advisors Inc acquired a new position in Life360 during the 3rd quarter valued at about $47,000. 20.00% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research analysts have recently commented on the company. Wall Street Zen downgraded Life360 from a "buy" rating to a "hold" rating in a report on Sunday, March 8th. Citigroup reduced their price target on shares of Life360 from $68.50 to $68.30 and set a "buy" rating on the stock in a research report on Thursday, April 9th. Stifel Nicolaus reduced their price target on shares of Life360 from $92.00 to $76.00 and set a "hold" rating on the stock in a research report on Tuesday, January 27th. Citizens Jmp downgraded shares of Life360 from a "market outperform" rating to a "market perform" rating in a research report on Monday, January 5th. Finally, DA Davidson downgraded shares of Life360 from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $70.00 to $40.00 in a research report on Thursday, March 19th. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Life360 presently has an average rating of "Moderate Buy" and a consensus price target of $75.16.
Get Our Latest Stock Analysis 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.
Further Reading
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