John Philip Coghlan Sells 4,000 Shares of Life360 (NASDAQ:LIF) Stock

Key Points

  • Director John Philip Coghlan sold 4,000 Life360 shares at an average price of $54.82, generating $219,280. The Rule 10b5-1 transaction reduced his direct holdings by 16.37% to 20,431 shares.
  • Life360 shares were trading at $61.45, down 3.9%, with a market capitalization of approximately $4.98 billion. The stock has a 52-week range of $37.01 to $112.54.
  • Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $64.81, although recent insider selling—including sales by three directors—could weigh on investor sentiment.

Life360, Inc. (NASDAQ:LIF - Get Free Report) Director John Philip Coghlan sold 4,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $54.82, for a total value of $219,280.00. Following the sale, the director directly owned 20,431 shares in the company, valued at $1,120,027.42. This trade represents a 16.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Philip Coghlan also recently made the following trade(s):

  • On Wednesday, July 1st, John Philip Coghlan sold 4,000 shares of Life360 stock. The stock was sold at an average price of $56.07, for a total value of $224,280.00.
  • On Monday, June 1st, John Philip Coghlan sold 4,000 shares of Life360 stock. The stock was sold at an average price of $43.99, for a total value of $175,960.00.

Life360 Trading Down 3.9%

Shares of NASDAQ LIF opened at $61.45 on Thursday. Life360, Inc. has a 1-year low of $37.01 and a 1-year high of $112.54. The business has a fifty day moving average price of $51.65 and a 200 day moving average price of $48.30. The stock has a market capitalization of $4.98 billion, a P/E ratio of 35.52 and a beta of 2.35. The company has a debt-to-equity ratio of 0.52, a current ratio of 5.37 and a quick ratio of 5.23.

Wall Street Analyst Weigh In




Several analysts have commented on LIF shares. Canaccord Genuity Group set a $72.00 price target on shares of Life360 in a research report on Tuesday, May 12th. DA Davidson lifted their price objective on shares of Life360 from $40.00 to $42.00 and gave the stock a "neutral" rating in a research report on Monday, June 22nd. Macquarie Infrastructure started coverage on shares of Life360 in a research note on Tuesday, April 28th. They set an "outperform" rating and a $32.20 price objective for the company. Citigroup increased their target price on shares of Life360 from $60.15 to $66.65 and gave the company a "buy" rating in a research report on Monday, July 6th. Finally, Morgan Stanley initiated coverage on shares of Life360 in a research note on Tuesday, July 21st. They issued an "overweight" rating and a $66.24 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $64.81.

Get Our Latest Stock Analysis on Life360

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Strive Financial Group LLC acquired a new stake in Life360 in the fourth quarter worth about $26,000. MCF Advisors LLC acquired a new position in shares of Life360 during the fourth quarter valued at about $32,000. NewEdge Advisors LLC purchased a new position in shares of Life360 in the 3rd quarter valued at approximately $32,000. IFP Advisors Inc purchased a new position in shares of Life360 in the 3rd quarter valued at approximately $47,000. Finally, Advisors Asset Management Inc. boosted its stake in Life360 by 136.6% in the 4th quarter. Advisors Asset Management Inc. now owns 899 shares of the company's stock worth $58,000 after purchasing an additional 519 shares in the last quarter. 20.00% of the stock is owned by institutional investors and hedge funds.

Life360 News Summary

Here are the key news stories impacting Life360 this week:

  • Positive Sentiment: Analyst commentary remains optimistic. Macquarie reportedly sees additional upside for Life360, while broader coverage assigns the company a consensus “Moderate Buy” rating. How high does Macquarie think Life360 shares will go? Life360 receives consensus Moderate Buy recommendation
  • Positive Sentiment: A recent investment article argues that Life360 could be a strong buy this month, reflecting continued confidence in the company’s growth prospects and recurring subscription model. Why Life360 shares could be a strong buy this month
  • Neutral Sentiment: Investors are also considering whether Life360 remains attractive alongside other technology stocks such as Xero. The discussion highlights potential upside but also reinforces the need to assess valuation and execution risk. Should you buy Life360 and Xero shares in August?
  • Negative Sentiment: Three directors sold a combined 41,701 shares for approximately $2.57 million. Chris Hulls sold 27,000 shares, Brit Morin sold 10,701, and John Philip Coghlan sold 4,000. Each transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, but the insider selling may still weigh on sentiment.

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.

Recommended Stories

Insider Buying and Selling by Quarter for Life360 (NASDAQ:LIF)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Life360?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Life360 and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles