Life360, Inc. (NASDAQ:LIF) General Counsel Susan L. Stick Sells 500 Shares of Stock

Life360, Inc. (NASDAQ:LIFGet Free Report) General Counsel Susan L. Stick sold 500 shares of the business’s stock in a transaction on Friday, April 11th. The shares were sold at an average price of $33.73, for a total value of $16,865.00. Following the completion of the sale, the general counsel now owns 112,309 shares in the company, valued at $3,788,182.57. This represents a 0.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Life360 Price Performance

Shares of Life360 stock opened at $37.02 on Wednesday. The business has a 50-day simple moving average of $40.63 and a 200-day simple moving average of $42.83. Life360, Inc. has a one year low of $26.00 and a one year high of $52.77.

Life360 (NASDAQ:LIFGet Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.08). Life360 had a negative return on equity of 4.03% and a negative net margin of 4.72%. The firm had revenue of $115.53 million for the quarter, compared to analyst estimates of $114.39 million. As a group, equities research analysts forecast that Life360, Inc. will post -0.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised shares of Life360 from a “neutral” rating to a “buy” rating and increased their price target for the stock from $52.00 to $55.00 in a research report on Friday, January 17th. Seven equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $47.63.

Check Out Our Latest Report on LIF

Institutional Trading of Life360

A number of hedge funds and other institutional investors have recently bought and sold shares of LIF. New York State Common Retirement Fund acquired a new position in shares of Life360 during the 4th quarter worth about $25,000. Summit Investment Advisors Inc. lifted its stake in Life360 by 82.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,072 shares of the company’s stock worth $44,000 after purchasing an additional 484 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Life360 by 2,938.9% in the first quarter. GAMMA Investing LLC now owns 2,188 shares of the company’s stock valued at $84,000 after purchasing an additional 2,116 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in Life360 in the third quarter valued at approximately $98,000. Finally, KBC Group NV acquired a new stake in Life360 during the fourth quarter worth approximately $147,000. 20.00% of the stock is currently owned by institutional investors and hedge funds.

Life360 Company Profile

(Get Free Report)

Life360 Inc is a family connection and safety company. Its business category includes mobile app and Tile tracking devices with a range of services, including location sharing, safe driver reports and crash detection with emergency dispatch. Life360 Inc is based in SAN FRANCISCO.

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

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