8,132 Shares in Life360, Inc. (NASDAQ:LIF) Bought by Barclays PLC

Barclays PLC bought a new position in Life360, Inc. (NASDAQ:LIF - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 8,132 shares of the company's stock, valued at approximately $320,000.

Other institutional investors have also recently made changes to their positions in the company. Hodges Capital Management Inc. bought a new position in shares of Life360 in the 3rd quarter worth approximately $3,876,000. FMR LLC raised its position in shares of Life360 by 6.1% in the 3rd quarter. FMR LLC now owns 1,520,135 shares of the company's stock worth $59,817,000 after acquiring an additional 86,917 shares in the last quarter. State Street Corp bought a new position in shares of Life360 in the 3rd quarter worth approximately $2,393,000. The Manufacturers Life Insurance Company bought a new position in shares of Life360 in the 3rd quarter worth approximately $675,000. Finally, Charles Schwab Investment Management Inc. purchased a new stake in shares of Life360 in the 3rd quarter worth approximately $547,000. Institutional investors own 20.00% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LIF. Stifel Nicolaus upped their price target on Life360 from $40.00 to $50.00 and gave the stock a "buy" rating in a research note on Monday, October 28th. JMP Securities upped their price target on Life360 from $40.00 to $55.00 and gave the stock a "market outperform" rating in a research note on Thursday, November 14th. UBS Group upgraded Life360 from a "neutral" rating to a "buy" rating and upped their price target for the stock from $52.00 to $55.00 in a research note on Friday. Finally, Canaccord Genuity Group upped their price target on Life360 from $54.00 to $58.00 and gave the stock a "buy" rating in a research note on Monday, December 2nd. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $47.63.

Life360 Stock Performance

LIF traded up $2.80 during trading on Monday, hitting $43.37. 218,400 shares of the company's stock traded hands, compared to its average volume of 271,953. The company's 50 day simple moving average is $43.92 and its two-hundred day simple moving average is $39.94. Life360, Inc. has a 12-month low of $26.00 and a 12-month high of $52.76.

Insider Buying and Selling at Life360

In other news, Director Mark Goines sold 50,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $40.70, for a total transaction of $2,035,000.00. Following the transaction, the director now directly owns 76,272 shares of the company's stock, valued at $3,104,270.40. This represents a 39.60 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Chris Hulls sold 556,569 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $41.02, for a total value of $22,830,460.38. Following the transaction, the chief executive officer now directly owns 952,696 shares in the company, valued at $39,079,589.92. The trade was a 36.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 635,881 shares of company stock worth $26,117,045.

About Life360

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.