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

Life360, Inc. (NASDAQ:LIF - Get Free Report) General Counsel Susan L. Stick sold 500 shares of the business's stock in a transaction dated Friday, April 11th. The stock was sold at an average price of $33.73, for a total transaction of $16,865.00. Following the completion of the sale, the general counsel now directly owns 112,309 shares of the company's stock, valued at $3,788,182.57. The trade was a 0.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Life360 Stock Up 3.0 %

Shares of Life360 stock traded up $1.09 on Friday, reaching $37.39. 399,955 shares of the company were exchanged, compared to its average volume of 380,171. Life360, Inc. has a 1-year low of $26.00 and a 1-year high of $52.77. The company's 50-day moving average is $40.15 and its two-hundred day moving average is $42.77.

Life360 (NASDAQ:LIF - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported $0.10 earnings per share 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 company had revenue of $115.53 million during the quarter, compared to analyst estimates of $114.39 million. Equities research analysts forecast that Life360, Inc. will post -0.17 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded Life360 from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $52.00 to $55.00 in a research report on Friday, January 17th. Seven investment 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 company has an average rating of "Buy" and a consensus price target of $47.63.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LIF. Rhumbline Advisers increased its stake in shares of Life360 by 28.2% in the first quarter. Rhumbline Advisers now owns 16,217 shares of the company's stock valued at $623,000 after purchasing an additional 3,566 shares during the period. GAMMA Investing LLC increased its position in Life360 by 2,938.9% in the 1st quarter. GAMMA Investing LLC now owns 2,188 shares of the company's stock valued at $84,000 after acquiring an additional 2,116 shares during the period. California State Teachers Retirement System raised its stake in Life360 by 14,425.5% during the 4th quarter. California State Teachers Retirement System now owns 61,443 shares of the company's stock valued at $2,536,000 after acquiring an additional 61,020 shares in the last quarter. JT Stratford LLC acquired a new position in Life360 during the 4th quarter worth $231,000. Finally, Monograph Wealth Advisors LLC grew its stake in shares of Life360 by 56.1% in the fourth quarter. Monograph Wealth Advisors LLC now owns 101,234 shares of the company's stock worth $4,178,000 after purchasing an additional 36,400 shares in the last quarter. 20.00% of the stock is owned by institutional investors and hedge funds.

Life360 Company Profile

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.