Lauren Antonoff Sells 4,546 Shares of Life360, Inc. (NASDAQ:LIF) Stock

Life360, Inc. (NASDAQ:LIF - Get Free Report) COO Lauren Antonoff sold 4,546 shares of the company's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $38.64, for a total value of $175,657.44. Following the transaction, the chief operating officer now directly owns 317,802 shares in the company, valued at $12,279,869.28. The trade was a 1.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Lauren Antonoff also recently made the following trade(s):

• On Thursday, March 6th, Lauren Antonoff sold 13,106 shares of Life360 stock. The shares were sold at an average price of $42.08, for a total transaction of $551,500.48.
• On Tuesday, February 25th, Lauren Antonoff sold 14,091 shares of Life360 stock. The shares were sold at an average price of $42.17, for a total transaction of $594,217.47.

Life360 Stock Performance

Shares of NASDAQ:LIF traded down $0.32 on Friday, hitting $38.63. 402,843 shares of the company were exchanged, compared to its average volume of 365,505. The company's 50 day moving average price is $43.55 and its two-hundred day moving average price is $42.95. Life360, Inc. has a one year low of $26.00 and a one year high of $52.77.

Life360 (NASDAQ:LIF - Get 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 net margin of 4.72% and a negative return on equity of 4.03%. The firm had revenue of $115.53 million during the quarter, compared to analyst estimates of $114.39 million. Equities research analysts anticipate that Life360, Inc. will post -0.17 earnings per share for the current year.

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Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LIF. Canaccord Genuity Group upped their price target on shares of Life360 from $54.00 to $58.00 and gave the stock a "buy" rating in a research note on Monday, December 2nd. UBS Group raised shares of Life360 from a "neutral" rating to a "buy" rating and boosted 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 issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $47.63.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. New York State Common Retirement Fund bought a new position in shares of Life360 during the 4th quarter worth approximately $25,000. Summit Investment Advisors Inc. grew its holdings in shares of 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. BNP Paribas Financial Markets acquired a new stake in shares of Life360 in the third quarter valued at $98,000. MetLife Investment Management LLC bought a new stake in Life360 during the 3rd quarter worth about $139,000. Finally, KBC Group NV bought a new stake in Life360 during the 4th quarter worth about $147,000. 20.00% of the stock is owned by institutional investors.

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.