Life360, Inc. (NASDAQ:LIF - Get Free Report) CFO Russell John Burke sold 3,104 shares of the company's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $39.35, for a total value of $122,142.40. Following the completion of the sale, the chief financial officer now owns 181,857 shares of the company's stock, valued at $7,156,072.95. This represents a 1.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Russell John Burke also recently made the following trade(s):
- On Monday, March 10th, Russell John Burke sold 3,104 shares of Life360 stock. The shares were sold at an average price of $42.51, for a total transaction of $131,951.04.
- On Monday, February 24th, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $43.60, for a total transaction of $135,334.40.
- On Monday, February 10th, Russell John Burke sold 3,104 shares of Life360 stock. The shares were sold at an average price of $44.94, for a total transaction of $139,493.76.
- On Friday, January 24th, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $46.78, for a total value of $145,205.12.
- On Friday, January 10th, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $42.74, for a total value of $132,664.96.
Life360 Stock Performance
LIF traded down $0.32 during trading hours on Friday, hitting $38.63. 402,843 shares of the company's stock were exchanged, compared to its average volume of 365,505. Life360, Inc. has a 1-year low of $26.00 and a 1-year high of $52.77. The stock's 50-day moving average is $43.55 and its two-hundred day moving average is $42.95.
Life360 (NASDAQ:LIF - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.08). The business had revenue of $115.53 million for the quarter, compared to analyst estimates of $114.39 million. Life360 had a negative return on equity of 4.03% and a negative net margin of 4.72%. Research analysts forecast that Life360, Inc. will post -0.17 EPS for the current fiscal year.
Institutional Investors Weigh In On Life360
A number of institutional investors and hedge funds have recently made changes to their positions in LIF. New York State Common Retirement Fund bought a new position in Life360 during the fourth quarter worth about $25,000. Summit Investment Advisors Inc. lifted its position in shares of Life360 by 82.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,072 shares of the company's stock valued at $44,000 after buying an additional 484 shares during the last quarter. BNP Paribas Financial Markets bought a new position in shares of Life360 during the 3rd quarter worth approximately $98,000. MetLife Investment Management LLC bought a new position in shares of Life360 during the 3rd quarter worth approximately $139,000. Finally, KBC Group NV acquired a new position in shares of Life360 during the 4th quarter worth approximately $147,000. Institutional investors own 20.00% of the company's stock.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on LIF shares. UBS Group raised Life360 from a "neutral" rating to a "buy" rating and increased their target price for the stock from $52.00 to $55.00 in a research note on Friday, January 17th. Canaccord Genuity Group increased their price objective on shares of Life360 from $54.00 to $58.00 and gave the stock a "buy" rating in a research report on Monday, December 2nd. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $47.63.
Get Our Latest Analysis on Life360
About Life360
(
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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