Life360 (NASDAQ:LIF - Free Report) had its price objective hoisted by JMP Securities from $40.00 to $55.00 in a research report report published on Thursday morning,Benzinga reports. They currently have a market outperform rating on the stock.
Other equities research analysts also recently issued research reports about the stock. Jefferies Financial Group started coverage on shares of Life360 in a research note on Friday, August 9th. They set a "buy" rating and a $43.00 price target on the stock. Stifel Nicolaus boosted their target price on shares of Life360 from $40.00 to $50.00 and gave the stock a "buy" rating in a research report on Monday, October 28th. Loop Capital boosted their target price on shares of Life360 from $36.00 to $43.00 and gave the stock a "buy" rating in a research report on Wednesday, August 21st. Finally, UBS Group boosted their price objective on shares of Life360 from $35.00 to $50.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $44.75.
View Our Latest Stock Report on LIF
Life360 Trading Down 0.2 %
Shares of NASDAQ:LIF traded down $0.08 during midday trading on Thursday, hitting $44.07. 170,161 shares of the company's stock traded hands, compared to its average volume of 251,594. The firm has a fifty day moving average price of $41.02. Life360 has a twelve month low of $26.00 and a twelve month high of $48.90.
Insider Activity at Life360
In other news, Director James Synge sold 3,471 shares of the company's stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $37.34, for a total value of $129,607.14. Following the completion of the sale, the director now directly owns 67,102 shares of the company's stock, valued at approximately $2,505,588.68. This represents a 4.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director James Synge sold 3,471 shares of the business's stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $37.34, for a total value of $129,607.14. Following the sale, the director now directly owns 67,102 shares in the company, valued at $2,505,588.68. The trade was a 4.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Charles J. Prober sold 40,000 shares of the business's stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $32.45, for a total transaction of $1,298,000.00. Following the completion of the sale, the director now owns 106,742 shares in the company, valued at $3,463,777.90. The trade was a 27.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 77,088 shares of company stock valued at $2,672,781 in the last quarter.
Institutional Investors Weigh In On Life360
A number of large investors have recently made changes to their positions in the company. FMR LLC increased its stake in Life360 by 6.1% in the 3rd quarter. FMR LLC now owns 1,520,135 shares of the company's stock valued at $59,817,000 after buying an additional 86,917 shares during the period. Wealthstream Advisors Inc. bought a new stake in shares of Life360 during the 3rd quarter worth $35,538,000. Regal Partners Ltd bought a new stake in shares of Life360 during the 2nd quarter worth $23,635,000. Millennium Management LLC bought a new stake in Life360 in the 2nd quarter valued at $11,861,000. Finally, Ghisallo Capital Management LLC bought a new stake in Life360 in the 2nd quarter valued at $8,098,000.
About Life360
(
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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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