Life360, Inc. (NASDAQ:LIF - Get Free Report) CFO Russell John Burke sold 3,104 shares of Life360 stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $44.94, for a total value of $139,493.76. Following the sale, the chief financial officer now directly owns 145,650 shares in the company, valued at $6,545,511. The trade was a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Russell John Burke also recently made the following trade(s):
- On Friday, January 24th, Russell John Burke sold 3,104 shares of Life360 stock. The shares were 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 shares were sold at an average price of $42.74, for a total value of $132,664.96.
- On Monday, December 23rd, Russell John Burke sold 3,104 shares of Life360 stock. The shares were sold at an average price of $41.41, for a total value of $128,536.64.
- On Tuesday, December 10th, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $43.97, for a total value of $136,482.88.
Life360 Stock Performance
Shares of NASDAQ:LIF traded up $0.06 during trading on Friday, hitting $46.46. The company's stock had a trading volume of 171,899 shares, compared to its average volume of 217,620. The business has a 50 day moving average price of $43.66 and a two-hundred day moving average price of $41.68. Life360, Inc. has a fifty-two week low of $26.00 and a fifty-two week high of $52.76.
Institutional Investors Weigh In On Life360
Institutional investors and hedge funds have recently made changes to their positions in the business. WealthPlan Investment Management LLC grew its holdings in Life360 by 2.5% during the 4th quarter. WealthPlan Investment Management LLC now owns 9,992 shares of the company's stock worth $412,000 after acquiring an additional 247 shares in the last quarter. Ameritas Investment Partners Inc. lifted its position in Life360 by 82.3% in the 4th quarter. Ameritas Investment Partners Inc. now owns 1,072 shares of the company's stock valued at $44,000 after purchasing an additional 484 shares during the last quarter. New York State Common Retirement Fund bought a new stake in Life360 in the 4th quarter valued at about $25,000. Emerald Mutual Fund Advisers Trust raised its position in shares of Life360 by 0.4% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 170,182 shares of the company's stock worth $6,697,000 after buying an additional 736 shares in the last quarter. Finally, Corebridge Financial Inc. raised its position in shares of Life360 by 64.0% during the 4th quarter. Corebridge Financial Inc. now owns 5,092 shares of the company's stock worth $210,000 after buying an additional 1,987 shares in the last quarter. 20.00% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on LIF shares. Canaccord Genuity Group upped their price objective on Life360 from $54.00 to $58.00 and gave the stock a "buy" rating in a report on Monday, December 2nd. Stifel Nicolaus increased their target price on Life360 from $40.00 to $50.00 and gave the company a "buy" rating in a research note on Monday, October 28th. UBS Group upgraded Life360 from a "neutral" rating to a "buy" rating and raised their price target for the stock from $52.00 to $55.00 in a research note on Friday, January 17th. Finally, JMP Securities lifted their target price on Life360 from $40.00 to $55.00 and gave the company a "market outperform" rating in a research report on Thursday, November 14th. Seven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Life360 currently has a consensus rating of "Buy" and an average target price of $47.63.
Check Out Our Latest Stock Report on LIF
Life360 Company Profile
(
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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