Life360, Inc. (NASDAQ:LIF) Receives Average Recommendation of “Moderate Buy” from Analysts

Life360, Inc. (NASDAQ:LIF) has received a consensus rating of “Moderate Buy” from the nine brokerages that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $90.00.

Several equities analysts have commented on the company. Zacks Research downgraded Life360 from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th. Wall Street Zen upgraded shares of Life360 from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. UBS Group dropped their target price on shares of Life360 from $120.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, November 11th. Stifel Nicolaus cut shares of Life360 from a “buy” rating to a “hold” rating and set a $92.00 price target for the company. in a report on Friday, October 24th. Finally, Evercore ISI raised their price target on Life360 from $55.00 to $95.00 and gave the company an “outperform” rating in a research report on Tuesday, August 12th.

Insiders Place Their Bets

In other Life360 news, Director John Philip Coghlan sold 3,125 shares of Life360 stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $98.93, for a total value of $309,156.25. Following the transaction, the director directly owned 15,235 shares of the company’s stock, valued at $1,507,198.55. The trade was a 17.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Charles J. Prober sold 7,930 shares of the company’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $76.93, for a total value of $610,054.90. Following the transaction, the director owned 105,456 shares of the company’s stock, valued at approximately $8,112,730.08. This trade represents a 6.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 493,191 shares of company stock worth $39,132,745. Corporate insiders own 8.00% of the company’s stock.

Institutional Trading of Life360

Institutional investors and hedge funds have recently modified their holdings of the company. SBI Securities Co. Ltd. lifted its position in Life360 by 824.1% in the third quarter. SBI Securities Co. Ltd. now owns 268 shares of the company’s stock worth $28,000 after purchasing an additional 239 shares during the period. NewEdge Advisors LLC acquired a new position in shares of Life360 in the 3rd quarter valued at $32,000. CWM LLC lifted its holdings in shares of Life360 by 71.4% during the 3rd quarter. CWM LLC now owns 384 shares of the company’s stock worth $41,000 after acquiring an additional 160 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Life360 by 1,663.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 529 shares of the company’s stock valued at $55,000 after acquiring an additional 499 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in Life360 in the third quarter valued at about $80,000. 20.00% of the stock is currently owned by institutional investors.

Life360 Price Performance

NASDAQ LIF opened at $78.46 on Thursday. Life360 has a fifty-two week low of $29.62 and a fifty-two week high of $112.54. The stock’s 50-day moving average is $93.08 and its two-hundred day moving average is $80.35. The firm has a market cap of $6.15 billion, a P/E ratio of 230.76 and a beta of 3.41. The company has a debt-to-equity ratio of 0.79, a current ratio of 6.80 and a quick ratio of 6.62.

Life360 (NASDAQ:LIF) last issued its quarterly earnings data on Monday, November 10th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.08. Life360 had a return on equity of 7.95% and a net margin of 6.46%.The business had revenue of $124.50 million for the quarter, compared to analyst estimates of $119.26 million. Life360 has set its FY 2025 guidance at EPS. On average, analysts anticipate that Life360 will post -0.17 earnings per share for the current fiscal year.

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.