Life360, Inc. (NASDAQ:LIF – Get Free Report) CEO Lauren Antonoff sold 2,716 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $45.23, for a total transaction of $122,844.68. Following the completion of the sale, the chief executive officer owned 309,781 shares in the company, valued at approximately $14,011,394.63. The trade was a 0.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Lauren Antonoff also recently made the following trade(s):
- On Friday, March 6th, Lauren Antonoff sold 17,153 shares of Life360 stock. The stock was sold at an average price of $44.86, for a total transaction of $769,483.58.
Life360 Stock Down 0.2%
LIF stock opened at $48.63 on Tuesday. Life360, Inc. has a twelve month low of $35.62 and a twelve month high of $112.54. The company has a market cap of $3.92 billion, a PE ratio of 27.79 and a beta of 3.90. The business’s 50-day simple moving average is $44.75 and its 200 day simple moving average is $64.54. The company has a quick ratio of 6.16, a current ratio of 6.26 and a debt-to-equity ratio of 0.57.
Institutional Investors Weigh In On Life360
Wall Street Analyst Weigh In
A number of research firms recently weighed in on LIF. UBS Group decreased their target price on Life360 from $110.00 to $75.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Life360 in a research note on Friday, March 27th. Citizens Jmp downgraded shares of Life360 from a “market outperform” rating to a “market perform” rating in a research note on Monday, January 5th. Canaccord Genuity Group decreased their price target on shares of Life360 from $115.00 to $94.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Finally, Stifel Nicolaus decreased their price target on shares of Life360 from $92.00 to $76.00 and set a “hold” rating on the stock in a research note on Tuesday, January 27th. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Life360 presently has an average rating of “Moderate Buy” and a consensus target price of $75.16.
View Our Latest Stock Report on Life360
About Life360
Life360, Inc (NASDAQ: LIF) operates a location-based safety and communication platform designed to help families stay connected and secure. Through its flagship mobile application, Life360 offers real-time location sharing, check-in alerts and geofencing tools that enable users to monitor the whereabouts of family members or other trusted circles. The company’s services extend to emergency response features, including SOS alerts, 24/7 roadside assistance and crash detection capabilities powered by machine-learning algorithms, all aimed at enhancing user safety on the road and at home.
The Life360 platform is offered under a freemium model, with a basic no-cost tier providing essential location sharing and alerts.
Further Reading
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