Life360, Inc. (NASDAQ:LIF) COO Lauren Antonoff Sells 13,106 Shares

Life360, Inc. (NASDAQ:LIF) COO Lauren Antonoff sold 13,106 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $42.08, for a total value of $551,500.48. Following the completion of the transaction, the chief operating officer now directly owns 280,663 shares of the company’s stock, valued at $11,810,299.04. This trade represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Lauren Antonoff also recently made the following trade(s):

• On Tuesday, February 25th, Lauren Antonoff sold 14,091 shares of Life360 stock. The shares were sold at an average price of $42.17, for a total value of $594,217.47.

Life360 Price Performance

Shares of NASDAQ LIF opened at $40.63 on Thursday. Life360, Inc. has a twelve month low of $26.00 and a twelve month high of $52.76. The firm has a 50-day moving average of $44.02 and a two-hundred day moving average of $42.75.

Life360 (NASDAQ:LIF) last released its earnings results 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 during the quarter, compared to the consensus estimate of $114.39 million. Life360 had a negative return on equity of 4.03% and a negative net margin of 4.72%. Equities analysts predict that Life360, Inc. will post -0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Life360

A number of institutional investors and hedge funds have recently modified their holdings of LIF. New York State Common Retirement Fund acquired a new position in shares of Life360 in the 4th quarter worth $25,000. Summit Investment Advisors Inc. lifted its holdings in shares of Life360 by 82.3% during the fourth quarter. Summit Investment Advisors 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. BNP Paribas Financial Markets acquired a new position in shares of Life360 in the 3rd quarter valued at $98,000. MetLife Investment Management LLC purchased a new position in Life360 in the 3rd quarter worth about $139,000. Finally, KBC Group NV acquired a new stake in Life360 during the 4th quarter worth about $147,000. Institutional investors and hedge funds own 20.00% of the company’s stock.

Analyst Ratings Changes

LIF has been the topic of a number of research analyst reports. UBS Group raised Life360 from a “neutral” rating to a “buy” rating and raised their price target for the company from $52.00 to $55.00 in a report on Friday, January 17th. JMP Securities raised their target price on shares of Life360 from $40.00 to $55.00 and gave the company a “market outperform” rating in a research note on Thursday, November 14th. Finally, Canaccord Genuity Group upped their price target on shares of Life360 from $54.00 to $58.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Seven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Life360 presently has an average rating of “Buy” and a consensus price target of $47.63.

About Life360

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.