Life360, Inc. (NASDAQ:LIF - Get Free Report) CFO Russell John Burke sold 3,104 shares of the company's stock in a transaction that occurred on Thursday, April 10th. The shares were sold at an average price of $34.39, for a total transaction of $106,746.56. Following the completion of the transaction, the chief financial officer now owns 208,395 shares of the company's stock, valued at $7,166,704.05. This trade represents a 1.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Russell John Burke also recently made the following trade(s):
- On Monday, March 24th, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $39.35, for a total transaction of $122,142.40.
- On Monday, March 10th, Russell John Burke sold 3,104 shares of Life360 stock. The shares were sold at an average price of $42.51, for a total value of $131,951.04.
- On Monday, February 24th, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $43.60, for a total transaction of $135,334.40.
- On Monday, February 10th, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $44.94, for a total transaction of $139,493.76.
- 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 transaction of $145,205.12.
Life360 Price Performance
Shares of LIF opened at $34.94 on Friday. The firm has a 50-day moving average of $40.95 and a 200-day moving average of $42.87. Life360, Inc. has a one year low of $26.00 and a one year high of $52.77.
Life360 (NASDAQ:LIF - Get Free Report) last posted its quarterly 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 for 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%. As a group, analysts expect that Life360, Inc. will post -0.17 EPS for the current year.
Analyst Ratings Changes
Separately, UBS Group upgraded Life360 from a "neutral" rating to a "buy" rating and raised their price objective for the company from $52.00 to $55.00 in a report on Friday, January 17th. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $47.63.
Get Our Latest Research Report on LIF
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. bought a new position in Life360 during the third quarter worth $547,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Life360 during the 3rd quarter worth about $675,000. BNP Paribas Financial Markets bought a new stake in shares of Life360 during the 3rd quarter worth about $98,000. State Street Corp acquired a new position in Life360 in the 3rd quarter valued at about $2,393,000. Finally, Jane Street Group LLC raised its holdings in Life360 by 35.2% in the 3rd quarter. Jane Street Group LLC now owns 123,507 shares of the company's stock valued at $4,860,000 after acquiring an additional 32,182 shares during the period. 20.00% of the stock is owned by institutional investors and hedge funds.
About Life360
(
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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