Wilson Asset Management International PTY Ltd. Acquires 26,028 Shares of Life360, Inc. $LIF

Key Points

• Wilson Asset Management boosted its stake in Life360 by 108.6% in Q4, acquiring 26,028 shares to hold 50,000 shares worth about $3.21 million (≈0.06% of the company).
• Other large funds also increased positions—Vanguard now owns 8,271,920 shares (≈$879.3M) and Citigroup added 459,463 shares—leaving institutional ownership at roughly 20%.
• Analyst views are mixed but skew positive with a consensus rating of "Moderate Buy" and an average price target of $69.35, while insiders sold 67,037 shares (~$2.86M) in the past three months.

Wilson Asset Management International PTY Ltd. increased its holdings in Life360, Inc. (NASDAQ:LIF - Free Report) by 108.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,000 shares of the company's stock after acquiring an additional 26,028 shares during the period. Wilson Asset Management International PTY Ltd. owned about 0.06% of Life360 worth $3,207,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Citigroup Inc. grew its holdings in shares of Life360 by 158.4% in the third quarter. Citigroup Inc. now owns 749,569 shares of the company's stock valued at $79,679,000 after acquiring an additional 459,463 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Life360 by 18.0% in the third quarter. Vanguard Group Inc. now owns 8,271,920 shares of the company's stock valued at $879,305,000 after acquiring an additional 1,260,236 shares in the last quarter. Principal Financial Group Inc. bought a new position in shares of Life360 in the third quarter valued at approximately $5,762,000. Mizuho Markets Americas LLC bought a new position in shares of Life360 in the third quarter valued at approximately $12,015,000. Finally, Federated Hermes Inc. grew its holdings in shares of Life360 by 20.3% in the third quarter. Federated Hermes Inc. now owns 446,744 shares of the company's stock valued at $47,489,000 after acquiring an additional 75,283 shares in the last quarter. 20.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Stifel Nicolaus reduced their target price on Life360 from $92.00 to $76.00 and set a "hold" rating for the company in a report on Tuesday, January 27th. Wall Street Zen lowered Life360 from a "buy" rating to a "hold" rating in a report on Sunday, March 8th. DA Davidson lowered Life360 from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $70.00 to $40.00 in a report on Thursday, March 19th. Bank of America started coverage on Life360 in a report on Wednesday, April 22nd. They set a "buy" rating and a $60.00 price objective for the company. Finally, Canaccord Genuity Group reduced their price objective on Life360 from $115.00 to $94.00 and set a "buy" rating for the company in a report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $69.35.

Insider Transactions at Life360

In other Life360 news, Director Charles J. Prober sold 7,930 shares of the stock in a transaction on Monday, April 13th. The stock was sold at an average price of $37.27, for a total transaction of $295,551.10. Following the completion of the transaction, the director directly owned 105,456 shares of the company's stock, valued at approximately $3,930,345.12. This represents a 6.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Philip Coghlan sold 4,000 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $41.32, for a total value of $165,280.00. Following the transaction, the director directly owned 36,431 shares of the company's stock, valued at approximately $1,505,328.92. This trade represents a 9.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 67,037 shares of company stock valued at $2,859,432 in the last three months.

Life360 Price Performance

Shares of NASDAQ LIF opened at $44.52 on Wednesday. The stock has a fifty day simple moving average of $43.58 and a two-hundred day simple moving average of $60.71. Life360, Inc. has a 1-year low of $37.01 and a 1-year high of $112.54. The firm has a market cap of $3.59 billion, a price-to-earnings ratio of 25.44 and a beta of 2.81. The company has a current ratio of 6.26, a quick ratio of 6.16 and a debt-to-equity ratio of 0.57.

Life360 Company Profile

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.

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