Lauren Antonoff Sells 4,546 Shares of Life360, Inc. (NASDAQ:LIF) Stock

Life360, Inc. (NASDAQ:LIF - Get Free Report) COO Lauren Antonoff sold 4,546 shares of the business's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $62.23, for a total transaction of $282,897.58. Following the completion of the sale, the chief operating officer now owns 335,678 shares in the company, valued at $20,889,241.94. This represents a 1.34% decrease in their ownership of the stock. The transaction 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 Thursday, April 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The stock was sold at an average price of $38.78, for a total transaction of $176,293.88.
• On Friday, March 28th, Lauren Antonoff sold 5,500 shares of Life360 stock. The stock was sold at an average price of $38.38, for a total transaction of $211,090.00.
• On Monday, March 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The stock was sold at an average price of $38.64, for a total transaction of $175,657.44.
• On Thursday, March 6th, Lauren Antonoff sold 13,106 shares of Life360 stock. The stock was sold at an average price of $42.08, for a total transaction of $551,500.48.

Life360 Trading Up 1.7%

Shares of NASDAQ LIF traded up $1.09 on Friday, reaching $64.13. 3,365,718 shares of the company traded hands, compared to its average volume of 430,169. Life360, Inc. has a fifty-two week low of $26.00 and a fifty-two week high of $65.19. The company has a 50 day moving average of $45.14 and a 200 day moving average of $44.26. The stock has a market capitalization of $4.91 billion and a PE ratio of 712.56.

Life360 (NASDAQ:LIF - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of ($0.04) by $0.09. Life360 had a negative net margin of 4.72% and a negative return on equity of 4.03%. The company had revenue of $103.62 million during the quarter, compared to the consensus estimate of $101.48 million. As a group, research analysts expect that Life360, Inc. will post -0.17 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in shares of Life360 by 295.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,054 shares of the company's stock valued at $514,000 after acquiring an additional 9,754 shares during the last quarter. Barclays PLC increased its stake in shares of Life360 by 280.6% during the 4th quarter. Barclays PLC now owns 30,952 shares of the company's stock valued at $1,278,000 after acquiring an additional 22,820 shares during the last quarter. Swiss National Bank acquired a new position in shares of Life360 during the 4th quarter valued at about $5,717,000. BNP Paribas Financial Markets increased its stake in shares of Life360 by 2,816.3% during the 4th quarter. BNP Paribas Financial Markets now owns 72,996 shares of the company's stock valued at $3,013,000 after acquiring an additional 70,493 shares during the last quarter. Finally, Hodges Capital Management Inc. grew its holdings in shares of Life360 by 18.3% during the 4th quarter. Hodges Capital Management Inc. now owns 116,493 shares of the company's stock worth $4,808,000 after purchasing an additional 18,000 shares during the period. Institutional investors and hedge funds own 20.00% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Canaccord Genuity Group boosted their target price on shares of Life360 from $58.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, May 20th. UBS Group boosted their target price on shares of Life360 from $55.00 to $57.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Loop Capital boosted their target price on shares of Life360 from $52.00 to $58.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Finally, Stifel Nicolaus cut their target price on shares of Life360 from $52.00 to $48.00 and set a "buy" rating for the company in a research note on Wednesday, April 23rd. 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 MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $51.00.

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.