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

Life360, Inc. (NASDAQ:LIF - Get Free Report) COO Lauren Antonoff sold 4,546 shares of the stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $62.23, for a total transaction of $282,897.58. Following the completion of the transaction, the chief operating officer now directly owns 335,678 shares in the company, valued at $20,889,241.94. This trade represents a 1.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 value of $176,293.88.
• On Friday, March 28th, Lauren Antonoff sold 5,500 shares of Life360 stock. The shares were sold at an average price of $38.38, for a total value 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 value of $175,657.44.
• On Thursday, March 6th, Lauren Antonoff sold 13,106 shares of Life360 stock. The shares were sold at an average price of $42.08, for a total value of $551,500.48.

Life360 Stock Performance

LIF traded up $1.74 during trading on Tuesday, hitting $62.85. The stock had a trading volume of 1,485,710 shares, compared to its average volume of 442,038. The firm has a market capitalization of $4.81 billion and a P/E ratio of 698.33. Life360, Inc. has a twelve month low of $26.00 and a twelve month high of $65.19. The company's 50-day moving average price is $45.56 and its 200 day moving average price is $44.39.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on LIF. Stifel Nicolaus cut their target price on shares of Life360 from $52.00 to $48.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. UBS Group lifted their price objective 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 upped their target price on shares of Life360 from $52.00 to $58.00 and gave the company a "buy" rating in a report on Tuesday, May 13th. Finally, Canaccord Genuity Group increased their target price on shares of Life360 from $58.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, May 20th. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $51.00.

Hedge Funds Weigh In On Life360

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. New York State Common Retirement Fund purchased a new stake in shares of Life360 in the fourth quarter valued at approximately $25,000. Summit Investment Advisors Inc. lifted its holdings in Life360 by 82.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,072 shares of the company's stock valued at $44,000 after acquiring an additional 484 shares during the period. GAMMA Investing LLC boosted its position in shares of Life360 by 2,938.9% during the 1st quarter. GAMMA Investing LLC now owns 2,188 shares of the company's stock worth $84,000 after purchasing an additional 2,116 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Life360 by 937.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 2,189 shares of the company's stock worth $84,000 after purchasing an additional 1,978 shares during the period. Finally, KBC Group NV acquired a new position in shares of Life360 during the 4th quarter worth $147,000. Institutional investors and hedge funds own 20.00% of the company's stock.

Life360 Company Profile

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.