Life360, Inc. (NASDAQ:LIF) General Counsel Susan L. Stick Sells 500 Shares

Life360, Inc. (NASDAQ:LIF - Get Free Report) General Counsel Susan L. Stick sold 500 shares of Life360 stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $39.00, for a total transaction of $19,500.00. Following the completion of the transaction, the general counsel now directly owns 111,809 shares in the company, valued at $4,360,551. This represents a 0.45 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Life360 Trading Up 3.0 %

NASDAQ:LIF traded up $1.31 on Friday, hitting $44.63. 181,303 shares of the company's stock traded hands, compared to its average volume of 380,078. The firm has a 50-day moving average price of $39.07 and a 200-day moving average price of $42.66. Life360, Inc. has a 1 year low of $26.00 and a 1 year high of $52.77.

Life360 (NASDAQ:LIF - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.08). Life360 had a negative net margin of 4.72% and a negative return on equity of 4.03%. The company had revenue of $115.53 million during the quarter, compared to analyst estimates of $114.39 million. As a group, equities research analysts forecast that Life360, Inc. will post -0.17 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LIF. UBS Group raised Life360 from a "neutral" rating to a "buy" rating and upped their target price for the company from $52.00 to $55.00 in a report on Friday, January 17th. Stifel Nicolaus dropped their target price on shares of Life360 from $52.00 to $48.00 and set a "buy" rating on the stock in a research report 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. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $47.38.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. New York State Common Retirement Fund bought a new stake in shares of Life360 in the 4th quarter valued at approximately $25,000. Summit Investment Advisors Inc. grew its position in Life360 by 82.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,072 shares of the company's stock worth $44,000 after acquiring an additional 484 shares in the last quarter. GAMMA Investing LLC increased its stake 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 during the last quarter. KBC Group NV bought a new position in shares of Life360 during the 4th quarter valued at $147,000. Finally, Deutsche Bank AG lifted its stake in shares of Life360 by 3,952.9% in the 4th quarter. Deutsche Bank AG now owns 4,134 shares of the company's stock valued at $171,000 after purchasing an additional 4,032 shares during the last quarter. 20.00% of the stock is owned by institutional investors and hedge funds.

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.