Life360, Inc. (NASDAQ:LIF) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give Life360 an average rating of "Moderate Buy" from 10 firms (5 buy, 4 hold, 1 strong buy) with a 12‑month average price target of $83.31, though some brokers recently cut targets (Canaccord to $94, UBS to $75).
• Shares opened at $45.08 and are trading well below the 200‑day moving average ($76.77); the stock has a 52‑week range of $29.62–$112.54, a market cap of $3.62B, a P/E of 25.76 and a high volatility (beta 3.84).
• Insiders sold 23,559 shares (~$1.53M) in the past three months; insiders own 8.0% of the stock while institutional investors hold about 20.0%.

Life360, Inc. (NASDAQ:LIF - Get Free Report) has been given an average recommendation of "Moderate Buy" by the ten ratings firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $83.3125.

LIF has been the subject of a number of recent research reports. Canaccord Genuity Group dropped their target price on Life360 from $115.00 to $94.00 and set a "buy" rating for the company in a research report on Tuesday. UBS Group decreased their price target on Life360 from $110.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday. DA Davidson began coverage on Life360 in a research report on Thursday, December 11th. They issued a "buy" rating and a $94.00 price objective for the company. Wall Street Zen raised Life360 from a "hold" rating to a "buy" rating in a report on Saturday, February 28th. Finally, Citigroup restated a "buy" rating on shares of Life360 in a research report on Tuesday, January 27th.

Life360 Stock Performance

LIF stock opened at $45.08 on Friday. The company has a 50 day moving average price of $56.39 and a 200 day moving average price of $76.77. Life360 has a fifty-two week low of $29.62 and a fifty-two week high of $112.54. The company has a debt-to-equity ratio of 0.57, a current ratio of 6.26 and a quick ratio of 6.62. The stock has a market capitalization of $3.62 billion, a PE ratio of 25.76 and a beta of 3.84.

Insider Buying and Selling at Life360

In other Life360 news, Director Chris Hulls sold 1,846 shares of Life360 stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $63.96, for a total transaction of $118,070.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James Synge sold 3,966 shares of Life360 stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $63.96, for a total transaction of $253,665.36. The SEC filing for this sale provides additional information. In the last three months, insiders sold 23,559 shares of company stock valued at $1,525,548. 8.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in LIF. Strive Financial Group LLC bought a new position in shares of Life360 in the 4th quarter worth $26,000. SBI Securities Co. Ltd. increased its holdings in Life360 by 824.1% in the third quarter. SBI Securities Co. Ltd. now owns 268 shares of the company's stock valued at $28,000 after purchasing an additional 239 shares during the last quarter. MCF Advisors LLC acquired a new position in Life360 in the fourth quarter valued at about $32,000. NewEdge Advisors LLC acquired a new position in Life360 in the third quarter valued at about $32,000. Finally, CWM LLC boosted its holdings in Life360 by 71.4% during the third quarter. CWM LLC now owns 384 shares of the company's stock worth $41,000 after buying an additional 160 shares during the last quarter. Institutional investors and hedge funds own 20.00% of the company's stock.

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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