Life360, Inc. (NASDAQ:LIF - Get Free Report) CFO Russell John Burke sold 3,104 shares of the stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $63.98, for a total transaction of $198,593.92. Following the transaction, the chief financial officer owned 199,522 shares of the company's stock, valued at approximately $12,765,417.56. The trade was a 1.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Russell John Burke also recently made the following trade(s):
- On Friday, June 27th, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $61.95, for a total transaction of $192,292.80.
- On Tuesday, June 10th, Russell John Burke sold 3,030 shares of Life360 stock. The stock was sold at an average price of $64.13, for a total transaction of $194,313.90.
- On Friday, May 23rd, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $60.07, for a total transaction of $186,457.28.
- On Thursday, April 24th, Russell John Burke sold 3,104 shares of Life360 stock. The stock was sold at an average price of $39.21, for a total transaction of $121,707.84.
Life360 Trading Down 0.2%
Shares of LIF stock traded down $0.10 during trading hours on Friday, hitting $64.18. 442,802 shares of the company's stock were exchanged, compared to its average volume of 492,231. Life360, Inc. has a 12-month low of $28.94 and a 12-month high of $67.11. The business's 50 day simple moving average is $60.52 and its 200-day simple moving average is $48.07. The company has a market capitalization of $4.91 billion and a PE ratio of 713.11.
Life360 (NASDAQ:LIF - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.09. The company had revenue of $103.62 million for the quarter, compared to the consensus estimate of $101.48 million. Life360 had a net margin of 2.42% and a return on equity of 4.05%. Equities analysts anticipate that Life360, Inc. will post -0.17 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Summit Investment Advisors Inc. boosted its holdings in shares of Life360 by 82.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,072 shares of the company's stock valued at $44,000 after buying an additional 484 shares in the last quarter. GAMMA Investing LLC boosted its holdings 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 valued at $84,000 after buying an additional 2,116 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings 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 valued at $84,000 after buying an additional 1,978 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in shares of Life360 by 433.3% during the 1st quarter. New York State Common Retirement Fund now owns 3,200 shares of the company's stock valued at $123,000 after buying an additional 2,600 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Life360 during the 1st quarter valued at $157,000. 20.00% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. Loop Capital raised their price objective on shares of Life360 from $52.00 to $58.00 and gave the company a "buy" rating in a research report on Tuesday, May 13th. JMP Securities raised their price objective on shares of Life360 from $55.00 to $62.00 and gave the company a "market outperform" rating in a research report on Monday, June 16th. UBS Group raised their price objective on shares of Life360 from $57.00 to $71.00 and gave the company a "buy" rating in a research report on Monday, June 16th. Citigroup restated an "outperform" rating on shares of Life360 in a research report on Monday, June 16th. Finally, Stifel Nicolaus cut their price objective on shares of Life360 from $52.00 to $48.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $59.50.
Get Our Latest Analysis on LIF
About Life360
(
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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.
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