Life360, Inc. (NASDAQ:LIF – Get Free Report) Director James Synge sold 33,617 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $37.04, for a total transaction of $1,245,173.68. Following the transaction, the director now directly owns 291,944 shares of the company’s stock, valued at $10,813,605.76. The sale was disclosed in a document filed with the SEC, which is available through this link.
James Synge also recently made the following trade(s):
- On Thursday, September 5th, James Synge sold 3,471 shares of Life360 stock. The stock was sold at an average price of $37.34, for a total transaction of $129,607.14.
Life360 Price Performance
Life360 stock opened at $32.80 on Thursday. Life360, Inc. has a one year low of $26.00 and a one year high of $41.17. The business’s 50-day moving average price is $34.80.
Analysts Set New Price Targets
LIF has been the subject of several research analyst reports. JMP Securities upped their price objective on Life360 from $38.00 to $40.00 and gave the company a “market outperform” rating in a research note on Friday, August 9th. Jefferies Financial Group began coverage on Life360 in a research report on Friday, August 9th. They set a “buy” rating and a $43.00 price target on the stock. Canaccord Genuity Group initiated coverage on shares of Life360 in a report on Monday, June 17th. They issued a “buy” rating and a $40.00 price objective for the company. UBS Group increased their target price on shares of Life360 from $32.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Finally, Loop Capital lifted their price target on shares of Life360 from $36.00 to $43.00 and gave the company a “buy” rating in a report on Wednesday, August 21st. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $39.75.
Check Out Our Latest Stock Report on LIF
Hedge Funds Weigh In On Life360
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ghisallo Capital Management LLC acquired a new position in Life360 during the 2nd quarter worth $8,098,000. Point72 Asset Management L.P. acquired a new position in shares of Life360 during the second quarter valued at $405,000. Millennium Management LLC bought a new stake in shares of Life360 during the second quarter valued at about $11,861,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Life360 in the second quarter worth about $192,000. Finally, Point72 DIFC Ltd bought a new position in Life360 in the 2nd quarter valued at about $43,000.
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.
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