Life360, Inc. (NASDAQ:LIF) COO Lauren Antonoff Sells 5,500 Shares

Life360, Inc. (NASDAQ:LIF) COO Lauren Antonoff sold 5,500 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of $38.38, for a total transaction of $211,090.00. Following the completion of the transaction, the chief operating officer now owns 312,302 shares in the company, valued at $11,986,150.76. This trade represents a 1.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Lauren Antonoff also recently made the following trade(s):

• 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 transaction 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 transaction of $551,500.48.
• On Tuesday, February 25th, Lauren Antonoff sold 14,091 shares of Life360 stock. The shares were sold at an average price of $42.17, for a total value of $594,217.47.

Life360 Stock Down 0.6 %

Shares of NASDAQ:LIF opened at $38.39 on Tuesday. Life360, Inc. has a twelve month low of $26.00 and a twelve month high of $52.77. The stock’s 50 day moving average is $43.45 and its 200-day moving average is $43.06.

Life360 (NASDAQ:LIF) 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). The business had revenue of $115.53 million for the quarter, compared to analyst estimates of $114.39 million. Life360 had a negative return on equity of 4.03% and a negative net margin of 4.72%. Equities analysts anticipate that Life360, Inc. will post -0.17 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have weighed in on LIF. Canaccord Genuity Group lifted their target price on Life360 from $54.00 to $58.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. UBS Group upgraded shares of Life360 from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $52.00 to $55.00 in a research note on Friday, January 17th. Seven equities research 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, the company currently has a consensus rating of “Buy” and an average price target of $47.63.

Hedge Funds Weigh In On Life360

A number of hedge funds have recently added to or reduced their stakes in the stock. WealthPlan Investment Management LLC lifted its holdings in shares of Life360 by 2.5% in the fourth quarter. WealthPlan Investment Management LLC now owns 9,992 shares of the company’s stock valued at $412,000 after purchasing an additional 247 shares in the last quarter. Summit Investment Advisors Inc. raised its position in Life360 by 82.3% in 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 during the last quarter. New York State Common Retirement Fund bought a new position in Life360 during the 4th quarter valued at $25,000. Corebridge Financial Inc. grew its stake in shares of Life360 by 64.0% in the 4th quarter. Corebridge Financial Inc. now owns 5,092 shares of the company’s stock worth $210,000 after acquiring an additional 1,987 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Life360 in the third quarter valued at about $98,000. Institutional investors and hedge funds own 20.00% of the company’s stock.

About Life360

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.