Life360, Inc. (NASDAQ:LIF - Get Free Report) CFO Russell John Burke sold 3,104 shares of the stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $46.78, for a total transaction of $145,205.12. Following the transaction, the chief financial officer now directly owns 148,754 shares of the company's stock, valued at $6,958,712.12. This trade represents a 2.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Russell John Burke also recently made the following trade(s):
LIF stock traded up $0.18 during midday trading on Tuesday, reaching $46.41. The stock had a trading volume of 163,122 shares, compared to its average volume of 231,560. The firm has a fifty day simple moving average of $44.09 and a two-hundred day simple moving average of $40.48. Life360, Inc. has a 52-week low of $26.00 and a 52-week high of $52.76.
A number of institutional investors and hedge funds have recently modified their holdings of LIF. Point72 DIFC Ltd acquired a new stake in Life360 during the 2nd quarter worth about $43,000. BNP Paribas Financial Markets purchased a new stake in shares of Life360 in the third quarter worth about $98,000. MetLife Investment Management LLC acquired a new stake in Life360 during the third quarter worth about $139,000. KBC Group NV purchased a new position in Life360 during the fourth quarter valued at approximately $147,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Life360 during the second quarter valued at approximately $192,000. Institutional investors and hedge funds own 20.00% of the company's stock.
A number of equities research analysts recently issued reports on the company. Canaccord Genuity Group raised their price target on Life360 from $54.00 to $58.00 and gave the stock a "buy" rating in a research note on Monday, December 2nd. Stifel Nicolaus boosted their price objective on shares of Life360 from $40.00 to $50.00 and gave the stock a "buy" rating in a research note on Monday, October 28th. UBS Group upgraded shares of Life360 from a "neutral" rating to a "buy" rating and raised their price target for the company from $52.00 to $55.00 in a report on Friday, January 17th. Finally, JMP Securities increased their price objective on Life360 from $40.00 to $55.00 and gave the company a "market outperform" rating in a report on Thursday, November 14th. Seven research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $47.63.
Check Out Our Latest Research Report on 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.
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