Lauren Antonoff Sells 4,546 Shares of Life360, Inc. (NASDAQ:LIF) Stock

Life360, Inc. (NASDAQ:LIF) COO Lauren Antonoff sold 4,546 shares of the company’s stock in a transaction dated Thursday, April 24th. The shares were sold at an average price of $38.78, for a total transaction of $176,293.88. Following the transaction, the chief operating officer now directly owns 340,224 shares of the company’s stock, valued at $13,193,886.72. This represents a 1.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Friday, March 28th, Lauren Antonoff sold 5,500 shares of Life360 stock. The shares were sold at an average price of $38.38, for a total transaction of $211,090.00.
• On Monday, March 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The shares were 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 stock was 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 stock was sold at an average price of $42.17, for a total transaction of $594,217.47.

Life360 Trading Up 3.0 %

Shares of LIF opened at $42.90 on Thursday. The stock has a fifty day moving average price of $39.07 and a two-hundred day moving average price of $42.67. Life360, Inc. has a 52-week low of $26.00 and a 52-week high of $52.77.

Life360 (NASDAQ:LIF) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.08). Life360 had a negative net margin of 4.72% and a negative return on equity of 4.03%. The business had revenue of $115.53 million during the quarter, compared to the consensus estimate of $114.39 million. Analysts expect that Life360, Inc. will post -0.17 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on LIF shares. UBS Group raised shares of Life360 from a “neutral” rating to a “buy” rating and increased their price target for the stock from $52.00 to $55.00 in a research report on Friday, January 17th. Stifel Nicolaus dropped their price target 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 and one has given a strong buy rating to the company. According to data from MarketBeat.com, Life360 has a consensus rating of “Buy” and an average price target of $47.38.

Hedge Funds Weigh In On Life360

Several institutional investors have recently bought and sold shares of LIF. Franklin Resources Inc. raised its position in Life360 by 402.9% in the 4th quarter. Franklin Resources Inc. now owns 539,592 shares of the company’s stock valued at $22,269,000 after purchasing an additional 432,292 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Life360 by 320.0% during the first quarter. Bank of New York Mellon Corp now owns 549,272 shares of the company’s stock worth $21,087,000 after acquiring an additional 418,493 shares during the last quarter. Lord Abbett & CO. LLC bought a new stake in shares of Life360 during the third quarter worth $7,995,000. Marshall Wace LLP raised its position in shares of Life360 by 86.2% during the fourth quarter. Marshall Wace LLP now owns 411,326 shares of the company’s stock worth $16,975,000 after acquiring an additional 190,422 shares during the last quarter. Finally, Citadel Advisors LLC raised its position in shares of Life360 by 1,233.3% during the fourth quarter. Citadel Advisors LLC now owns 200,781 shares of the company’s stock worth $8,286,000 after acquiring an additional 185,722 shares during the last quarter. Institutional investors own 20.00% of the company’s stock.

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.