Life360 (NASDAQ:LIF) CEO Lauren Antonoff Sells 4,546 Shares

Life360, Inc. (NASDAQ:LIF) CEO Lauren Antonoff sold 4,546 shares of the company’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $101.52, for a total value of $461,509.92. Following the transaction, the chief executive officer owned 333,919 shares of the company’s stock, valued at approximately $33,899,456.88. The trade was a 1.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Friday, September 5th, Lauren Antonoff sold 17,764 shares of Life360 stock. The stock was sold at an average price of $90.90, for a total value of $1,614,747.60.
• On Monday, August 25th, Lauren Antonoff sold 4,546 shares of Life360 stock. The stock was sold at an average price of $90.00, for a total value of $409,140.00.
• On Thursday, July 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The stock was sold at an average price of $75.69, for a total value of $344,086.74.

Life360 Price Performance

Shares of LIF opened at $104.51 on Monday. The company has a market cap of $8.10 billion, a P/E ratio of 326.60 and a beta of 3.49. The stock has a fifty day moving average price of $87.98 and a 200 day moving average price of $64.55. The company has a debt-to-equity ratio of 0.84, a current ratio of 7.14 and a quick ratio of 7.01. Life360, Inc. has a 12 month low of $29.62 and a 12 month high of $107.34.

Life360 (NASDAQ:LIF) last issued its quarterly earnings data on Monday, August 11th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. The firm had revenue of $115.38 million during the quarter, compared to the consensus estimate of $109.33 million. Life360 had a return on equity of 7.65% and a net margin of 6.45%. Life360 has set its FY 2025 guidance at EPS. On average, research analysts forecast that Life360, Inc. will post -0.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

LIF has been the subject of a number of analyst reports. JMP Securities boosted their price target on Life360 from $62.00 to $95.00 and gave the stock a “market outperform” rating in a research report on Tuesday, August 12th. Stifel Nicolaus boosted their price target on Life360 from $87.00 to $92.00 and gave the stock a “buy” rating in a research report on Tuesday, August 12th. Citigroup initiated coverage on Life360 in a research report on Thursday, July 31st. They set a “buy” rating and a $90.00 price target for the company. Evercore ISI boosted their price target on Life360 from $55.00 to $95.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Finally, Canaccord Genuity Group boosted their price target on Life360 from $86.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, August 12th. Seven investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Life360 presently has an average rating of “Buy” and an average target price of $91.43.

Institutional Trading of Life360

Institutional investors have recently modified their holdings of the company. Keystone Financial Group Inc. acquired a new stake in shares of Life360 in the second quarter valued at $62,000. State of Wyoming acquired a new stake in shares of Life360 in the second quarter valued at $96,000. Ameritas Investment Partners Inc. lifted its holdings in shares of Life360 by 53.2% in the second quarter. Ameritas Investment Partners Inc. now owns 1,642 shares of the company’s stock valued at $107,000 after buying an additional 570 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Life360 in the second quarter valued at $137,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Life360 by 2,938.9% in the first 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 during the period. Institutional investors and hedge funds 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.