Life360 (LIF) to Release Earnings on Thursday

Life360 (NASDAQ:LIF) is projected to post its quarterly earnings results on Thursday, February 27th. Analysts expect Life360 to post earnings of $0.18 per share and revenue of $114.39 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Life360 Stock Performance

NASDAQ:LIF opened at $43.53 on Tuesday. Life360 has a 52 week low of $26.00 and a 52 week high of $52.76. The stock’s 50 day moving average price is $43.97 and its 200 day moving average price is $42.36.

Analysts Set New Price Targets

Several brokerages have commented on LIF. Stifel Nicolaus increased their price target on Life360 from $40.00 to $50.00 and gave the company a “buy” rating in a report on Monday, October 28th. Canaccord Genuity Group raised their price objective on shares of Life360 from $54.00 to $58.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. JMP Securities raised their price objective on shares of Life360 from $40.00 to $55.00 and gave the stock a “market outperform” rating in a research note on Thursday, November 14th. Finally, UBS Group upgraded shares of Life360 from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $52.00 to $55.00 in a research note on Friday, January 17th. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $47.63.

Insider Activity

In related news, CFO Russell John Burke sold 3,104 shares of Life360 stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $43.97, for a total value of $136,482.88. Following the completion of the sale, the chief financial officer now directly owns 158,066 shares in the company, valued at $6,950,162.02. This trade represents a 1.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders sold 15,520 shares of company stock worth $682,383.

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.