Susan L. Stick Sells 500 Shares of Life360, Inc. (NASDAQ:LIF) Stock

Life360, Inc. (NASDAQ:LIF) General Counsel Susan L. Stick sold 500 shares of the stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of $33.73, for a total value of $16,865.00. Following the completion of the sale, the general counsel now owns 112,309 shares in the company, valued at approximately $3,788,182.57. The trade was a 0.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Life360 Stock Performance

LIF opened at $36.30 on Thursday. The stock’s fifty day moving average is $40.46 and its two-hundred day moving average is $42.79. Life360, Inc. has a 52 week low of $26.00 and a 52 week high of $52.77.

Life360 (NASDAQ:LIF) last announced its quarterly earnings results on Thursday, February 27th. The company reported $0.10 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 firm had revenue of $115.53 million for the quarter, compared to analysts’ expectations of $114.39 million. On average, research analysts anticipate that Life360, Inc. will post -0.17 EPS for the current year.

Analysts Set New Price Targets

Separately, UBS Group upgraded Life360 from a “neutral” rating to a “buy” rating and increased their target price for the stock 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 stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $47.63.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in LIF. New York State Common Retirement Fund bought a new position in shares of Life360 during the fourth quarter valued at approximately $25,000. Summit Investment Advisors Inc. lifted its holdings in Life360 by 82.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,072 shares of the company’s stock worth $44,000 after buying an additional 484 shares during the period. GAMMA Investing LLC boosted its position in Life360 by 2,938.9% during the 1st quarter. GAMMA Investing LLC now owns 2,188 shares of the company’s stock valued at $84,000 after acquiring an additional 2,116 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in Life360 during the 3rd quarter valued at $98,000. Finally, KBC Group NV purchased a new position in shares of Life360 in the 4th quarter valued at $147,000. Hedge funds and other institutional investors 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.