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

Life360, Inc. (NASDAQ:LIF) COO Lauren Antonoff sold 4,546 shares of the business’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $38.64, for a total transaction of $175,657.44. Following the sale, the chief operating officer now owns 317,802 shares in the company, valued at $12,279,869.28. The trade was a 1.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Thursday, March 6th, Lauren Antonoff sold 13,106 shares of Life360 stock. The shares were 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 value of $594,217.47.

Life360 Stock Performance

LIF stock opened at $39.88 on Thursday. The stock’s fifty day simple moving average is $43.68 and its 200-day simple moving average is $42.88. Life360, Inc. has a 52-week low of $26.00 and a 52-week high of $52.77.

Life360 (NASDAQ:LIF) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $115.53 million for the quarter, compared to analyst estimates of $114.39 million. Equities research analysts predict that Life360, Inc. will post -0.17 EPS for the current fiscal year.

Institutional Trading of Life360

Several institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System lifted its stake in shares of Life360 by 14,425.5% during the fourth quarter. California State Teachers Retirement System now owns 61,443 shares of the company’s stock worth $2,536,000 after purchasing an additional 61,020 shares in the last quarter. JT Stratford LLC acquired a new position in shares of Life360 in the fourth quarter worth about $231,000. Monograph Wealth Advisors LLC boosted its holdings in Life360 by 56.1% in the fourth quarter. Monograph Wealth Advisors LLC now owns 101,234 shares of the company’s stock valued at $4,178,000 after purchasing an additional 36,400 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Life360 during the 4th quarter valued at approximately $5,090,000. Finally, Voloridge Investment Management LLC purchased a new stake in Life360 during the 4th quarter worth approximately $1,902,000. 20.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on LIF. UBS Group upgraded shares of Life360 from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $52.00 to $55.00 in a research report on Friday, January 17th. Canaccord Genuity Group upped their target price on Life360 from $54.00 to $58.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Life360 currently has an average rating of “Buy” and a consensus target price of $47.63.

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.