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

Life360, Inc. (NASDAQ:LIF) CEO Lauren Antonoff sold 4,546 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $90.00, for a total value of $409,140.00. Following the transaction, the chief executive officer owned 303,232 shares in the company, valued at $27,290,880. This trade represents a 1.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Thursday, July 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The shares were sold at an average price of $75.69, for a total value of $344,086.74.
• On Tuesday, June 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The shares were sold at an average price of $62.50, for a total value of $284,125.00.

Life360 Trading Up 0.9%

Shares of LIF stock opened at $91.00 on Thursday. The stock has a market capitalization of $7.06 billion, a PE ratio of 284.38 and a beta of 3.46. Life360, Inc. has a 1-year low of $29.62 and a 1-year high of $91.55. The business has a 50-day moving average of $73.80 and a 200 day moving average of $56.14. 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 (NASDAQ:LIF) last issued its earnings results on Monday, August 11th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.06. The company had revenue of $115.38 million during the quarter, compared to analysts’ expectations 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. As a group, sell-side analysts anticipate that Life360, Inc. will post -0.17 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on LIF shares. Loop Capital increased their target price on Life360 from $52.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, May 13th. Evercore ISI increased their target price on Life360 from $55.00 to $95.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Canaccord Genuity Group increased their price objective on Life360 from $86.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, August 12th. UBS Group reiterated a “buy” rating and issued a $85.00 price objective (up previously from $71.00) on shares of Life360 in a report on Tuesday, August 12th. Finally, JMP Securities increased their price objective on Life360 from $62.00 to $95.00 and gave the stock a “market outperform” rating in a report on Tuesday, August 12th. Seven analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Life360 has a consensus rating of “Buy” and a consensus target price of $86.43.

Institutional Investors Weigh In On Life360

Several institutional investors and hedge funds have recently bought and sold shares of LIF. Keystone Financial Group Inc. purchased a new position in shares of Life360 in the 2nd quarter valued at approximately $62,000. GAMMA Investing LLC lifted its stake in shares of Life360 by 2,938.9% in the 1st quarter. GAMMA Investing LLC now owns 2,188 shares of the company’s stock valued at $84,000 after purchasing an additional 2,116 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Life360 by 937.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 2,189 shares of the company’s stock valued at $84,000 after purchasing an additional 1,978 shares during the period. State of Wyoming purchased a new position in shares of Life360 in the 2nd quarter valued at approximately $96,000. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of Life360 by 53.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,642 shares of the company’s stock valued at $107,000 after purchasing an additional 570 shares during the period. Hedge funds and other 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.