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

Life360, Inc. (NASDAQ:LIF) CEO Lauren Antonoff sold 4,546 shares of Life360 stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $76.10, for a total value of $345,950.60. Following the completion of the sale, the chief executive officer owned 324,827 shares of the company’s stock, valued at $24,719,334.70. This trade represents a 1.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Friday, October 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The shares were sold at an average price of $93.01, for a total transaction of $422,823.46.
• On Wednesday, September 24th, Lauren Antonoff sold 4,546 shares of Life360 stock. The shares were sold at an average price of $101.52, for a total transaction of $461,509.92.
• 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.

Life360 Trading Down 0.3%

Shares of LIF traded down $0.21 during trading hours on Tuesday, hitting $78.91. The stock had a trading volume of 1,763,759 shares, compared to its average volume of 764,029. Life360, Inc. has a 12-month low of $29.62 and a 12-month high of $112.54. The firm has a market cap of $6.19 billion, a P/E ratio of 232.09 and a beta of 3.42. The company has a debt-to-equity ratio of 0.79, a quick ratio of 6.62 and a current ratio of 6.80. The company’s fifty day simple moving average is $93.93 and its 200 day simple moving average is $80.13.

Life360 (NASDAQ:LIF) last announced its quarterly earnings results on Monday, November 10th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.03 by $0.08. The company had revenue of $124.50 million during the quarter, compared to analyst estimates of $119.26 million. Life360 had a return on equity of 7.95% and a net margin of 6.46%. Life360 has set its FY 2025 guidance at EPS. Equities research analysts forecast that Life360, Inc. will post -0.17 EPS for the current fiscal year.

Hedge Funds Weigh In On Life360

A number of institutional investors have recently made changes to their positions in LIF. SBI Securities Co. Ltd. grew its position in shares of Life360 by 824.1% during the third quarter. SBI Securities Co. Ltd. now owns 268 shares of the company’s stock worth $28,000 after buying an additional 239 shares in the last quarter. NewEdge Advisors LLC bought a new position in Life360 during the 3rd quarter valued at $32,000. CWM LLC grew its holdings in Life360 by 71.4% during the 3rd quarter. CWM LLC now owns 384 shares of the company’s stock worth $41,000 after acquiring an additional 160 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Life360 by 1,663.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 529 shares of the company’s stock worth $55,000 after purchasing an additional 499 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of Life360 in the 3rd quarter valued at about $80,000. 20.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Canaccord Genuity Group increased their price objective on shares of Life360 from $86.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, August 12th. UBS Group cut their price objective on Life360 from $120.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, November 11th. JMP Securities boosted their price objective on Life360 from $62.00 to $95.00 and gave the stock a “market outperform” rating in a research note on Tuesday, August 12th. Stifel Nicolaus lowered Life360 from a “buy” rating to a “hold” rating and set a $92.00 target price for the company. in a research note on Friday, October 24th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Life360 in a research report on Thursday, November 20th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $90.00.

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.