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

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

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

• On Thursday, March 6th, Lauren Antonoff sold 13,106 shares of Life360 stock. The stock was 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 shares were sold at an average price of $42.17, for a total transaction of $594,217.47.

Life360 Price Performance

NASDAQ LIF opened at $38.95 on Friday. The stock has a 50-day simple moving average of $43.65 and a 200 day simple moving average of $42.85. Life360, Inc. has a twelve month low of $26.00 and a twelve month high of $52.77.

Life360 (NASDAQ:LIF) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.10 earnings per share 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 business had revenue of $115.53 million during the quarter, compared to the consensus estimate of $114.39 million. As a group, analysts predict that Life360, Inc. will post -0.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

LIF has been the subject of a number of recent research reports. UBS Group upgraded shares of Life360 from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $52.00 to $55.00 in a report on Friday, January 17th. Canaccord Genuity Group increased their price objective on Life360 from $54.00 to $58.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Seven research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $47.63.

Institutional Trading of Life360

Several hedge funds and other institutional investors have recently bought and sold shares of LIF. FMR LLC increased its position in shares of Life360 by 6.1% during the third quarter. FMR LLC now owns 1,520,135 shares of the company’s stock valued at $59,817,000 after purchasing an additional 86,917 shares during the period. Millennium Management LLC increased its holdings in Life360 by 9.2% in the 4th quarter. Millennium Management LLC now owns 1,114,922 shares of the company’s stock valued at $46,013,000 after buying an additional 94,077 shares during the period. Franklin Resources Inc. raised its stake in shares of Life360 by 402.9% in the 4th quarter. Franklin Resources Inc. now owns 539,592 shares of the company’s stock valued at $22,269,000 after buying an additional 432,292 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of Life360 by 86.2% during the 4th quarter. Marshall Wace LLP now owns 411,326 shares of the company’s stock worth $16,975,000 after acquiring an additional 190,422 shares during the period. Finally, Lord Abbett & CO. LLC boosted its position in shares of Life360 by 49.3% during the 4th quarter. Lord Abbett & CO. LLC now owns 303,393 shares of the company’s stock valued at $12,521,000 after acquiring an additional 100,217 shares in the last quarter. 20.00% of the stock is currently owned by institutional investors and hedge funds.

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.