Life360, Inc. (NASDAQ:LIF) Director Sells $438,900.00 in Stock

Life360, Inc. (NASDAQ:LIF) Director Mark Goines sold 10,000 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $43.89, for a total transaction of $438,900.00. Following the completion of the transaction, the director now owns 66,272 shares in the company, valued at $2,908,678.08. The trade was a 13.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Mark Goines also recently made the following trade(s):

• On Friday, November 22nd, Mark Goines sold 50,000 shares of Life360 stock. The stock was sold at an average price of $40.70, for a total transaction of $2,035,000.00.

Life360 Trading Up 6.7 %

LIF opened at $49.45 on Friday. The business’s 50-day moving average price is $42.78. Life360, Inc. has a 12-month low of $26.00 and a 12-month high of $49.50.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. JMP Securities increased their price objective on Life360 from $40.00 to $55.00 and gave the stock a “market outperform” rating in a research report on Thursday, November 14th. Stifel Nicolaus upped their price target on Life360 from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Jefferies Financial Group started coverage on Life360 in a research report on Friday, August 9th. They set a “buy” rating and a $43.00 price objective for the company. UBS Group upped their target price on shares of Life360 from $35.00 to $50.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Finally, Loop Capital increased their target price on shares of Life360 from $36.00 to $43.00 and gave the stock a “buy” rating in a research note on Wednesday, August 21st. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Life360 has an average rating of “Buy” and a consensus price target of $44.75.

Institutional Trading of Life360

Institutional investors and hedge funds have recently bought and sold shares of the business. Regal Partners Ltd acquired a new position in shares of Life360 in the second quarter valued at approximately $23,635,000. XY Capital Ltd acquired a new position in shares of Life360 in the second quarter worth $205,000. Emerald Mutual Fund Advisers Trust purchased a new stake in shares of Life360 during the second quarter worth $5,488,000. Emerald Advisers LLC acquired a new stake in shares of Life360 in the second quarter valued at $6,777,000. Finally, Point72 DIFC Ltd purchased a new position in Life360 in the second quarter valued at $43,000.

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.