Life360 (NASDAQ:LIF) Releases Earnings Results, Beats Expectations By $0.09 EPS

Life360 (NASDAQ:LIF) issued its earnings results on Monday. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.09, Zacks reports. Life360 had a negative return on equity of 4.03% and a negative net margin of 4.72%. Life360 updated its FY 2025 guidance to EPS.

Life360 Price Performance

NASDAQ LIF opened at $52.00 on Tuesday. The stock has a fifty day moving average of $39.50 and a 200-day moving average of $42.71. Life360 has a 52 week low of $26.00 and a 52 week high of $53.80.

Insider Buying and Selling at Life360

In related news, Director John Philip Coghlan sold 3,125 shares of the company’s stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $43.30, for a total value of $135,312.50. Following the completion of the sale, the director now owns 32,903 shares in the company, valued at $1,424,699.90. This represents a 8.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Russell John Burke sold 3,104 shares of Life360 stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $43.60, for a total value of $135,334.40. Following the transaction, the chief financial officer now owns 142,546 shares in the company, valued at $6,215,005.60. This trade represents a 2.13% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 173,381 shares of company stock worth $7,197,406. Company insiders own 8.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LIF. UBS Group upgraded shares of Life360 from a “neutral” rating to a “buy” rating and increased their price objective for the company from $52.00 to $55.00 in a research note on Friday, January 17th. Stifel Nicolaus reduced their target price on shares of Life360 from $52.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, April 23rd. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $47.38.

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.