John Philip Coghlan Sells 4,000 Shares of Life360 (NASDAQ:LIF) Stock

Life360, Inc. (NASDAQ:LIFGet Free Report) Director John Philip Coghlan sold 4,000 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $43.99, for a total transaction of $175,960.00. Following the completion of the transaction, the director owned 28,431 shares in the company, valued at $1,250,679.69. The trade was a 12.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

John Philip Coghlan also recently made the following trade(s):

  • On Friday, May 1st, John Philip Coghlan sold 4,000 shares of Life360 stock. The stock was sold at an average price of $44.16, for a total transaction of $176,640.00.
  • On Wednesday, April 1st, John Philip Coghlan sold 4,000 shares of Life360 stock. The stock was sold at an average price of $41.32, for a total transaction of $165,280.00.

Life360 Stock Down 1.6%

LIF opened at $46.26 on Thursday. The company has a current ratio of 5.37, a quick ratio of 5.23 and a debt-to-equity ratio of 0.52. Life360, Inc. has a 1-year low of $37.01 and a 1-year high of $112.54. The company has a market capitalization of $3.75 billion, a PE ratio of 26.74 and a beta of 2.62. The firm’s 50 day simple moving average is $42.21 and its two-hundred day simple moving average is $53.45.

Analyst Upgrades and Downgrades

LIF has been the topic of several recent research reports. Evercore set a $68.00 price target on shares of Life360 in a research report on Tuesday, May 12th. Citigroup decreased their price objective on shares of Life360 from $68.50 to $68.30 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Weiss Ratings downgraded shares of Life360 from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, May 12th. Canaccord Genuity Group set a $72.00 price objective on shares of Life360 in a research report on Tuesday, May 12th. Finally, DA Davidson restated a “neutral” rating and set a $40.00 price objective on shares of Life360 in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Life360 currently has a consensus rating of “Moderate Buy” and an average price target of $63.94.

Read Our Latest Report on LIF

Institutional Trading of Life360

Several institutional investors and hedge funds have recently modified their holdings of LIF. SBI Securities Co. Ltd. grew its stake in Life360 by 824.1% during the third quarter. SBI Securities Co. Ltd. now owns 268 shares of the company’s stock valued at $28,000 after acquiring an additional 239 shares in the last quarter. California State Teachers Retirement System grew its stake in Life360 by 0.4% during the second quarter. California State Teachers Retirement System now owns 61,697 shares of the company’s stock valued at $4,026,000 after acquiring an additional 254 shares in the last quarter. Swiss Life Asset Management Ltd grew its stake in Life360 by 8.2% during the fourth quarter. Swiss Life Asset Management Ltd now owns 3,617 shares of the company’s stock valued at $232,000 after acquiring an additional 273 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Life360 by 21.1% during the fourth quarter. Russell Investments Group Ltd. now owns 1,673 shares of the company’s stock valued at $107,000 after acquiring an additional 292 shares in the last quarter. Finally, NewEdge Advisors LLC purchased a new position in Life360 during the third quarter valued at $32,000. 20.00% of the stock is currently owned by institutional investors.

Life360 News Roundup

Here are the key news stories impacting Life360 this week:

Life360 Company Profile

(Get Free Report)

Life360, Inc (NASDAQ: LIF) operates a location-based safety and communication platform designed to help families stay connected and secure. Through its flagship mobile application, Life360 offers real-time location sharing, check-in alerts and geofencing tools that enable users to monitor the whereabouts of family members or other trusted circles. The company’s services extend to emergency response features, including SOS alerts, 24/7 roadside assistance and crash detection capabilities powered by machine-learning algorithms, all aimed at enhancing user safety on the road and at home.

The Life360 platform is offered under a freemium model, with a basic no-cost tier providing essential location sharing and alerts.

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Insider Buying and Selling by Quarter for Life360 (NASDAQ:LIF)

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