Life360, Inc. (NASDAQ:LIF – Get Free Report) Director Chris Hulls sold 16,042 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $47.07, for a total value of $755,096.94. Following the completion of the sale, the director directly owned 406,899 shares of the company’s stock, valued at approximately $19,152,735.93. This trade represents a 3.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Chris Hulls also recently made the following trade(s):
- On Thursday, May 28th, Chris Hulls sold 16,379 shares of Life360 stock. The stock was sold at an average price of $40.34, for a total transaction of $660,728.86.
- On Thursday, April 16th, Chris Hulls sold 16,105 shares of Life360 stock. The stock was sold at an average price of $45.51, for a total transaction of $732,938.55.
Life360 Stock Performance
Shares of NASDAQ:LIF opened at $48.94 on Friday. Life360, Inc. has a 12 month low of $37.01 and a 12 month high of $112.54. The company has a current ratio of 5.37, a quick ratio of 5.23 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average price of $44.44 and a 200-day moving average price of $50.38. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 28.29 and a beta of 2.62.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Life360
Hedge Funds Weigh In On Life360
A number of hedge funds have recently bought and sold shares of the company. Strive Financial Group LLC bought a new stake in Life360 during the 4th quarter valued at about $26,000. MCF Advisors LLC bought a new position in shares of Life360 in the fourth quarter worth approximately $32,000. NewEdge Advisors LLC bought a new position in shares of Life360 in the third quarter worth approximately $32,000. IFP Advisors Inc purchased a new stake in shares of Life360 during the third quarter valued at approximately $47,000. Finally, Advisors Asset Management Inc. grew its holdings in shares of Life360 by 136.6% during the fourth quarter. Advisors Asset Management Inc. now owns 899 shares of the company’s stock valued at $58,000 after buying an additional 519 shares during the last quarter. Institutional investors own 20.00% of the company’s stock.
Life360 Company Profile
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.
Further Reading
- Five stocks we like better than Life360
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for Life360 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Life360 and related companies with MarketBeat.com's FREE daily email newsletter.
