Life360, Inc. (NASDAQ:LIF – Get Free Report) Director John Philip Coghlan sold 4,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $54.82, for a total value of $219,280.00. Following the transaction, the director directly owned 20,431 shares in the company, valued at $1,120,027.42. This represents a 16.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Philip Coghlan also recently made the following trade(s):
- On Wednesday, July 1st, John Philip Coghlan sold 4,000 shares of Life360 stock. The stock was sold at an average price of $56.07, for a total value of $224,280.00.
- On Monday, June 1st, John Philip Coghlan sold 4,000 shares of Life360 stock. The stock was sold at an average price of $43.99, for a total value of $175,960.00.
Life360 Stock Performance
LIF opened at $59.69 on Friday. The company has a market cap of $4.84 billion, a P/E ratio of 34.50 and a beta of 2.35. The company has a quick ratio of 5.23, a current ratio of 5.37 and a debt-to-equity ratio of 0.52. The firm’s 50-day moving average price is $52.01 and its 200-day moving average price is $48.32. Life360, Inc. has a 52-week low of $37.01 and a 52-week high of $112.54.
Hedge Funds Weigh In On Life360
Key Life360 News
Here are the key news stories impacting Life360 this week:
- Positive Sentiment: Life360’s revenue reportedly grew 38%, supporting the investment case for continued expansion in its family-safety platform and subscription business. Life360 revenue grew 38 percent article
- Positive Sentiment: A recent investment commentary described Life360 shares as a potential strong buy, reflecting confidence in the company’s growth prospects and recurring-revenue model. Why Life360 shares could be a strong buy this month
- Neutral Sentiment: Analyst coverage remains broadly constructive, with a reported consensus “Moderate Buy” rating and an average price target of $64.81. However, differing targets and ratings indicate uncertainty about valuation and execution. Life360 analyst coverage
- Negative Sentiment: Three directors sold a combined 41,701 shares worth approximately $2.57 million: founder and director Chris Hulls sold 27,000 shares for $1.71 million, Brit Morin sold 10,701 shares for $642,060, and John Philip Coghlan sold 4,000 shares for $219,280. The transactions reduced their respective holdings by about 6.05%, 34.68%, and 16.37%, creating a near-term supply and sentiment overhang. Life360 founder stock sale Life360 director stock sale
- Negative Sentiment: All three sales were executed under pre-arranged Rule 10b5-1 trading plans, which suggests they may have been scheduled rather than discretionary bets against the stock. Even so, the timing and aggregate size of the disposals are likely contributing to investor caution. Life360 director sold stock at 60 dollars
Analyst Ratings Changes
A number of research analysts have issued reports on LIF shares. Canaccord Genuity Group set a $72.00 price target on shares of Life360 in a report on Tuesday, May 12th. Bank of America boosted their price objective on shares of Life360 from $60.00 to $66.00 and gave the company a “buy” rating in a report on Thursday, July 16th. Macquarie Infrastructure initiated coverage on Life360 in a research report on Tuesday, April 28th. They issued an “outperform” rating and a $32.20 target price on the stock. UBS Group reduced their target price on Life360 from $75.00 to $64.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Finally, Morgan Stanley started coverage on Life360 in a research report on Tuesday, July 21st. They set an “overweight” rating and a $66.24 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Life360 presently has an average rating of “Moderate Buy” and an average target price of $64.81.
Check Out Our Latest Research Report on Life360
About Life360
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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