WealthPlan Investment Management LLC Raises Holdings in Life360, Inc. (NASDAQ:LIF)

WealthPlan Investment Management LLC raised its holdings in Life360, Inc. (NASDAQ:LIF) by 8.2% during the third quarter, Holdings Channel.com reports. The firm owned 9,745 shares of the company’s stock after purchasing an additional 738 shares during the period. WealthPlan Investment Management LLC’s holdings in Life360 were worth $383,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Emerald Mutual Fund Advisers Trust increased its holdings in Life360 by 0.4% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 170,182 shares of the company’s stock worth $6,697,000 after purchasing an additional 736 shares during the period. Point72 DIFC Ltd purchased a new position in Life360 in the second quarter worth approximately $43,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Life360 during the 2nd quarter worth approximately $192,000. SG Americas Securities LLC purchased a new stake in shares of Life360 in the 3rd quarter valued at approximately $246,000. Finally, XY Capital Ltd acquired a new stake in shares of Life360 in the 2nd quarter valued at $205,000.

Life360 Stock Performance

Shares of LIF stock opened at $48.10 on Wednesday. Life360, Inc. has a 1-year low of $26.00 and a 1-year high of $48.90. The business’s 50-day moving average is $40.67.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Loop Capital increased their target price on Life360 from $36.00 to $43.00 and gave the company a “buy” rating in a report on Wednesday, August 21st. JMP Securities boosted their target price on Life360 from $38.00 to $40.00 and gave the stock a “market outperform” rating in a research note on Friday, August 9th. UBS Group raised their price objective on shares of Life360 from $35.00 to $50.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Stifel Nicolaus upped their target price on shares of Life360 from $40.00 to $50.00 and gave the company a “buy” rating in a report on Monday, October 28th. Finally, Jefferies Financial Group started coverage on shares of Life360 in a research note on Friday, August 9th. They set a “buy” rating and a $43.00 price target on the stock. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Life360 has an average rating of “Buy” and an average target price of $42.88.

Insider Buying and Selling at Life360

In other Life360 news, Director James Synge sold 33,617 shares of the stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $37.04, for a total value of $1,245,173.68. Following the completion of the sale, the director now owns 291,944 shares of the company’s stock, valued at $10,813,605.76. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Charles J. Prober sold 40,000 shares of the business’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $32.45, for a total value of $1,298,000.00. Following the completion of the sale, the director now directly owns 106,742 shares of the company’s stock, valued at $3,463,777.90. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James Synge sold 33,617 shares of the business’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $37.04, for a total transaction of $1,245,173.68. Following the sale, the director now owns 291,944 shares of the company’s stock, valued at approximately $10,813,605.76. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 77,088 shares of company stock valued at $2,672,781 over the last three months.

Life360 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.