Life360, Inc. (NASDAQ:LIF) Shares Sold by Regal Partners Ltd

Regal Partners Ltd trimmed its holdings in Life360, Inc. (NASDAQ:LIF) by 45.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 395,407 shares of the company’s stock after selling 334,297 shares during the period. Life360 accounts for about 1.4% of Regal Partners Ltd’s investment portfolio, making the stock its 20th largest position. Regal Partners Ltd’s holdings in Life360 were worth $15,559,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. XY Capital Ltd purchased a new position in Life360 in the 2nd quarter valued at about $205,000. Emerald Mutual Fund Advisers Trust purchased a new position in Life360 in the 2nd quarter valued at about $5,488,000. Emerald Advisers LLC purchased a new position in Life360 in the 2nd quarter valued at about $6,777,000. Point72 DIFC Ltd purchased a new position in Life360 in the 2nd quarter valued at about $43,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Life360 in the 2nd quarter valued at about $192,000.

Insider Buying and Selling

In other Life360 news, Director Charles J. Prober sold 40,000 shares of the stock in a transaction that occurred on Wednesday, September 11th. The shares were 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 owns 106,742 shares of the company’s stock, valued at $3,463,777.90. 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 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. Also, Director Charles J. Prober sold 40,000 shares of the stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $32.45, for a total transaction 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. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 77,088 shares of company stock valued at $2,672,781.

Life360 Price Performance

LIF opened at $44.15 on Thursday. The business’s 50 day simple moving average is $40.88. Life360, Inc. has a 1 year low of $26.00 and a 1 year high of $48.90.

Analyst Upgrades and Downgrades

LIF has been the topic of several recent analyst reports. UBS Group increased 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. Loop Capital increased their price objective on shares of Life360 from $36.00 to $43.00 and gave the stock a “buy” rating in a report on Wednesday, August 21st. Jefferies Financial Group initiated coverage on shares of Life360 in a report on Friday, August 9th. They set a “buy” rating and a $43.00 price objective on the stock. Stifel Nicolaus increased their price objective on shares of Life360 from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Finally, JMP Securities increased their price objective on shares of Life360 from $38.00 to $40.00 and gave the stock a “market outperform” rating in a report on Friday, August 9th. One 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 stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $42.88.

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.