Life360, Inc. (NASDAQ:LIF) Director John Philip Coghlan Sells 10,000 Shares

Life360, Inc. (NASDAQ:LIF) Director John Philip Coghlan sold 10,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $41.50, for a total transaction of $415,000.00. Following the completion of the transaction, the director now owns 41,628 shares in the company, valued at approximately $1,727,562. The trade was a 19.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Life360 Price Performance

Shares of LIF stock traded down $1.93 on Friday, hitting $40.54. 58,350 shares of the stock traded hands, compared to its average volume of 269,573. Life360, Inc. has a 52 week low of $26.00 and a 52 week high of $48.90. The business has a 50 day moving average price of $41.89.

Institutional Investors Weigh In On Life360

Institutional investors have recently bought and sold shares of the business. Point72 DIFC Ltd purchased a new position in shares of Life360 in the second quarter worth $43,000. BNP Paribas Financial Markets bought a new position in shares of Life360 during the 3rd quarter valued at approximately $98,000. MetLife Investment Management LLC purchased a new stake in Life360 during the 3rd quarter valued at $139,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Life360 during the second quarter worth $192,000. Finally, XY Capital Ltd bought a new position in Life360 during the second quarter valued at $205,000.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on LIF shares. Jefferies Financial Group initiated coverage on shares of Life360 in a research note on Friday, August 9th. They issued a “buy” rating and a $43.00 target price on the stock. Stifel Nicolaus upped their price objective on Life360 from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Loop Capital lifted their target price on Life360 from $36.00 to $43.00 and gave the stock a “buy” rating in a report on Wednesday, August 21st. UBS Group boosted their price target on Life360 from $35.00 to $50.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, JMP Securities increased their price objective on Life360 from $40.00 to $55.00 and gave the company a “market outperform” rating in a research report on Thursday, November 14th. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $44.75.

About Life360

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.