Mark Goines Sells 10,000 Shares of Life360, Inc. (NASDAQ:LIF) Stock

Life360, Inc. (NASDAQ:LIF) Director Mark Goines sold 10,000 shares of Life360 stock in a transaction on Monday, November 25th. The shares were sold at an average price of $43.89, for a total transaction of $438,900.00. Following the completion of the sale, the director now directly owns 66,272 shares in the company, valued at $2,908,678.08. This represents a 13.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Mark Goines also recently made the following trade(s):

• On Friday, November 22nd, Mark Goines sold 50,000 shares of Life360 stock. The shares were sold at an average price of $40.70, for a total transaction of $2,035,000.00.

Life360 Stock Performance

Shares of NASDAQ LIF traded up $2.92 during midday trading on Tuesday, hitting $46.33. The company’s stock had a trading volume of 638,926 shares, compared to its average volume of 291,162. The company’s fifty day moving average price is $42.47. Life360, Inc. has a 1 year low of $26.00 and a 1 year high of $48.90.

Institutional Trading of Life360

Large investors have recently modified their holdings of the stock. Point72 DIFC Ltd acquired a new stake in shares of Life360 in the 2nd quarter valued at $43,000. BNP Paribas Financial Markets acquired a new position in shares of Life360 during the 3rd quarter worth about $98,000. MetLife Investment Management LLC purchased a new position in shares of Life360 in the 3rd quarter valued at about $139,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Life360 in the second quarter valued at approximately $192,000. Finally, XY Capital Ltd purchased a new position in Life360 in the second quarter valued at approximately $205,000.

Analysts Set New Price Targets

Several equities analysts have recently weighed in 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 price target on the stock. UBS Group upped their price objective on Life360 from $35.00 to $50.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. JMP Securities upped their price target on Life360 from $40.00 to $55.00 and gave the company a “market outperform” rating in a research note on Thursday, November 14th. Stifel Nicolaus increased their price target on Life360 from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Finally, Loop Capital upped their target price on shares of Life360 from $36.00 to $43.00 and gave the company a “buy” rating in a research report on Wednesday, August 21st. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $44.75.

Life360 Company 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.