Life360 (LIF) to Release Earnings on Thursday

Life360 (NASDAQ:LIF) is anticipated to release its earnings data on Thursday, February 27th. Analysts expect Life360 to post earnings of $0.18 per share and revenue of $114.39 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Life360 Trading Down 3.9 %

Shares of LIF stock opened at $43.53 on Tuesday. The stock has a 50-day moving average price of $43.97 and a 200 day moving average price of $42.36. Life360 has a 12 month low of $26.00 and a 12 month high of $52.76.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on LIF. Stifel Nicolaus boosted their target price on Life360 from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. UBS Group upgraded Life360 from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $52.00 to $55.00 in a research report on Friday, January 17th. Canaccord Genuity Group boosted their target price on Life360 from $54.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Finally, JMP Securities boosted their target price on Life360 from $40.00 to $55.00 and gave the stock a “market outperform” rating in a research report on Thursday, November 14th. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $47.63.

Insider Activity

In other Life360 news, CFO Russell John Burke sold 3,104 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $41.41, for a total value of $128,536.64. Following the sale, the chief financial officer now owns 154,962 shares in the company, valued at approximately $6,416,976.42. The trade was a 1.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 15,520 shares of company stock worth $682,383 in the last 90 days.

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.