WealthPlan Investment Management LLC Purchases 738 Shares of Life360, Inc. (NASDAQ:LIF)

WealthPlan Investment Management LLC raised its position in Life360, Inc. (NASDAQ:LIF) by 8.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,745 shares of the company’s stock after acquiring an additional 738 shares during the period. WealthPlan Investment Management LLC’s holdings in Life360 were worth $383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Regal Partners Ltd acquired a new position in Life360 during the 2nd quarter valued at about $23,635,000. Millennium Management LLC acquired a new stake in Life360 in the 2nd quarter worth approximately $11,861,000. Ghisallo Capital Management LLC acquired a new position in Life360 during the 2nd quarter valued at approximately $8,098,000. Emerald Advisers LLC purchased a new position in shares of Life360 in the second quarter worth $6,777,000. Finally, Emerald Mutual Fund Advisers Trust acquired a new stake in shares of Life360 during the second quarter worth $5,488,000.

Analyst Ratings Changes

A number of analysts have commented on the company. Stifel Nicolaus lifted their price target on Life360 from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. JMP Securities lifted their price objective on shares of Life360 from $38.00 to $40.00 and gave the company a “market outperform” rating in a research note on Friday, August 9th. 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 research note on Thursday, November 7th. Loop Capital boosted 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. Finally, Jefferies Financial Group initiated coverage on Life360 in a research note on Friday, August 9th. They set a “buy” rating and a $43.00 price objective for the company. 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’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $42.88.

Life360 Price Performance

LIF stock opened at $48.10 on Wednesday. Life360, Inc. has a 52 week low of $26.00 and a 52 week high of $48.90. The stock’s 50-day moving average is $40.67.

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 stock was sold at an average price of $32.45, for a total transaction of $1,298,000.00. Following the completion of the transaction, the director now owns 106,742 shares of the company’s stock, valued at $3,463,777.90. This 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 this hyperlink. In other news, Director Charles J. Prober sold 40,000 shares of the firm’s stock in a transaction dated 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 transaction, the director now directly owns 106,742 shares of the company’s stock, valued at approximately $3,463,777.90. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director James Synge sold 3,471 shares of the company’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $37.34, for a total transaction of $129,607.14. Following the sale, the director now directly owns 67,102 shares of the company’s stock, valued at approximately $2,505,588.68. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 77,088 shares of company stock worth $2,672,781.

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.