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

Life360, Inc. (NASDAQ:LIF) Director Mark Goines sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $43.89, for a total value of $438,900.00. Following the transaction, the director now directly owns 66,272 shares in the company, valued at $2,908,678.08. The trade was a 13.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 stock was sold at an average price of $40.70, for a total transaction of $2,035,000.00.

Life360 Stock Up 6.7 %

Shares of LIF stock opened at $49.45 on Thursday. The business’s 50 day moving average is $42.78. Life360, Inc. has a 12-month low of $26.00 and a 12-month high of $49.50.

Institutional Trading of Life360

Several hedge funds have recently made changes to their positions in the company. Franklin Resources Inc. purchased a new stake in Life360 in the 3rd quarter worth about $4,689,000. Barclays PLC purchased a new position in shares of Life360 in the third quarter worth about $320,000. First Dallas Securities Inc. bought a new stake in shares of Life360 in the third quarter valued at approximately $273,000. Geode Capital Management LLC purchased a new stake in shares of Life360 during the 3rd quarter valued at approximately $5,134,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Life360 in the 3rd quarter valued at approximately $1,653,000.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on LIF. Jefferies Financial Group began coverage on shares of Life360 in a report on Friday, August 9th. They issued a “buy” rating and a $43.00 target price on the stock. UBS Group lifted their target price on Life360 from $35.00 to $50.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. JMP Securities increased their price target on Life360 from $40.00 to $55.00 and gave the company a “market outperform” rating in a research report on Thursday, November 14th. Loop Capital upped their target price on shares of Life360 from $36.00 to $43.00 and gave the stock a “buy” rating in a research note on Wednesday, August 21st. Finally, Stifel Nicolaus raised their price target on shares of Life360 from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, October 28th. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Life360 presently has a consensus 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.