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SAN MATEO, CA—Burke Russell John, the Chief Financial Officer of Life360 , Inc. (NASDAQ:LIF), recently executed a series of stock transactions, according to a recent SEC filing. The company, currently valued at $2.65 billion, has shown strong revenue growth of 22% over the last twelve months. On April 9, 2025, John acquired 32,468 shares of common stock through a grant of restricted stock units, a transaction that did not involve an immediate cash exchange.
The following day, April 10, John sold a total of 3,104 shares of Life360 common stock. The shares were sold at prices ranging from $34.36 to $35.03 per share, amounting to a total sale value of $106,737. These transactions were conducted as part of a Rule 10b5-1 trading plan, which John adopted in September 2024. This plan allows executives to set up a predetermined schedule for selling company stock, helping to avoid potential conflicts of interest and insider trading allegations. According to InvestingPro, analysts maintain a strong buy consensus with price targets ranging from $52 to $60.
Following these transactions, John holds 208,395 shares of Life360, which includes previously granted restricted stock units that vest monthly, contingent upon his continued service with the company. The company maintains a strong financial position with a current ratio of 3.12 and holds more cash than debt on its balance sheet, according to InvestingPro’s analysis, which offers 8 additional key insights about the company’s financial health.
In other recent news, Life360 has maintained a Market Outperform rating with a consistent price target of $55.00, as reiterated by JMP Securities analysts. The company’s recent developments include notable user growth in both domestic and international markets, which analysts believe will sustain high global monthly active user growth rates. Additionally, the introduction of Triple Tier subscriptions internationally is seen as a positive indicator of the core business’s health. Life360 is also expanding its service offerings, with the anticipated launch of pet tracking services and elder care services in the coming years. UBS has upgraded Life360’s stock from Neutral to Buy, raising its price target to $55.00, citing optimism about the company’s advertising revenue potential. UBS analysts project a 34% upside to the new price target, driven by expectations for faster-than-anticipated advertising revenue growth. Life360 has also appointed Vari Bindra as its new Chief Information Security Officer, reflecting its commitment to enhancing security and privacy. Bindra brings a wealth of experience from his previous roles at Amazon (NASDAQ:AMZN) and Intuit (NASDAQ:INTU), where he oversaw security initiatives.
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