Life360 CFO Burke sells $198k in stock

Published 11/07/2025, 22:28
Life360 CFO Burke sells $198k in stock

Life360 , Inc. (NASDAQ:LIF) Chief Financial Officer Burke Russell John sold 3,104 shares of common stock on July 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as the stock trades near its 52-week high of $67.11, having delivered an impressive 87.68% return over the past year. The sales were executed in multiple transactions with prices ranging from $63.14 to $64.37.

Specifically, Burke sold 2,249 shares at a weighted average price of $63.90, and 855 shares at a weighted average price of $64.20, resulting in total proceeds of approximately $198,602.

The filing indicates the sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on September 6, 2024. Following the transactions, Burke directly owns 199,522 shares of Life360 common stock, which includes 111,231 restricted stock units.

In other recent news, Life360 has garnered attention with several key developments. The company reported a strong first-quarter performance, surpassing expectations with significant growth in advertising revenue and a rise in paid subscribers. Analysts at Stifel maintained a Buy rating with a $48 target, while Loop Capital increased their price target to $58, reflecting confidence in Life360’s strategic initiatives and potential for continued revenue growth. UBS also raised its price target to $71, citing reduced competition concerns and a positive outlook on Life360’s growth potential. Citizens JMP followed suit, increasing their target to $62, emphasizing their continued confidence in the company’s prospects.

Additionally, Life360 stockholders approved the election of directors, executive compensation, and the appointment of Deloitte & Touche LLP as the independent auditor, indicating strong shareholder confidence. The company is set to launch a pet tracking feature in the fourth quarter of 2025, aiming to expand its international market presence. These recent developments underscore Life360’s ongoing efforts to enhance its service offerings and capture growth opportunities in the competitive mobile application market.

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