Life360 director John Coghlan sells $118,312 in stock

Published 03/04/2025, 23:52
Life360 director John Coghlan sells $118,312 in stock

In a recent filing with the Securities and Exchange Commission, John Coghlan, a director at Life360 , Inc. (NASDAQ:LIF), disclosed the sale of 3,125 shares of the company’s common stock. The shares were sold on April 1, 2025, at a weighted average price of $37.86, resulting in a total transaction value of $118,312. The transaction comes as Life360 shows strong momentum, with a 36% return over the past year and robust revenue growth of 22% in the last twelve months.

Following this sale, Coghlan’s indirect holdings, through the John Coghlan Living Trust, amount to 34,286 shares. Additionally, he holds 64,834 shares indirectly through the John Philip Coghlan 2024 Grantor Retained Annuity Trust, and 3,484 shares directly. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which allows insiders to sell a predetermined number of shares at a predetermined time, thus helping to avoid potential accusations of insider trading. According to InvestingPro, Life360 maintains a healthy financial position with a "GOOD" overall health score, though current analysis suggests the stock may be overvalued at present levels.

In other recent news, Life360 has been the focus of several analyst updates and corporate developments. JMP Securities has maintained its Market Outperform rating for Life360 with a price target of $55.00, citing robust user growth and the company’s unique freemium business model. Analysts at UBS have upgraded Life360 from Neutral to Buy, also setting a price target of $55.00, driven by optimism regarding the company’s advertising revenue potential and durable user growth. UBS projects a 34% upside to this price target, anticipating fiscal year 2026 revenue to be $25 million, 4.5% higher than consensus estimates.

Life360 has also announced the appointment of Vari Bindra as its new Chief Information Security Officer, reflecting its commitment to enhancing security and privacy measures. This strategic move is part of Life360’s efforts to become a trusted brand in family safety. Additionally, the company is expanding its offerings with the integration of pet tracking technology, aiming to boost subscription conversions and enhance its subscription business.

The introduction of new services, such as pet and elder care, along with advertising, is seen as a pathway to increase Life360’s Total (EPA:TTEF) Addressable Market and contribute to its long-term revenue goals. Analysts believe that these developments, along with international expansion, position Life360 to achieve its $1 billion revenue target. Overall, the recent analyst ratings and strategic initiatives underscore confidence in Life360’s growth prospects and market strategy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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