Life360 director John Coghlan sells $132,906 in stock

Published 13/03/2025, 00:36
Life360 director John Coghlan sells $132,906 in stock

SAN FRANCISCO—John Philip Coghlan, a director at Life360 , Inc. (NASDAQ:LIF), has sold company shares valued at approximately $132,906. The transaction, which took place on March 10, 2025, involved the sale of 3,125 shares at a weighted average price of $42.53 per share. The shares were sold as part of a pre-established Rule 10b5-1 trading plan, which was adopted by Coghlan in December 2024. The sale comes as Life360’s stock has shown remarkable strength, delivering a 50% return over the past year and maintaining a GOOD financial health score, according to InvestingPro data.

Following this sale, Coghlan holds 35,669 shares indirectly through the John Coghlan Living Trust. Additionally, he possesses 64,834 shares through the John Philip Coghlan 2024 Grantor Retained Annuity Trust and directly owns 5,226 shares, which include 1,742 restricted stock units. These units represent a contingent right to receive one share of the company’s common stock upon vesting.

The transaction was part of multiple trades executed at prices ranging from $42.25 to $43.00 per share. Coghlan has committed to providing full details on the number of shares sold at each price upon request.

In other recent news, Life360 has been the focus of several analyst updates and strategic developments. UBS upgraded Life360 stock from Neutral to Buy, raising the price target to $55.00. The upgrade is based on the company’s potential for increased advertising revenue, with UBS projecting a 34% upside to the new price target. Analysts at UBS anticipate that Life360’s fiscal year 2026 revenue will reach $25 million, driven by advertising opportunities. Meanwhile, JMP Securities maintained its Market Outperform rating on Life360, also with a $55.00 price target, highlighting the company’s strong user growth and strategic market position.

Life360’s expansion into new markets, such as pet and elder care services, is seen as a significant opportunity for increasing its Total (EPA:TTEF) Addressable Market. The company’s freemium business model has been noted for reducing customer acquisition costs and driving steady growth in Monthly Active Users. JMP Securities emphasized Life360’s unique market position and strategic initiatives as key factors in its sustained growth. Despite a recent dip in share price, UBS views the current valuation as an attractive entry point, with expectations that upcoming fiscal guidance could exceed market estimates.

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