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Director Charles J. Prober of Life360, Inc. (NASDAQ:LIF) sold 7,930 shares of common stock on August 13, 2025, at a price of $84.13, for a total value of $667,150. The transaction occurred as Life360’s stock trades near its 52-week high of $89.80, having gained 107% year-to-date. On the same day, Prober exercised options to purchase 7,930 shares of Life360 common stock at a price of $11.18, for a total value of $88657.
The sale is disclosed in a Form 4 filing with the Securities and Exchange Commission. Following the transaction, Prober directly owns 105,456 shares of Life360, Inc., currently valued at approximately $9 million based on the company’s $85.43 share price. According to InvestingPro analysis, the stock appears overvalued at current levels, trading at a P/E ratio of 224.
The reported transaction was executed under a pre-arranged Rule 10b5-1 trading plan, adopted by Prober on March 14, 2025. For comprehensive insider trading analysis and 21 additional key insights about Life360, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, Life360 reported second-quarter 2025 revenue that exceeded consensus estimates by approximately $5.2 million, alongside an EBITDA that surpassed expectations by about $6.9 million. Following these results, Citizens JMP raised its price target on Life360 to $95, maintaining a Market Outperform rating. Stifel also increased its price target to $92, citing the company’s better-than-expected performance across all segments and an increase in the midpoints of its full-year guidance forecasts. Meanwhile, UBS raised its price target to $71, highlighting reduced competitive pressure from Apple’s services after their Worldwide Developers Conference. In leadership changes, Life360 announced the promotion of Lauren Antonoff to Chief Executive Officer, with co-founder Chris Hulls transitioning to Executive Chairman. These developments reflect a period of strategic adjustment and positive performance for Life360.
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