Life360 director Prober sells $818k in shares

Published 15/10/2025, 23:58
Life360 director Prober sells $818k in shares

Life360, Inc. (OTCQX:LIF) Director Charles J. Prober sold 7,930 shares of common stock on October 13, 2025, for $103.20, totaling $818,376. On the same day, Prober exercised options to acquire 7,930 shares at a price of $11.18, for a total value of $88,657. The transaction comes as Life360’s stock has surged 124% over the past year, with the company maintaining impressive gross margins of 77%. According to InvestingPro analysis, the stock currently trades at elevated valuation multiples.

Following the sale, Prober directly owns 105,456 shares of Life360.

The option exercise and subsequent sale were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025.

In other recent news, Life360 has been the focus of several analyst updates following its strong financial performance. The company reported second-quarter results that exceeded consensus estimates, with revenue surpassing expectations by approximately $5.2 million and EBITDA exceeding forecasts by about $6.9 million. This performance led Citizens JMP to raise its price target for Life360 from $62 to $95, maintaining a Market Outperform rating. Similarly, Stifel increased its price target from $87 to $92, also maintaining a Buy rating, as the company raised its full-year guidance across all business segments. Canaccord Genuity further elevated its price target on Life360 to $115, citing consistent acceleration in core subscription revenue growth.

Meanwhile, Unity Software has also received attention, with JMP Securities reiterating its Market Outperform rating and maintaining a $35 price target. JMP’s analysis highlights the growing trend of web checkout solutions in the mobile ecosystem, which is expected to enhance profitability for game developers and partners. These developments reflect the analysts’ positive outlook on both Life360 and Unity Software based on their recent performance and strategic advancements.

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