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Life360 , Inc. (NASDAQ:LIF), which has seen its stock surge over 56% in the past year according to InvestingPro data, recently reported that Susan Stick, the company’s General Counsel, sold 2,822 shares of common stock on March 6, 2025. The shares were sold at an average price of $42.08, totaling approximately $118,749.
According to the filing, this transaction was conducted to cover tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs) previously reported. As a result of this transaction, Stick’s direct ownership now stands at 86,752 shares, which includes 71,100 RSUs that will convert into common stock upon vesting.
This sale was a "sell-to-cover" transaction, meaning it was not a discretionary sale by Stick but rather conducted to meet tax obligations.
In other recent news, Life360 has been the focus of several analyst assessments and strategic developments. UBS has upgraded Life360’s stock from Neutral to Buy, raising its price target to $55.00, driven by optimism about the company’s advertising revenue potential. UBS analysts foresee a 34% upside, with expectations for fiscal year 2026 revenue to surpass consensus estimates due to advancements in advertising technology. Meanwhile, JMP Securities has maintained its Market Outperform rating, citing robust user growth and the company’s successful freemium business model as key factors in its sustained expansion. JMP Securities also emphasized Life360’s unique market position and the potential for new services like pet and elder care to expand its Total (EPA:TTEF) Addressable Market.
The company’s core subscription business continues to show resilience, with Monthly Active Users (MAUs) accelerating in recent quarters. Analysts have noted the successful introduction of Triple Tier subscriptions in international markets, signaling strong user and pricing growth. Despite some recent logistical challenges in the non-core Hardware segment, UBS remains confident that Life360’s fiscal year 2025 guidance could exceed market expectations. Both UBS and JMP Securities express confidence in Life360’s strategic direction and growth prospects, highlighting the company’s ability to capitalize on global opportunities and limited competition.
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