Life360 general counsel Susan Stick sells $20,145 in company stock

SAN MATEO, CA— Life360 , Inc. (NASDAQ:LIF) General Counsel Susan Stick recently executed a sale of company stock, according to a regulatory filing. On March 11, Stick sold 500 shares of Life360 common stock at an average price of $40.29 per share, amounting to a total transaction value of $20,145. The transaction comes as Life360, currently valued at $3.01 billion, has delivered an impressive 46.63% return over the past year. According to InvestingPro analysis, the stock appears fairly valued based on its proprietary Fair Value model.

Following this transaction, Stick holds 86,252 shares of Life360, which includes 71,100 restricted stock units. These units represent a contingent right to receive one share of the company’s common stock upon vesting. Analysts maintain a strong bullish stance on Life360, with price targets ranging from $52 to $60 per share. InvestingPro subscribers can access 12 additional key insights about Life360’s financial health and growth prospects.

The sale was conducted under a Rule 10b5-1 trading plan, which Stick adopted on November 27, 2024. This plan allows for the automatic sale of company stock based on predetermined criteria and was established when Stick was not in possession of any material nonpublic information about Life360. The company maintains a strong financial position with a healthy current ratio of 3.12 and more cash than debt on its balance sheet.

In other recent news, Life360 has been the subject of several analyst reports highlighting its growth prospects and strategic initiatives. UBS upgraded Life360 from Neutral to Buy, raising its price target to $55.00, citing confidence in the company’s potential for increased advertising revenue. UBS analysts forecast a 34% upside to this new target, driven by expectations of a swift ramp-up in advertising revenue, which they believe will contribute significantly to Life360’s fiscal year 2026 revenue. Meanwhile, JMP Securities maintained its Market Outperform rating with a $55.00 price target, emphasizing Life360’s unique market position and successful freemium business model that has reduced customer acquisition costs.

JMP analysts also noted the company’s steady growth in Monthly Active Users and Paying Circles, projecting continued expansion into new markets such as pet and elder care services. Life360’s strategic direction is further supported by its plans to introduce additional services in the coming years, which analysts believe will enhance its long-term revenue goals. The company’s journey towards achieving a $1 billion revenue target is seen as increasingly attainable, with its strategic initiatives and market position playing key roles. Both UBS and JMP Securities express confidence in Life360’s growth prospects, highlighting its potential to capitalize on global opportunities and limited competition.

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