In a filing, Life360 Inc revealed its Chief Financial Officer Burke Russell John unloaded Company’s shares for reported $0.14 million on Dec 10 ’24. In the deal valued at $43.97 per share,3,104 shares were sold. As a result of this transaction, Burke Russell John now holds 158,066 shares worth roughly $6.44 million.
Then, Burke Russell John bought 18,624 shares, generating $818,882 in total proceeds.
Before that, Synge James sold 25,000 shares. Life360 Inc shares valued at $1,106,957 were divested by the Director at a price of $44.28 per share. As a result of the transaction, Synge James now holds 266,944 shares, worth roughly $10.87 million.
Jefferies initiated its Life360 Inc [LIF] rating to a Buy in a research note published on August 09, 2024; the price target was $43. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in early July with a ‘”a Buy”‘ rating. JMP Securities began covering LIF with “Mkt outperform” recommendation on June 20, 2024. Loop Capital started covering the stock on June 17, 2024. It rated LIF as “a Buy”.
Price Performance Review of LIF
On Friday, Life360 Inc [NASDAQ:LIF] saw its stock fall -3.16% to $40.73. Over the last five days, the stock has lost -7.03%. Life360 Inc shares have risen nearly 50.85% since the year began.
Levels Of Support And Resistance For LIF Stock
The 24-hour chart illustrates a support level at 40.17, which if violated will result in even more drops to 39.60. On the upside, there is a resistance level at 41.74. A further resistance level may holdings at 42.75. The Relative Strength Index (RSI) on the 14-day chart is 37.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.01%. Stochastics %K at 4.39% indicates the stock is a buying.
How much short interest is there in Life360 Inc?
A steep rise in short interest was recorded in Life360 Inc stocks on 2024-11-29, growing by 0.18 million shares to a total of 0.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.55 million shares. There was a rise of 24.64%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 17, 2024 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $37 price target.
