Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Life360 Inc shares valued at $128,537 were sold by Burke Russell John on Dec 23 ’24. At $41.41 per share, Burke Russell John sold 3,104 shares. The insider’s holdings dropped to 154,962 shares worth approximately $6.66 million following the completion of this transaction.
Also, Burke Russell John sold 3,104 shares, netting a total of over 136,483 in proceeds. Following the sale of shares at $43.97 each, the insider now holds 158,066 shares.
Before that, Burke Russell John had added 18,624 shares to its account. In a trade valued at $818,882, the Officer bought Life360 Inc shares for $43.97 each.
As published in their initiating research note from Jefferies on August 09, 2024, Life360 Inc [LIF] has been a Buy and the price target has been revised to $43. Analysts at Stifel started covering the stock with ‘”a Buy”‘ outlook in a report released in early July. As of June 20, 2024, JMP Securities has initiated its “Mkt outperform” rating for LIF. Earlier on June 17, 2024, Loop Capital initiated its rating. Their recommendation was “a Buy” for LIF stock.
Analyzing LIF Stock Performance
During the last five days, there has been a surge of approximately 4.14%. Over the course of the year, Life360 Inc shares have jumped approximately 4.14%. Nevertheless, trading volume fell to 0.19 million shares from 0.27 million shares the previous day.
Support And Resistance Levels for Life360 Inc (LIF)
According to the 24-hour chart, there is a support level at 42.52, which, if violated, would cause prices to drop to 42.06. In the upper region, resistance lies at 43.42. The next price resistance is at 43.86. RSI (Relative Strength Index) is 48.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.00, which suggests the price will increase in the coming days. Percent R is at 29.88%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
